MORANDI BRANDI GALVIN 4

What Happened
Brandi Galvin, Equinix’s Chief People Officer, was granted 2,911 restricted stock units (RSUs) on February 6, 2026. The award is recorded at $0.00 per share (a compensatory/derivative grant), so no cash was exchanged. This is a grant of equity compensation rather than a market purchase or sale.

Key Details

• Transaction date: 2026-02-06 — Grant/Acquisition (Form 4 code A) for 2,911 RSUs at $0.00 per share.
• Vesting: 33.33% vests on Jan 15, 2027; 33.33% on Jan 15, 2028; 33.33% on Jan 15, 2029 (footnote F1). Vesting requires continuous active service.
• Expiration/Forfeiture: RSUs expire upon termination of service (footnote F2).
• Shares owned after transaction: Not specified in the provided summary—see the filed Form 4 for total post-grant holdings.
• Filing timeliness: Report filed 2026-02-09 for a 2026-02-06 grant; filing appears timely.

Context
This is a standard equity compensation award to an executive (derivative RSUs) and does not indicate an open-market purchase or sale. The RSUs vest over three years, so value is realized only if Ms. Galvin remains an active employee and the RSUs vest.