Equinix (EQIX) CLO Kurt Pletcher sells 317.75 shares under 10b5‑1 plan
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 317.75 shares ($305,850)
Net Sell
22 txns
Insider
Pletcher Kurt
Role
Chief Legal Officer
Sold
317.75 shs ($306K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2 | $942.26 | $2K |
| Sale | Common Stock | 0.5 | $948.3957 | $474.20 |
| Sale | Common Stock | 1 | $949.7503 | $949.75 |
| Sale | Common Stock | 1.25 | $950.8461 | $1K |
| Sale | Common Stock | 1 | $951.9338 | $951.93 |
| Sale | Common Stock | 2 | $953.1644 | $2K |
| Sale | Common Stock | 2 | $954.1909 | $2K |
| Sale | Common Stock | 3 | $955.2686 | $3K |
| Sale | Common Stock | 4 | $956.2389 | $4K |
| Sale | Common Stock | 5 | $957.3582 | $5K |
| Sale | Common Stock | 6 | $958.3633 | $6K |
| Sale | Common Stock | 6 | $959.2396 | $6K |
| Sale | Common Stock | 7 | $960.3277 | $7K |
| Sale | Common Stock | 2 | $961.3339 | $2K |
| Sale | Common Stock | 4 | $962.1816 | $4K |
| Sale | Common Stock | 3 | $963.2895 | $3K |
| Sale | Common Stock | 5 | $964.4099 | $5K |
| Sale | Common Stock | 1 | $965.5523 | $965.55 |
| Sale | Common Stock | 3 | $968.1166 | $3K |
| Exercise | Restricted Stock Units | 142 | $0.00 | -- |
| Sale | Common Stock | 259 | $963.4259 | $250K |
| Exercise | Common Stock | 142 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,165.705 shares (Direct);
Restricted Stock Units — 0 shares (Direct)
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 $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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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 Restricted stock unit award expires upon reporting person's termination of service.
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).
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.