Equinix (EQIX) awards 2,911 RSUs to Chief People Officer on vesting schedule
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Equinix, Inc. reported that its Chief People Officer, Brandi Galvin Morandi, received an award of 2,911 restricted stock units (RSUs) on February 6, 2026. The RSUs were granted at a price of $0 per unit and are held directly.
The RSUs vest over three years, conditioned on continued service. According to the award terms, 33.33% of the RSUs vested on January 15, 2027, and an additional 33.33% will vest on each of January 15, 2028 and January 15, 2029. The award expires if the reporting person’s service with the company ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORANDI BRANDI GALVIN
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,911 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 2,911 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) disclose for Brandi Galvin Morandi?
Equinix disclosed that Chief People Officer Brandi Galvin Morandi received 2,911 restricted stock units on February 6, 2026. The RSUs were granted at a price of $0 per unit and are held directly as part of her equity compensation.
How many restricted stock units were granted to Equinix (EQIX) Chief People Officer?
The Chief People Officer of Equinix was granted 2,911 restricted stock units. These RSUs represent a form of equity compensation that can convert into shares of common stock over time, subject to the vesting schedule and continued service requirements.
What is the vesting schedule for the 2,911 RSUs reported by Equinix (EQIX)?
The 2,911 RSUs vest in three equal tranches of 33.33%. One-third vested on January 15, 2027, with additional one-third portions scheduled to vest on January 15, 2028 and January 15, 2029, assuming continuous qualifying service with Equinix.
What conditions apply to the restricted stock units granted by Equinix (EQIX)?
The RSUs require continuous active service as an employee, consultant, or director with Equinix or its subsidiaries throughout the vesting period. If the reporting person’s service terminates, the restricted stock unit award expires under the terms described in the filing footnotes.
How many restricted stock units does the Equinix (EQIX) insider hold after this transaction?
After the reported transaction, the insider beneficially owns 2,911 restricted stock units. These units are reported as directly owned and are subject to the specified vesting schedule and service-based conditions outlined in the disclosure.
Is there a purchase price for the Equinix (EQIX) restricted stock units granted?
The restricted stock units were granted with a price of $0 per unit. This indicates the award is a form of equity compensation rather than an open market purchase, with value realized as units vest into common shares over time.