[Form 4] Equinix, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Abdel Raouf, EVP, Global Operations at Equinix, Inc. (EQIX), reported an insider sale and a small employee purchase. On 09/09/2025 Mr. Raouf sold 404 shares of Equinix common stock at a price of $771.1072 per share. After the reported transaction he beneficially owned 6,377.908 shares directly. The filing also notes an acquisition of 2.908 shares under the Equinix Employee Stock Purchase Plan on 08/14/2025.

The Form 4 was signed by a power of attorney, Samantha Lagocki, on 09/11/2025. All information is limited to the transactions and holdings disclosed on this Form 4.

Positive

• Continued direct ownership of 6,377.908 shares after the sale
• Participation in ESPP with 2.908 shares acquired on 08/14/2025

Negative

• Insider sale of 404 shares reported on 09/09/2025 at $771.1072 per share

Insights

Securities Analyst

TL;DR: Routine insider sale of 404 shares at $771.11, leaving ~6,378 shares beneficially owned; small ESPP purchase noted.

The transaction disclosed is a single-sale event by an executive, indicating a partial divestiture rather than a full exit. The sale price of $771.1072 and the post-transaction direct ownership of 6,377.908 shares are clearly reported. The separate ESPP acquisition of 2.908 shares on 08/14/2025 demonstrates ongoing participation in employee equity programs. Based solely on the Form 4, this appears to be routine disclosure without further company-level financial impact.

Corporate Governance Expert

TL;DR: Disclosure is complete for the reported trades; filing was executed by a POA and includes both sale and ESPP purchase details.

The Form 4 properly identifies the reporting person as an officer (EVP, Global Operations), records the sale transaction code, and shows direct beneficial ownership after the trade. The signature by a power of attorney on 09/11/2025 is explicitly noted. From a governance and compliance perspective the filing contains the required elements for Section 16 reporting and does not, on its face, raise procedural concerns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Abdel Raouf

(Last) (First) (Middle)

C/O EQUINIX. INCE.

ONE LAGOON DRIVE

(Street)

REDWOOD CITY CA 94065

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC [ EQIX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Global Operations

3. Date of Earliest Transaction (Month/Day/Year)
09/09/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/09/2025		S		404	D	$771.1072	6,377.908(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 2.908 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on August 14, 2025.

	/s/ Samantha Lagocki, POA	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did EQIX reporting person Abdel Raouf disclose?

He reported a sale of 404 shares of Equinix common stock on 09/09/2025 at $771.1072 per share.

How many Equinix shares does Abdel Raouf beneficially own after the reported transaction?

The Form 4 states he beneficially owns 6,377.908 shares directly following the reported transaction.

Did the filing show any employee plan purchases for EQIX insiders?

Yes. The filing notes 2.908 shares were acquired under the Equinix Employee Stock Purchase Plan on 08/14/2025.

Who signed the Form 4 for the reporting person and when?

The Form 4 was signed by Samantha Lagocki, POA on 09/11/2025 as the reporting person's power of attorney.

What is the reporting person's role at Equinix?

The reporting person is identified as an Officer, specifically EVP, Global Operations.