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Equinix (EQIX) officer sells 208 shares to cover RSU taxes, converts 510 RSUs

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Equinix Chief Customer & Revenue Officer Michael Shane Paladin reported mixed equity activity. On March 3, 2026 he sold a total of 208 shares of Equinix common stock in a series of open‑market transactions at per‑share prices including $946.83, $950.29 and $959.44. A footnote states these sales were made under a Rule 10b5‑1 trading plan to raise cash for required withholding taxes tied to restricted stock unit vesting. On March 2, 2026, 510 restricted stock units were converted into an equal number of common shares at $0.00 per share. After these transactions, Paladin directly owned 2,271.485 shares of Equinix common stock. The RSU award continues to vest based on ongoing employment.

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Insider Paladin Michael Shane
Role Chief Customer & Rev Officer
Sold 208 shs ($199K)
Type Security Shares Price Value
Sale Common Stock 7 $946.83 $7K
Sale Common Stock 7 $948.03 $7K
Sale Common Stock 21 $950.29 $20K
Sale Common Stock 17 $952.9124 $16K
Sale Common Stock 14 $953.765 $13K
Sale Common Stock 22 $955.7009 $21K
Sale Common Stock 61 $956.552 $58K
Sale Common Stock 52 $957.7215 $50K
Sale Common Stock 7 $959.44 $7K
Exercise Restricted Stock Units 510 $0.00 --
Exercise Common Stock 510 $0.00 --
Holdings After Transaction: Common Stock — 2,472.485 shares (Direct); Restricted Stock Units — 1,020 shares (Direct)
Footnotes (1)
  1. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $950.27 to $950.30, 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 7 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $952.27 to $953.05 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $953.74 to $953.79 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $955.10 to $956.10 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $956.12 to $957.03 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.17 to $957.54 inclusive. 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: 35% of the RSUs vesting on October 7, 2025 and an additional 21.67% of the RSUs vesting every March 1st and September 1st until fully vested. Restricted stock unit award expires upon reporting person's termination of service.
Form 4 Insider Transactions: What Each Field Means →
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).
X
 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*
Paladin Michael Shane
(Last) (First) (Middle)
C/O EQUINIX INC.
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)
Chief Customer & Rev Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 M 510 A $0 2,479.485 D
Common Stock 03/03/2026 S(1) 7 D $946.83 2,472.485 D
Common Stock 03/03/2026 S(1) 7 D $948.03 2,465.485 D
Common Stock 03/03/2026 S(1) 21 D $950.29(2) 2,444.485 D
Common Stock 03/03/2026 S(1) 17 D $952.9124(3) 2,427.485 D
Common Stock 03/03/2026 S(1) 14 D $953.765(4) 2,413.485 D
Common Stock 03/03/2026 S(1) 22 D $955.7009(5) 2,391.485 D
Common Stock 03/03/2026 S(1) 61 D $956.552(6) 2,330.485 D
Common Stock 03/03/2026 S(1) 52 D $957.7215(7) 2,278.485 D
Common Stock 03/03/2026 S(1) 7 D $959.44 2,271.485 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
Restricted Stock Units $0 03/02/2026 M 510 (8) (9) Common Stock 510 $0 1,020 D
Explanation of Responses:
1. 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.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $950.27 to $950.30, 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 7 to this Form 4.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $952.27 to $953.05 inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $953.74 to $953.79 inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $955.10 to $956.10 inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $956.12 to $957.03 inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.17 to $957.54 inclusive.
8. 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: 35% of the RSUs vesting on October 7, 2025 and an additional 21.67% of the RSUs vesting every March 1st and September 1st until fully vested.
9. Restricted stock unit award expires upon reporting person's termination of service.
/s/ Samantha Lagocki, POA 03/04/2026
** 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.

Source: View Original Filing on SEC EDGAR