Lin Jonathan 4
4 · EQUINIX INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Equinix (EQIX) CBO Jonathan Lin Sells ~1,124 Shares After Exercise
What Happened
- Jonathan Lin, Chief Business Officer of Equinix, exercised/converted derivative awards and received an award, then sold a portion of the shares. On Feb 17, 2026 he converted/exercised 2,490 derivative shares (458 + 518 + 1,514) at $0.00 (no cash paid) and was recorded as acquiring a 3,027-share award the same day. On Feb 18, 2026 he sold a total of 1,124.25 shares in open-market transactions, generating roughly $1,057,391 in proceeds (weighted-average prices reported across multiple trades).
Key Details
- Transaction dates: conversions/exercises and award recorded Feb 17, 2026; open-market sales on Feb 18, 2026.
- Sales: 1,124.25 shares sold for total proceeds ≈ $1,057,391 (various per-share prices, weighted averages reported).
- Exercises/awards: 2,490 shares converted/exercised at $0.00 and 3,027 shares acquired as an award (all recorded Feb 17, 2026).
- Reason for sales: Footnote F2 indicates shares were sold pursuant to a 10b5-1 trading plan to raise funds to pay required withholding tax from RSU vesting.
- Price ranges: per-footnotes, the sale prices were executed in multiple transactions across ranges roughly $932–$945 (weighted averages and ranges provided in the filing).
- Shares owned after transaction: not specified in the data provided in this summary (check the Form 4 for total holdings).
- Filing timeliness: filed Feb 19, 2026 for transactions through Feb 17–18, 2026 — appears to be timely (Form 4 is typically due within two business days).
Context
- These filings reflect conversions/vestings of equity awards (derivative conversions and an award at $0.00) followed by partial disposition. The $0.00 exercise/award amounts indicate shares delivered on vesting or conversion rather than a cash purchase. The sale appears routine and linked to tax-withholding needs under a 10b5-1 plan rather than an open-market purchase as a bullish signal.
Insider Transaction Report
Form 4
EQUINIX INCEQIX
Lin Jonathan
Chief Business Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-17+458→ 9,880.097 total - Exercise/Conversion
Common Stock
2026-02-17+518→ 10,398.097 total - Exercise/Conversion
Common Stock
2026-02-17+1,514→ 11,912.097 total - Sale
Common Stock
[F2][F3]2026-02-18$932.94/sh−41$38,251→ 11,871.097 total - Sale
Common Stock
[F2][F4]2026-02-18$934.45/sh−82$76,625→ 11,789.097 total - Sale
Common Stock
[F2]2026-02-18$935.39/sh−8.25$7,717→ 11,780.847 total - Sale
Common Stock
[F2][F5]2026-02-18$937.79/sh−139$130,352→ 11,641.847 total - Sale
Common Stock
[F2][F6]2026-02-18$938.86/sh−110$103,274→ 11,531.847 total - Sale
Common Stock
[F2][F7]2026-02-18$940.12/sh−168$157,941→ 11,363.847 total - Sale
Common Stock
[F2][F8]2026-02-18$941.04/sh−222$208,910→ 11,141.847 total - Sale
Common Stock
[F2][F9]2026-02-18$942.04/sh−149$140,365→ 10,992.847 total - Sale
Common Stock
[F2][F10]2026-02-18$943.47/sh−41$38,682→ 10,951.847 total - Sale
Common Stock
[F2][F11]2026-02-18$944.96/sh−74$69,927→ 10,877.847 total - Sale
Common Stock
[F2]2026-02-18$948.30/sh−90$85,347→ 10,787.847 total - Exercise/Conversion
Restricted Stock Unit
[F12][F13]2026-02-17−458→ 0 totalExercise: $0.00→ Common Stock (458 underlying) - Exercise/Conversion
Restricted Stock Units
[F14][F13]2026-02-17−518→ 518 totalExercise: $0.00→ Common Stock (518 underlying) - Award
Restricted Stock Unit
[F15][F13]2026-02-17+3,027→ 3,027 totalExercise: $0.00→ Common Stock (3,027 underlying) - Exercise/Conversion
Restricted Stock Unit
[F15][F13]2026-02-17−1,514→ 1,513 totalExercise: $0.00→ Common Stock (1,514 underlying)
Footnotes (15)
- [F1]32.243 shares acquired under the Equinix, Inc. Employee Stock Purchase Plan on February 13, 2026.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $942.895 to $943.81 inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $944.69 to $945.29 inclusive.
- [F12]On February 14, 2023, the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2023. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 12, 2024, 25% will vest on February 15, 2025 and the remaining 25% will vest on February 15, 2026, subject solely to continued service.
- [F13]Restricted stock unit award expires upon reporting person's termination of service.
- [F14]On March 7, 2024 the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2024. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2025, 25% will vest on February 15, 2026 and the remaining 25% will vest on February 15, 2027, subject solely to continued service.
- [F15]On March 11, 2025 the reporting person was granted performance restricted stock units, the vesting of which was subject to both continued service and the attainment of certain AFFO, Revenue and EBITDA targets for 2025. The Compensation Committee certified the degree to which the targets were achieved, therefore 50% of the award vested on February 15, 2026, 25% will vest on February 15, 2027 and the remaining 25% will vest on February 15, 2028, subject solely to continued service.
- [F2]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.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $932.32 to $933.10, inclusive. The reporting person undertakes to provide to 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 4 through 11 to this Form 4.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $934.205 to $934.66 inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $937.12 to $938.06 inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $938.36 to $939.25 inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $939.49 to $940.485 inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $940.535 to $941.43 inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $941.73 to $942.6825 inclusive.
Signature
/s/ Samantha Lagocki, POA|2026-02-19