Equinix CEO sells shares after RSU vesting
Equinix Inc CEO and President Adaire Fox-Martin reported a combination of RSU vesting and share sales.
Rhea-AI Filing Summary
Equinix Inc CEO and President Adaire Fox-Martin reported a combination of RSU vesting and share sales. On June 1, 2026, she exercised 5,645 Restricted Stock Units, converting them into common shares. On June 2, 2026, she then sold 2,935 shares of common stock in multiple open-market transactions at weighted-average prices around $1,050–$1,060 per share.
According to the disclosure, the sales were made under a Rule 10b5-1 trading plan to raise cash to pay required withholding taxes tied to the RSU vesting. After these transactions, she directly owns 22,283.661 shares of Equinix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 120 | $1,052.2504 | $126K |
| Sale | Common Stock | 120 | $1,053.4529 | $126K |
| Sale | Common Stock | 800 | $1,054.368 | $843K |
| Sale | Common Stock | 285 | $1,055.2485 | $301K |
| Sale | Common Stock | 315 | $1,056.3317 | $333K |
| Sale | Common Stock | 400 | $1,057.59 | $423K |
| Sale | Common Stock | 295 | $1,060.9879 | $313K |
| Sale | Common Stock | 600 | $1,061.5252 | $637K |
| Exercise | Restricted Stock Unit | 5,645 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,645 | $0.00 | $0.00 |
Footnotes (11)
- F1. Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,051.69 to $1052.48, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3 through 9 to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,052.71 to $1,053.70 inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,053.96 to $1,054.82 inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,055.04 to $1,055.61 inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,056.11 to $1,056.50 inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,057.21 to $1,057.97 inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,060.19 to $1,061.19 inclusive.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,061.21 to $1,062.04 inclusive.
- F10. Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 25% of the RSUs vesting on December 1, 2024 and an additional 25% of the RSUs vesting every 6 months thereafter until fully vested..
- F11. Restricted stock unit award expires upon reporting person's termination of service.
Key Figures
Key Terms
10b5-1 Trading Plan regulatory
Restricted Stock Unit financial
withholding tax financial
weighted average price financial
vesting period financial
FAQ
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What insider transactions did Equinix (EQIX) CEO Adaire Fox-Martin report on this Form 4?
What RSU activity did Equinix (EQIX) disclose for its CEO in this Form 4?
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