STOCK TITAN

Equinix (EQIX) Chief People Officer sells 424 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

Equinix Inc.'s Chief People Officer Brandi Galvin Morandi reported an open-market sale of Common Stock. On April 8, 2026, she sold 424 shares at $1,020.00 per share. After this transaction, she directly holds 9,970.456 shares of Equinix common stock.

The filing notes that these shares were sold pursuant to a Rule 10b5-1 trading plan, indicating the sale was pre-arranged under a preset trading program rather than initiated spontaneously.

Positive

  • None.

Negative

  • None.
Insider MORANDI BRANDI GALVIN
Role Chief People Officer
Sold 424 shs ($432K)
Type Security Shares Price Value
Sale Common Stock 424 $1,020.00 $432K
Holdings After Transaction: Common Stock — 9,970.456 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 424 shares Open-market sale on April 8, 2026
Sale price $1,020.00 per share Price for Equinix Common Stock in reported sale
Shares held after 9,970.456 shares Direct ownership after the transaction
Transactions reported 1 sale Single non-derivative open-market sale on Form 4
Rule 10b5-1 Trading Plan regulatory
"Shares sold pursuant to a 10b5-1 Trading Plan."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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).
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*
MORANDI BRANDI GALVIN

(Last)(First)(Middle)
C/O EQUINIX, INC.
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief People Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026
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
Common Stock04/08/2026S(1)424D$1,0209,970.456D
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
Explanation of Responses:
1. Shares sold pursuant to a 10b5-1 Trading Plan.
/s/ Samantha Lagocki, POA04/09/2026
** 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) disclose in this Form 4?

Equinix disclosed that Chief People Officer Brandi Galvin Morandi sold 424 shares of Common Stock. The sale was an open-market transaction at $1,020.00 per share, executed under a pre-arranged Rule 10b5-1 trading plan.

How many Equinix (EQIX) shares did the insider sell and at what price?

The insider sold 424 shares of Equinix Common Stock at $1,020.00 per share. This was an open-market sale, and the transaction was carried out pursuant to a Rule 10b5-1 trading plan.

What are Brandi Galvin Morandi’s holdings in Equinix (EQIX) after the sale?

Following the reported transaction, Brandi Galvin Morandi directly holds 9,970.456 shares of Equinix Common Stock. This figure reflects her position after selling 424 shares on April 8, 2026.

Was the Equinix (EQIX) insider sale part of a Rule 10b5-1 trading plan?

Yes. The Form 4 footnote states the 424 shares were sold pursuant to a Rule 10b5-1 Trading Plan, meaning the sale was pre-scheduled under a preset plan rather than being timed discretionarily.

What role does the reporting person hold at Equinix (EQIX)?

The reporting person, Brandi Galvin Morandi, serves as Equinix’s Chief People Officer. She is an officer of the company and reported this open-market sale of Common Stock on Form 4 as required by SEC rules.