Fox-Martin Adaire 4

4 · EQUINIX INC · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated Mar 13, 2026

Equinix (EQIX) CEO Adaire Sells ~1,086 Shares After RSU Grant

What Happened

Fox‑Martin Adaire, President, CEO and Director of Equinix, received a 2,034‑share restricted stock unit (RSU) award on March 11, 2026 (granted under the 2025 Annual Incentive Plan). The RSUs converted/settled into 2,034 shares (reported as derivative exercise/conversion at $0.00).
On March 12, 2026, Adaire sold a total of 1,086 shares in multiple open‑market transactions, generating aggregate proceeds of about $1,049,295. Individual sale prices ranged roughly from $962.23 to $969.92 per share (weighted average prices reported for different lots).

Key Details

Transaction dates: RSU grant/settlement and conversion on 2026‑03‑11; open‑market sales on 2026‑03‑12. Form 4 filed 2026‑03‑13 (appears timely).
Sales: 1,086 shares sold in multiple lots for approx. $1,049,295 total.
Grant: 2,034 RSUs granted/vested on 2026‑03‑11 (footnote indicates 100% of the award was granted).
Reason for sales: Footnote states shares were sold pursuant to a 10b5‑1 trading plan to raise funds to pay required withholding tax from the RSU vesting.
Shares owned after these transactions: not specified in the provided filing excerpt.
Footnotes: F1 (10b5‑1 plan / tax withholding), F7 (award granted after meeting performance criteria), F8 (RSUs expire upon termination). Several sales reported as weighted averages with price ranges for specific lots (approx. $962.23–$969.92).

Context

This filing reflects a routine manager compensation settlement (RSU grant + settlement) followed by planned sales to cover tax withholding rather than a standalone investment purchase or a discretionary sell signal. The derivative entries at $0.00 represent awarded/vested RSUs converting to common shares rather than a cash option purchase.
For retail investors: sales tied to tax withholding and 10b5‑1 plans are common and generally less informative about the insider’s view on the company’s outlook than voluntary, unscheduled sales or purchases.

Insider Transaction Report

Form 4

Period: 2026-03-11

EQUINIX INCEQIX

Fox-Martin Adaire

DirectorCEO and President

Transactions

Exercise/Conversion
Common Stock
2026-03-11+2,034→ 20,659.661 total
Sale
Common Stock
[F1]
2026-03-12$958.14/sh−40$38,326→ 20,619.661 total
Sale
Common Stock
[F1]
2026-03-12$960.18/sh−80$76,814→ 20,539.661 total
Sale
Common Stock
[F1]
2026-03-12$961.19/sh−40$38,448→ 20,499.661 total
Sale
Common Stock
[F1][F2]
2026-03-12$962.55/sh−120$115,506→ 20,379.661 total
Sale
Common Stock
[F1][F3]
2026-03-12$964.04/sh−80$77,123→ 20,299.661 total
Sale
Common Stock
[F1][F4]
2026-03-12$968.12/sh−515$498,582→ 19,784.661 total
Sale
Common Stock
[F1][F5]
2026-03-12$969.00/sh−170$164,729→ 19,614.661 total
Sale
Common Stock
[F1][F6]
2026-03-12$969.92/sh−41$39,767→ 19,573.661 total
Award
Restricted Stock Unit
[F7][F8]
2026-03-11+2,034→ 2,034 total
Exercise: $0.00→ Common Stock (2,034 underlying)
Exercise/Conversion
Restricted Stock Unit
[F7][F8]
2026-03-11−2,034→ 0 total
Exercise: $0.00→ Common Stock (2,034 underlying)

Footnotes (8)

[F1]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.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $962.23 to $962.87, 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 6 to this Form 4.
[F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $963.61 to $964.47 inclusive.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $967.66 to $968.63 inclusive.
[F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $968.72 to $969.51 inclusive.
[F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $969.83 to $969.92 inclusive.
[F7]Under the 2025 Annual Incentive Plan, subject to meeting performance criteria, the reporting person was eligible to receive a bonus to be paid in the form of fully-vested restricted stock units. The Compensation Committee has determined that the performance criteria were attained, and therefore 100% of the award was granted on March 11, 2026 as reported in this Form 4.
[F8]Restricted stock unit award expires upon reporting person's termination of service.

Signature

/s/ Samantha Lagocki, POA|2026-03-13

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT