STOCK TITAN

Equinix (EQIX) director receives 241 Restricted Stock Units as equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PAISLEY CHRISTOPHER B reported acquisition or exercise transactions in this Form 4 filing.

Equinix Inc. director Christopher B. Paisley received a grant of 241 Restricted Stock Units (RSUs), each representing one share of common stock. These RSUs vest on the earlier of May 13, 2027 or the date of the next regular stockholder meeting after the grant year, provided he remains in continuous service. Following this grant, he holds 241 RSUs directly, which will expire if his service with the company terminates before vesting.

Positive

  • None.

Negative

  • None.
Insider PAISLEY CHRISTOPHER B
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Unit 241 $0.00 --
Holdings After Transaction: Restricted Stock Unit — 241 shares (Direct, null)
Footnotes (1)
  1. The Restricted Stock Units shall vest on the earlier of (i) May 13, 2027 or (ii) if the reporting person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the reporting person remains in continuous Service through such vesting date. Restricted stock unit award expires upon reporting person's termination of service.
RSUs granted 241 units Restricted Stock Unit grant to director on May 13, 2026
Underlying shares 241 shares Common stock underlying the RSU award
Shares after transaction 241 RSUs Total Restricted Stock Units held following the grant
Vesting date May 13, 2027 Latest vesting date, subject to earlier stockholder meeting and service
Restricted Stock Unit financial
"The Restricted Stock Units shall vest on the earlier of (i) May 13, 2027..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting date financial
"...remains in continuous Service through such vesting date."
continuous Service financial
"...provided that, in either case, the reporting person remains in continuous Service..."
termination of service financial
"Restricted stock unit award expires upon reporting person's termination of service."
SEC Form 4
FORM 4UNITED 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).
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*
PAISLEY CHRISTOPHER B

(Last)(First)(Middle)
ONE LAGOON DRIVE

(Street)
REDWOOD CITY CALIFORNIA 94065

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC [ EQIX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit$005/13/2026A241 (1) (2)Common Stock241$0241D
Explanation of Responses:
1. The Restricted Stock Units shall vest on the earlier of (i) May 13, 2027 or (ii) if the reporting person does not stand for re-election as a director of the Company, the date of the regular meeting of the Company's stockholders held in the calendar year subsequent to the grant date; provided that, in either case, the reporting person remains in continuous Service through such vesting date.
2. Restricted stock unit award expires upon reporting person's termination of service.
/s/ Samantha Lagocki, POA05/14/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Equinix (EQIX) report for Christopher B. Paisley?

Equinix reported that director Christopher B. Paisley received a grant of 241 Restricted Stock Units. Each RSU represents one share of common stock, increasing his equity-based compensation position subject to future vesting conditions tied to continued service on the board.

How many Restricted Stock Units were granted to the Equinix (EQIX) director?

The director was granted 241 Restricted Stock Units. These units correspond to 241 underlying shares of Equinix common stock and represent additional equity compensation that will only convert into shares if the specified vesting conditions and service requirements are fully satisfied.

When do the newly granted Equinix (EQIX) RSUs vest for the director?

The RSUs vest on the earlier of May 13, 2027 or the date of the regular stockholder meeting held in the calendar year after the grant. Vesting requires the director to remain in continuous service through the applicable vesting date under the award’s terms.

What happens to the Equinix (EQIX) RSU award if the director’s service ends?

The RSU award expires upon the director’s termination of service. If he leaves before the vesting date, the unvested Restricted Stock Units are forfeited and do not convert into Equinix common shares, limiting the award’s value to continued board service.

Is the Equinix (EQIX) RSU grant to the director an open-market purchase or sale?

No, the RSU grant is classified as a grant or award acquisition, not an open-market trade. The director did not buy or sell shares for cash; instead, he received equity compensation that may settle in shares if vesting requirements are later met.

How many Equinix (EQIX) RSUs does the director hold after this transaction?

After this transaction, the director holds 241 Restricted Stock Units directly. These units represent a potential future claim on 241 shares of Equinix common stock, contingent on satisfying the vesting schedule and continuous service conditions set out in the award agreement.