STOCK TITAN

Equinix (EQIX) EVP sells shares after RSU vesting under 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

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 Abdel Raouf
Role EVP, Global Operations
Sold 927 shs ($743K)
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 --
Holdings After Transaction: Common Stock — 8,227.658 shares (Direct); Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
  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.
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).
X
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*
Abdel Raouf

(Last) (First) (Middle)
C/O EQUINIX. INCE.
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)
EVP, Global Operations
3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026
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
Common Stock 01/15/2026 M 838 A $0 6,968.658 D
Common Stock 01/15/2026 M 511 A $0 7,479.658 D
Common Stock 01/15/2026 M 784 A $0 8,263.658 D
Common Stock 01/16/2026 S(1) 36 D $797.1325(2) 8,227.658 D
Common Stock 01/16/2026 S(1) 131 D $798.4161(3) 8,096.658 D
Common Stock 01/16/2026 S(1) 88 D $800.2211(4) 8,008.658 D
Common Stock 01/16/2026 S(1) 160 D $801.6763(5) 7,848.658 D
Common Stock 01/16/2026 S(1) 277 D $802.7544(6) 7,571.658 D
Common Stock 01/16/2026 S(1) 181 D $803.531(7) 7,390.658 D
Common Stock 01/16/2026 S(1) 54 D $805.0442(8) 7,336.658 D
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 Units $0 01/15/2026 M 838 (9) (10) Common Stock 838 $0 0 D
Restricted Stock Units $0 01/15/2026 M 511 (11) (10) Common Stock 511 $0 510 D
Restricted Stock Units $0 01/15/2026 M 784 (12) (10) Common Stock 784 $0 1,566 D
Explanation of Responses:
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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
9. 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.
10. Restricted stock unit award expires upon reporting person's termination of service.
11. 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.
12. 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.
/s/ Samantha Lagocki, POA 01/20/2026
** 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).
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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) shares did the EVP sell and at what prices?

On January 16, 2026, the EVP sold a total of 927 shares of Equinix common stock in several trades. The weighted average sale prices reported ranged from about $797.13 to $805.04 per share, with each line item reflecting a weighted average over multiple individual transactions within the stated price ranges.

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.

Why did the Equinix (EQIX) executive sell shares according to the Form 4?

The explanation states that the shares were sold pursuant to a Rule 10b5-1 Trading Plan in order to raise funds to pay the required withholding tax associated with the vesting of restricted stock units. The filing notes this purpose directly in the footnotes.

How many Equinix (EQIX) shares does the EVP own after these transactions?

Following the reported RSU conversions and subsequent stock sales, the EVP is shown as beneficially owning 7,336.658 shares of Equinix common stock, held directly.

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.