Meyers Charles J 4
4 · EQUINIX INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Equinix (EQIX) Executive Chairman Charles Meyers Sells Shares
What Happened
- Charles J. Meyers, Director and Executive Chairman of Equinix (EQIX), exercised derivative awards on Feb 17, 2026 and received awards, then sold shares in the open market on Feb 18, 2026. The filing reports exercises converting 3,634 shares (acquired at $0.00) and a separate grant/award of 504 shares. Following those events, Meyers sold 1,769 shares in multiple open-market transactions for aggregate proceeds of approximately $1,501,111. Sale prices ranged roughly from $926 to $944 per share (weighted averages reported for several lots).
Key Details
- Transaction dates: exercises and award on 2026-02-17; open-market sales on 2026-02-18; Form 4 filed 2026-02-19 (timely).
- Exercise/acquisitions: 2,291 + 1,091 + 252 shares (exercised, acquired at $0.00) and a 504-share award on 2/17.
- Open-market sales: 1,769 shares sold in multiple trades for total proceeds ≈ $1.50M; individual weighted-average prices reported across lots (see filing footnotes).
- Small purchase via ESPP: 32.243 shares acquired under the Equinix ESPP on Feb 13, 2026 (footnote F1).
- Notable footnotes: F2 indicates some shares were sold under a 10b5-1 trading plan to raise funds to pay required withholding tax for RSU vesting; multiple footnotes (F3–F12) note weighted-average prices and price ranges for the various sale lots. The filing includes performance-RSU vesting background (F13–F16).
- Shares owned after the transactions: not specified in the provided summary of the filing.
Context
- Derivative explanation: Meyers exercised option/derivative awards (converted to common shares) and a portion of shares were sold shortly after — effectively a cashless outcome for some exercised shares. The filing’s footnotes indicate at least some sales were made under a pre-established 10b5-1 plan to cover tax withholding from RSU vesting, which is a common, routine reason for insider sales and not necessarily a signal about company prospects.
- Filing timeliness: the Form 4 was filed two days after the primary transactions (typical, timely reporting).
Insider Transaction Report
Form 4
EQUINIX INCEQIX
Meyers Charles J
DirectorOther
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-02-17+2,291→ 15,576.289 total - Exercise/Conversion
Common Stock
2026-02-17+1,091→ 16,667.289 total - Exercise/Conversion
Common Stock
2026-02-17+252→ 16,919.289 total - Sale
Common Stock
[F2][F3]2026-02-18$926.14/sh−489$452,884→ 16,430.289 total - Sale
Common Stock
[F2][F4]2026-02-18$927.31/sh−80$74,185→ 16,350.289 total - Sale
Common Stock
[F2][F5]2026-02-18$929.90/sh−160$148,784→ 16,190.289 total - Sale
Common Stock
[F2]2026-02-18$930.47/sh−40$37,219→ 16,150.289 total - Sale
Common Stock
[F2][F6]2026-02-18$932.12/sh−120$111,854→ 16,030.289 total - Sale
Common Stock
[F2][F7]2026-02-18$933.93/sh−120$112,072→ 15,910.289 total - Sale
Common Stock
[F2][F8]2026-02-18$934.65/sh−40$37,386→ 15,870.289 total - Sale
Common Stock
[F2][F9]2026-02-18$938.69/sh−240$225,284→ 15,630.289 total - Sale
Common Stock
[F2][F10]2026-02-18$939.88/sh−80$75,190→ 15,550.289 total - Sale
Common Stock
[F2][F11]2026-02-18$941.55/sh−80$75,324→ 15,470.289 total - Sale
Common Stock
[F2][F12]2026-02-18$942.75/sh−80$75,420→ 15,390.289 total - Sale
Common Stock
[F2]2026-02-18$943.86/sh−80$75,509→ 15,310.289 total - Exercise/Conversion
Restricted Stock Unit
[F13][F14]2026-02-17−2,291→ 0 totalExercise: $0.00→ Common Stock (2,291 underlying) - Exercise/Conversion
Restricted Stock Unit
[F15][F14]2026-02-17−1,091→ 1,090 totalExercise: $0.00→ Common Stock (1,091 underlying) - Award
Restricted Stock Unit
[F16][F14]2026-02-17+504→ 504 totalExercise: $0.00→ Common Stock (504 underlying) - Exercise/Conversion
Restricted Stock Unit
[F16][F14]2026-02-17−252→ 252 totalExercise: $0.00→ Common Stock (252 underlying)
Footnotes (16)
- [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 $939.48 to $940.27 inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $941.53 to $941.58 inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $942.61 to $942.89 inclusive.
- [F13]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.
- [F14]Restricted stock unit award expires upon reporting person's termination of service.
- [F15]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.
- [F16]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 $926.03 to $926.92, 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 4 through 12 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 $927.24 to $927.38 inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $929.37 to $930.37 inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $931.85 to $932.48 inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $933.42 to $934.29 inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $934.59 to $934.67 inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $938.19 to $938.95 inclusive.
Signature
/s/ Samantha Lagocki, POA|2026-02-19