STOCK TITAN

Equinix (EQIX) CLO Kurt Pletcher sells 317.75 shares under 10b5‑1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Equinix Inc.’s Chief Legal Officer, Kurt Pletcher, reported automated stock transactions tied to restricted stock units. On March 2–3, 2026, he sold a total of 317.75 shares of Equinix common stock in open‑market trades under a Rule 10b5‑1 trading plan to raise funds for required withholding taxes from RSU vesting. The sales occurred in multiple transactions at weighted‑average prices within ranges from $948.02 to $968.62 per share. In connection with these awards, 142 restricted stock units were converted into an equal number of common shares at no cost. After these transactions, Pletcher directly owns 4,108.955 shares of Equinix common stock.

Positive

  • None.

Negative

  • None.
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*
Pletcher Kurt

(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 Legal Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 S 259 D $963.4259 4,025.705 D
Common Stock 03/02/2026 M 142 A $0 4,167.705 D
Common Stock 03/03/2026 S(1) 2 D $942.26 4,165.705 D
Common Stock 03/03/2026 S(1) 0.5 D $948.3957(2) 4,165.205 D
Common Stock 03/03/2026 S(1) 1 D $949.7503(3) 4,164.205 D
Common Stock 03/03/2026 S(1) 1.25 D $950.8461(4) 4,162.955 D
Common Stock 03/03/2026 S(1) 1 D $951.9338(5) 4,161.955 D
Common Stock 03/03/2026 S(1) 2 D $953.1644(6) 4,159.955 D
Common Stock 03/03/2026 S(1) 2 D $954.1909(7) 4,157.955 D
Common Stock 03/03/2026 S(1) 3 D $955.2686(8) 4,154.955 D
Common Stock 03/03/2026 S(1) 4 D $956.2389(9) 4,150.955 D
Common Stock 03/03/2026 S(1) 5 D $957.3582(10) 4,145.955 D
Common Stock 03/03/2026 S(1) 6 D $958.3633(11) 4,139.955 D
Common Stock 03/03/2026 S(1) 6 D $959.2396(12) 4,133.955 D
Common Stock 03/03/2026 S(1) 7 D $960.3277(13) 4,126.955 D
Common Stock 03/03/2026 S(1) 2 D $961.3339(14) 4,124.955 D
Common Stock 03/03/2026 S(1) 4 D $962.1816(15) 4,120.955 D
Common Stock 03/03/2026 S(1) 3 D $963.2895(16) 4,117.955 D
Common Stock 03/03/2026 S(1) 5 D $964.4099(17) 4,112.955 D
Common Stock 03/03/2026 S(1) 1 D $965.5523(18) 4,111.955 D
Common Stock 03/03/2026 S(1) 3 D $968.1166(19) 4,108.955 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 03/02/2026 M 142 (20) (21) Common Stock 142 $0 0 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 $948.02 to $948.98, 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 19 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 $949.075 to $950.02 inclusive.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $950.21 to $951.21 inclusive.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $951.37 to $952.19 inclusive.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $952.665 to $953.65 inclusive.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $953.71 to $954.61 inclusive.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $954.765 to $955.735 inclusive.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $955.77 to $956.77 inclusive.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $956.79 to $957.78 inclusive.
11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.81 to $958.81 inclusive.
12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $958.84 to $959.81 inclusive.
13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $959.89 to $960.86 inclusive.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $960.94 to $961.925 inclusive.
15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $961.95 to $962.92 inclusive.
16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $962.98 to $963.8125 inclusive.
17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $964.00 to $965.00 inclusive.
18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $965.17 to $965.71 inclusive.
19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $967.69 to $968.62 inclusive.
20. 143 shares (12.5% of the total shares awarded) scheduled to vest on March 1, 2025 and an additional 12.5% each 6 months thereafter until fully vested, subject solely to continued service
21. Restricted stock unit award expires upon reporting person's termination of service.
/s/ Samantha Lagocki, POA 03/04/2026
** 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 activity did Equinix (EQIX) report for Kurt Pletcher?

Equinix reported that Chief Legal Officer Kurt Pletcher sold 317.75 shares of common stock in open‑market transactions. These sales were executed under a Rule 10b5‑1 trading plan and were associated with tax withholding obligations from vested restricted stock units (RSUs).

How many Equinix (EQIX) shares did Kurt Pletcher sell and at what prices?

Kurt Pletcher sold 317.75 shares of Equinix common stock. The shares were sold in multiple open‑market trades at weighted‑average prices within various ranges, with disclosed ranges running from about $948.02 up to approximately $968.62 per share across the reported transactions.

Why were Kurt Pletcher’s Equinix (EQIX) share sales executed under a 10b5‑1 plan?

The filing states that shares were sold under a Rule 10b5‑1 Trading Plan to raise funds to pay required withholding taxes related to the vesting of RSUs. Such pre‑arranged plans automate trades and help separate routine tax‑related sales from discretionary decisions.

Did Kurt Pletcher acquire any Equinix (EQIX) shares in this Form 4?

Yes. The Form 4 shows 142 restricted stock units were converted into an equal number of Equinix common shares at a reported price of $0.00 per share, reflecting a standard RSU vesting event rather than an open‑market purchase transaction.

How many Equinix (EQIX) shares does Kurt Pletcher own after these transactions?

After the reported sales and RSU conversion, Kurt Pletcher directly owns 4,108.955 shares of Equinix common stock. This figure reflects his direct ownership immediately following the final open‑market sale reported in the Form 4 for the March 2–3, 2026 transactions.

What do the weighted‑average prices mean in Kurt Pletcher’s Equinix (EQIX) Form 4?

The Form 4 notes that reported prices are weighted averages for multiple trades within specified ranges, such as $948.02–$948.98 and up to $967.69–$968.62. The filing states Pletcher will provide detailed trade‑level prices upon request to shareholders or regulators.

Are Kurt Pletcher’s Equinix (EQIX) sales described as discretionary or tax‑related?

The filing explains that the shares were sold under a Rule 10b5‑1 Trading Plan to generate cash to pay required withholding taxes from RSU vesting. This indicates the primary purpose of the sales was tax‑related rather than a discretionary reduction of his holdings.
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