Equinix (NASDAQ: EQIX) awards 416 RSUs to Executive Chairman Meyers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equinix Inc. reported that Executive Chairman and director Charles J. Meyers received an award of 416 restricted stock units (RSUs) on February 6, 2026. The RSUs have an exercise price of $0 and are held directly by Meyers.
Vesting depends on his continuous service with the company or a subsidiary. According to the schedule, 33.33% of the RSUs vested on January 15, 2027, with an additional 33.33% vesting on January 15, 2028 and the final 33.33% vesting on January 15, 2029, unless his service terminates earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Meyers Charles J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 416 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 416 shares (Direct)
Footnotes (1)
- 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, 2027 and an additional 33.33% of the RSUs will each vest on January 15, 2028 and January 15, 2029. Restricted stock unit award expires upon reporting person's termination of service.
FAQ
What insider transaction did Equinix (EQIX) report for Charles J. Meyers?
Equinix reported that Executive Chairman Charles J. Meyers received an award of 416 restricted stock units on February 6, 2026. These RSUs were granted at an exercise price of $0 and are reported as directly owned derivative securities.
How many restricted stock units did Charles J. Meyers receive from Equinix (EQIX)?
Charles J. Meyers received 416 restricted stock units from Equinix. The Form 4 shows 416 derivative securities acquired at a price of $0, with 416 derivative securities beneficially owned following the reported transaction, all held in direct ownership.
What is the vesting schedule for Charles J. Meyers’ Equinix (EQIX) RSUs?
The RSUs vest in three equal installments of 33.33%. One-third vested on January 15, 2027, with additional 33.33% tranches scheduled to vest on January 15, 2028 and January 15, 2029, subject to Meyers’ continuous qualifying service.
What conditions affect vesting of Charles J. Meyers’ Equinix (EQIX) RSUs?
Vesting depends on Meyers’ continuous active service as an employee, consultant, or director of Equinix or a subsidiary. The award expires upon his termination of service, meaning unvested restricted stock units are forfeited if service ends.
Are Charles J. Meyers’ Equinix (EQIX) RSUs reported as directly or indirectly owned?
The Form 4 reports the 416 restricted stock units as directly owned by Charles J. Meyers. The ownership form is listed as “D” for direct, and no footnote indicates that another entity holds voting or investment authority.
Does the Equinix (EQIX) RSU award to Charles J. Meyers have an exercise price?
Yes. The Form 4 lists the conversion or exercise price of the restricted stock unit award as $0. This reflects that RSUs typically convert into common shares upon vesting without additional cash payment required from the holder.