Lin Jonathan 4

What Happened
Jonathan Lin, Chief Business Officer of Equinix, was granted 635 fully‑vested restricted stock units (RSUs) under the 2025 Annual Incentive Plan on March 11, 2026 (footnotes F13/F14). Those units converted/ were exercised into 635 shares and the shares were sold in open‑market transactions on March 12, 2026 for aggregate proceeds of approximately $613,228. The exercise/grant entries are reported at $0 (derivative conversion/award); the cash proceeds come from the 03/12 sales.

Key Details

• Transaction dates: grant/exercise reported 2026-03-11; open‑market sales executed 2026-03-12; Form 4 filed 2026-03-13 (timely).
• Shares sold: 635 shares sold in multiple trades on 03/12 at prices shown (weighted average reporting). Total proceeds ≈ $613,228.
• Price range: reported per footnotes as roughly $957.55 to $969.80 across the multiple executions (weighted averages and sub‑ranges provided in footnotes F2–F12).
• Sales plan: these sales were made pursuant to a 10b5‑1 trading plan (footnote F1).
• Shares owned after transaction: not specified in the provided filing details.
• Notable footnotes: F13 confirms the RSU award was 100% granted after performance criteria were met; F14 notes the RSU award expires upon termination of service.

Context
This was a grant/derivative conversion followed by immediate/open‑market sales. That pattern is common for executives monetizing vested awards or covering tax obligations. The sales were executed under a pre‑arranged 10b5‑1 plan, which typically indicates trades were programmed in advance rather than ad hoc decisions. The filing appears timely (Form 4 filed within required period).