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Equinix (EQIX) CFO receives two new restricted stock unit awards

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

Rhea-AI Filing Summary

LEONETTI OLIVIER reported acquisition or exercise transactions in this Form 4 filing.

Equinix Inc. reported that Chief Financial Officer Olivier Leonetti received two grants of restricted stock units as equity compensation. One award covers 5,422 RSUs tied to Equinix common stock, and the other covers 3,578 RSUs. Both are held directly by the executive.

Each RSU award vests over three years, subject to continuous service. For one grant, 33.33% vests on March 1, 2027, with additional 33.33% portions vesting on March 1, 2028 and March 1, 2029. For the other, 33.33% vests on January 15, 2027, with further 33.33% portions vesting on January 15, 2028 and January 15, 2029. The awards expire if Leonetti’s service with the company ends.

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SEC Form 4
FORM 4 UNITED 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*
LEONETTI OLIVIER

(Last) (First) (Middle)
C/O EQUINIX INC.
ONE LAGOON DRIVE

(Street)
REDWOOD CITY CA 94065

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
EQUINIX INC [ EQIX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit $0 03/16/2026 A 5,422 (1) (2) Common Stock 5,422 $0 5,422 D
Restricted Stock Unit $0 03/16/2026 A 3,578 (3) (2) Common Stock 3,578 $0 3,578 D
Explanation of Responses:
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 March 1, 2027 and an additional 33.33% of the RSUs will each vest on March 1, 2028 and March 1, 2029.
2. Restricted stock unit award expires upon reporting person's termination of service.
3. 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.
/s/ Samantha Lagocki, POA 03/17/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did Equinix (EQIX) report for Olivier Leonetti?

Equinix reported that Chief Financial Officer Olivier Leonetti received two restricted stock unit awards as equity compensation. One grant covers 5,422 RSUs and the other 3,578 RSUs, both tied to Equinix common stock and reported as directly owned derivative securities.

How many restricted stock units did the Equinix CFO receive in this Form 4?

The Equinix CFO received two separate restricted stock unit awards: one for 5,422 RSUs and another for 3,578 RSUs. Each RSU represents a contingent right to receive one share of Equinix common stock, subject to the specified vesting schedules and continued service conditions.

What is the vesting schedule for Olivier Leonetti’s 5,422 Equinix RSUs?

The 5,422 restricted stock units vest in three equal installments based on continued service. According to the schedule, 33.33% vest on March 1, 2027, with additional 33.33% portions vesting on March 1, 2028 and March 1, 2029, assuming ongoing employment or qualifying service.

How do the 3,578 Equinix RSUs granted to the CFO vest over time?

The 3,578 restricted stock units also vest in three equal tranches, contingent on continued service. The vesting schedule provides that 33.33% vest on January 15, 2027, and additional 33.33% portions vest on January 15, 2028 and January 15, 2029, if service is maintained throughout.

What happens to Olivier Leonetti’s Equinix restricted stock units if his service ends?

The filing states that each restricted stock unit award expires upon the reporting person’s termination of service. This means unvested RSUs would cease to be outstanding if Leonetti’s employment or qualifying service with Equinix or its subsidiaries ends before full vesting occurs.

Did the Equinix CFO buy or sell common stock in this Form 4 filing?

The Form 4 shows no open-market purchases or sales of Equinix common stock by the CFO. Instead, it reports two acquisitions of restricted stock units as compensation awards, coded as grants (transaction code A), with no associated buy or sell transactions in the company’s shares.
Equinix Inc

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