Insider sells 600 Equinix (EQIX) shares in 10b5-1 planned trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equinix, Inc.’s Chief People Officer, Brandi Galvin Morandi, reported selling a total of 600 shares of Equinix common stock in two open-market transactions on February 12, 2026 under a Rule 10b5-1 trading plan. The shares were sold at prices of $956.44 and $975.00 per share. After these sales, she directly owned 8,951.213 shares of Equinix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 600 shares ($579,432)
Net Sell
2 txns
Insider
MORANDI BRANDI GALVIN
Role
Chief People Officer
Sold
600 shs ($579K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 300 | $956.44 | $287K |
| Sale | Common Stock | 300 | $975.00 | $293K |
Holdings After Transaction:
Common Stock — 9,251.213 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Equinix (EQIX) report in this Form 4?
Equinix reported that Chief People Officer Brandi Galvin Morandi sold 600 shares of common stock in two open-market transactions. These trades were executed under a pre-arranged Rule 10b5-1 trading plan on February 12, 2026.
Who is the insider involved in the latest Equinix (EQIX) stock sale?
The insider is Brandi Galvin Morandi, Equinix’s Chief People Officer. She reported two open-market sales of Equinix common stock, totaling 600 shares, executed under a Rule 10b5-1 trading plan on February 12, 2026.
Were the recent Equinix (EQIX) insider sales under a 10b5-1 plan?
Yes. The filing states that the shares were sold pursuant to a Rule 10b5-1 trading plan. Such plans allow insiders to pre-schedule stock sales, helping separate routine diversification from discretionary trading decisions.
What transaction code is used for the Equinix (EQIX) insider sales?
The transactions are coded “S,” indicating sales in open-market or private transactions. In this case, both reported trades on February 12, 2026 were open-market sales of Equinix common stock under a Rule 10b5-1 trading plan.