Equinix CLO sells 559 shares after RSU vesting
Equinix Inc. Chief Legal Officer Kurt Pletcher reported a mix of equity awards and sales.
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Rhea-AI Filing Summary
Equinix Inc. Chief Legal Officer Kurt Pletcher reported a mix of equity awards and sales. On March 11, 2026, he received a grant of 559 restricted stock units under the 2025 Annual Incentive Plan after performance criteria were met, which were then fully converted into 559 shares of common stock.
On March 12, 2026, he sold 559 shares of Equinix common stock in a series of open-market transactions pursuant to a Rule 10b5-1 trading plan, at weighted-average prices within disclosed ranges from $957.55 to $969.80 per share. After these trades, he directly owned 4,108.955 shares of Equinix common stock.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16 | $958.0048 | $15K |
| Sale | Common Stock | 28 | $959.004 | $27K |
| Sale | Common Stock | 20 | $960.1291 | $19K |
| Sale | Common Stock | 46 | $961.1728 | $44K |
| Sale | Common Stock | 37 | $962.5967 | $36K |
| Sale | Common Stock | 16 | $963.7176 | $15K |
| Sale | Common Stock | 32 | $965.3438 | $31K |
| Sale | Common Stock | 36 | $966.1606 | $35K |
| Sale | Common Stock | 164 | $967.4416 | $159K |
| Sale | Common Stock | 101 | $968.2977 | $98K |
| Sale | Common Stock | 63 | $969.1412 | $61K |
| Grant/Award | Restricted Stock Unit | 559 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 559 | $0.00 | $0.00 |
| Exercise | Common Stock | 559 | $0.00 | $0.00 |
Footnotes (14)
- F1. Shares sold pursuant to a 10b5-1 Trading Plan.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.55 to $958.48, 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 12 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 $958.59 to $959.455 inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $959.625 to $960.4200 inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $960.875 to $961.59 inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $962.13 to $963.00 inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $963.395 to $964.00 inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $964.71 to $965.70 inclusive.
- F9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $965.78 to $966.74 inclusive.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $966.805 to $967.78 inclusive.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $967.84 to $968.77 inclusive.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $968.87 to $969.80 inclusive.
- F13. Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4.
- F14. Restricted stock unit award expires upon reporting person's termination of service.
FAQ
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What insider transactions did Equinix (EQIX) Chief Legal Officer Kurt Pletcher report?
Was the Equinix (EQIX) insider stock sale pre-planned under Rule 10b5-1?
What equity award did Equinix (EQIX) grant its Chief Legal Officer in March 2026?
What is the nature of the restricted stock unit award reported by Equinix (EQIX)?
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