Equinix (EQIX) EVP sells shares after RSU vesting under 10b5-1 plan
Rhea-AI Filing Summary
Equinix Inc. executive Abdel Raouf, EVP Global Operations, reported RSU vesting and related share sales. On January 15, 2026, restricted stock units covering 838, 511, and 784 shares of Equinix common stock were converted at an exercise price of $0 per share, increasing his directly held common stock.
On January 16, 2026, he sold a total of 927 shares of Equinix common stock in multiple transactions at weighted average prices ranging from about $797.13 to $805.04 per share. According to the disclosure, these shares were sold under a Rule 10b5-1 trading plan to raise funds to pay required withholding taxes related to the RSU vesting. After these transactions, he directly owned 7,336.658 shares of Equinix common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 36 | $797.1325 | $29K |
| Sale | Common Stock | 131 | $798.4161 | $105K |
| Sale | Common Stock | 88 | $800.2211 | $70K |
| Sale | Common Stock | 160 | $801.6763 | $128K |
| Sale | Common Stock | 277 | $802.7544 | $222K |
| Sale | Common Stock | 181 | $803.531 | $145K |
| Sale | Common Stock | 54 | $805.0442 | $43K |
| Exercise | Restricted Stock Units | 838 | $0.00 | -- |
| Exercise | Restricted Stock Units | 511 | $0.00 | -- |
| Exercise | Restricted Stock Units | 784 | $0.00 | -- |
| Exercise | Common Stock | 838 | $0.00 | -- |
| Exercise | Common Stock | 511 | $0.00 | -- |
| Exercise | Common Stock | 784 | $0.00 | -- |
Footnotes (1)
- Shares were sold pursuant to a 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax pursuant to the vesting of RSUs. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $796.86 to $797.43, inclusive. The reporting person undertakes to provide to Equinix, Inc, any security holder of Equinix Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 3 through 8 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $797.895 to $798.855 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $799.93 to $800.84 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $800.935 to $801.88 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $802.15 to $803.15 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $803.19 to $804.16 inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $804.775 to $805.14 inclusive. 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, 2024 and an additional 33.33% of the RSUs will each vest on January 15, 2025 and January 15, 2026. Restricted stock unit award expires upon reporting person's termination of service. 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, 2025 and an additional 33.33% of the RSUs will each vest on January 15, 2026 and January 15, 2027. 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, 2026 and an additional 33.33% of the RSUs will each vest on January 15, 2027 and January 15, 2028.
FAQ
What insider activity did Equinix (EQIX) report in this Form 4?
The filing shows that Abdel Raouf, EVP Global Operations of Equinix Inc., had several restricted stock unit awards convert into common stock on January 15, 2026, and then sold portions of his Equinix common stock on January 16, 2026 in multiple open-market transactions.
How many Equinix (EQIX) RSUs vested or were converted in this filing?
On January 15, 2026, restricted stock units covering 838, 511, and 784 shares of Equinix common stock were reported as converted at an exercise price of $0 per share. These RSU awards vest in three approximately equal annual installments, subject to continuous service, with specific vesting schedules described in the footnotes.
What do the weighted average prices mean in this Equinix (EQIX) Form 4?
For each sale line, the price reported is a weighted average price. The footnotes explain that the shares were sold in multiple transactions within specific price ranges (for example, from $796.86 to $797.43), and that full information on the number of shares sold at each separate price in those ranges is available upon request.