Equinix (EQIX) CFO receives two new restricted stock unit awards
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.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 5,422 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 3,578 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. Restricted stock unit award expires upon reporting person's termination of service.
- F3. 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.
FAQ
What insider transactions did Equinix (EQIX) report for Olivier Leonetti?
How many restricted stock units did the Equinix CFO receive in this Form 4?
What is the vesting schedule for Olivier Leonetti’s 5,422 Equinix RSUs?
How do the 3,578 Equinix RSUs granted to the CFO vest over time?
What happens to Olivier Leonetti’s Equinix restricted stock units if his service ends?
Did the Equinix CFO buy or sell common stock in this Form 4 filing?
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