Equinix (EQIX) director’s family trust sells 125 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equinix director Christopher B. Paisley, through the Paisley Family Trust, sold 125 shares of Equinix common stock at $1,060.29 per share in an open-market transaction. The trust held 17,557 shares afterward. The sale was made pursuant to a Rule 10b5-1 Trading Plan, indicating it was pre-scheduled rather than discretionary.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 125 shares ($132,536)
Net Sell
4 txns
Insider
PAISLEY CHRISTOPHER B
Role
null
Sold
125 shs ($133K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 125 | $1,060.29 | $133K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,557 shares (Indirect, Paisley Family Trust)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 125 shares
Sale price per share: $1,060.29 per share
Shares held by Paisley Family Trust after sale: 17,557 shares
+2 more
5 metrics
Shares sold
125 shares
Open-market sale of Equinix common stock
Sale price per share
$1,060.29 per share
Price for the 125 shares sold
Shares held by Paisley Family Trust after sale
17,557 shares
Indirect ownership following transaction
Shares held by Trust for Son
318 shares
Indirect ownership as of transaction date
Shares held by Trust for Brother
209 shares
Indirect ownership as of transaction date
Key Terms
Rule 10b5-1 Trading Plan, open-market sale, indirect ownership, Common Stock, +1 more
5 terms
Rule 10b5-1 Trading Plan financial
"Shares sold pursuant to a 10b5-1 Trading Plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
"direct_or_indirect: I, ownership_type: indirect, ownership_code: I"
Common Stock financial
"security_title: Common Stock for all reported entries"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Paisley Family Trust financial
"nature_of_ownership: Paisley Family Trust"
FAQ
What did Equinix (EQIX) director Christopher B. Paisley report in this Form 4?
He reported that the Paisley Family Trust, an entity associated with him, sold 125 shares of Equinix common stock at $1,060.29 per share and continued to hold 17,557 shares indirectly after the transaction.