Equinix director Christopher Paisley reports 75-share sale under 10b5-1 plan

Rhea-AI Filing Summary

Christopher B. Paisley, an Equinix, Inc. (EQIX) director, reported a sale of 75 shares of common stock on 08/18/2025 at a reported price of $781.50 per share. Following the transaction he is reported to beneficially own 17,832 shares through indirect holdings including the Paisley Family Trust and trusts for family members. The filing is reported on Form 4 and the sale is disclosed as made pursuant to a 10b5-1 trading plan, per the filer’s explanation.

The Form 4 is signed by a power of attorney on behalf of Mr. Paisley and contains no derivative transactions or other material amendments. The report presents a routine insider sale under a pre-established plan and discloses the post-transaction indirect ownership stake.

Positive

• Transaction executed under a 10b5-1 trading plan, indicating the sale was pre-arranged and may reduce concerns about opportunistic insider trading
• Filing discloses post-transaction beneficial ownership (17,832 shares) and identifies indirect holdings via family trusts, improving transparency

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine insider sale under 10b5-1; compliance with trading plan reduces governance concern.

The filing documents a small block sale of 75 shares by a director under a 10b5-1 plan, which typically indicates pre-scheduled, non-discretionary trading rather than opportunistic selling. The report also clarifies indirect beneficial ownership (17,832 shares) held via family trusts, improving transparency. There are no derivatives or amendments disclosed, and the signature is executed by a power of attorney. Overall the filing shows standard insider disclosure and procedural compliance.

Securities Analyst

TL;DR: Small-scale sale with clear post-transaction holdings; not materially informative about company fundamentals.

The transaction size (75 shares) and the explicit statement that it occurred pursuant to a 10b5-1 plan suggest limited informational content for investors about firm prospects. The filing lists indirect ownership through multiple family trusts, which is useful for ownership mapping but does not indicate a change to control or material shift in stake. No derivative activity was reported.

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^*

PAISLEY CHRISTOPHER B

(Last) (First) (Middle)

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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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	08/18/2025		S(1)		75	D	$781.5	17,832	I	Paisley Family Trust
Common Stock								209	I	By Trust for Brother
Common Stock								318	I	By Trust for Son
Common Stock								318	I	By Trust for Son

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

Explanation of Responses:

1. Shares sold pursuant to a 10b5-1 Trading Plan.

	/s/ Samantha Lagocki, POA	08/19/2025
	** 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 transaction did EQIX director Christopher Paisley report on Form 4?

He reported a sale of 75 shares of Equinix common stock on 08/18/2025 at a reported price of $781.50 per share.

Was the sale by Christopher Paisley part of a trading plan?

Yes, the Form 4 states the shares were sold pursuant to a 10b5-1 trading plan.

How many Equinix shares does Christopher Paisley beneficially own after the reported transaction?

The Form 4 reports 17,832 shares beneficially owned following the transaction, held indirectly via family trusts.

Did the Form 4 report any derivative securities or amendments?

No. The filing shows no derivative transactions and does not indicate any amendment to a prior Form 4.

Who signed the Form 4 filing for Christopher Paisley?

The filing is signed by Samantha Lagocki as power of attorney on 08/19/2025.