Equinix CLO reports RSU vesting and share sales
Equinix Inc.'s Chief Legal Officer Kurt Pletcher reported RSU vesting and related share sales.
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Rhea-AI Filing Summary
Equinix Inc.'s Chief Legal Officer Kurt Pletcher reported RSU vesting and related share sales. On January 15, 2026, restricted stock units for 372, 383 and 603 shares converted at an exercise price of $0 into the same number of Equinix common shares.
On January 16, 2026, he sold multiple small blocks of common stock under a Rule 10b5-1 trading plan to raise funds to pay required withholding taxes from the RSU vesting, with sale prices ranging from about $796.86 to $805.14 per share. Following these transactions, he directly held 3,195.463 shares of Equinix common stock and retained 1,204 RSUs subject to future vesting schedules tied to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 23 | $797.1325 | $18K |
| Sale | Common Stock | 84 | $798.4161 | $67K |
| Sale | Common Stock | 57 | $800.2211 | $46K |
| Sale | Common Stock | 103 | $801.6763 | $83K |
| Sale | Common Stock | 177.75 | $802.7544 | $143K |
| Sale | Common Stock | 116 | $803.531 | $93K |
| Sale | Common Stock | 35 | $805.0442 | $28K |
| Exercise | Restricted Stock Units | 372 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 383 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 603 | $0.00 | $0.00 |
| Exercise | Common Stock | 372 | $0.00 | $0.00 |
| Exercise | Common Stock | 383 | $0.00 | $0.00 |
| Exercise | Common Stock | 603 | $0.00 | $0.00 |
Footnotes (12)
- 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 $796.86 to $797.43, 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 8 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 $797.895 to $798.855 inclusive.
- F4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $799.93 to $800.84 inclusive.
- F5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $800.935 to $801.88 inclusive.
- F6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $802.15 to $803.15 inclusive.
- F7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.19 to $804.16 inclusive.
- F8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $804.775 to $805.14 inclusive.
- F9. 33.33% of the RSUs vested on January 15, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026, subject solely to continued service.
- F10. Restricted stock unit award expires upon reporting person's termination of service.
- F11. Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on January 15, 2025 and an additional 33.33% of the RSUs will each vest on January 15, 2026 and January 15, 2027.
- F12. Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on January 15, 2026 and an additional 33.33% of the RSUs will each vest on January 15, 2027 and January 15, 2028.
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