Miller Simon 4
4 · EQUINIX INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Equinix (EQIX) Chief Accounting Officer Simon Miller Sells 289 Shares
What Happened
- Simon Miller, Chief Accounting Officer of Equinix, received a performance-based award (287 restricted stock units) on March 11, 2026 and the filing also shows an exercise/conversion entry for 287 derivative shares that same day. The next day (March 12, 2026) Miller sold a series of open‑market lots totaling 289 shares for aggregate proceeds of $279,096. Most or all sales were conducted under a pre‑arranged 10b5‑1 trading plan. This is a sale (routine disposition) rather than a purchase.
Key Details
- Dates: Award/exercise entries on March 11, 2026; open‑market sales on March 12, 2026; Form 4 filed March 13, 2026 (timely).
- Sales: 11 open‑market lots totaling 289 shares; total proceeds reported $279,096.
- Price range: individual trades/weighted averages reported about $957.55 to $969.80 per share (per footnotes showing the price ranges).
- Notable footnotes: sales were pursuant to a 10b5‑1 plan (F1). The RSU award was a 2025 Annual Incentive Plan award granted as fully vested after performance criteria were met (F13); the RSU award expires upon termination (F14).
- Post‑transaction holdings: not provided in the data supplied in this summary.
- Filing timeliness: Form 4 was filed the day after the sales — not reported as late.
Context
- Transaction codes: A = award/grant, M = exercise/conversion of a derivative, S = open‑market sale. The M entries indicate conversion/exercise of derivative/option/award shares; the subsequent S entries show those (and possibly additional) shares were sold. Sales executed under a 10b5‑1 plan are pre‑scheduled and are generally treated as routine dispositions, not ad hoc insider sales.
Insider Transaction Report
Form 4
EQUINIX INCEQIX
Miller Simon
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2026-03-11+287→ 7,903.559 total - Sale
Common Stock
[F1][F2]2026-03-12$958.00/sh−8$7,664→ 7,895.559 total - Sale
Common Stock
[F1][F3]2026-03-12$959.00/sh−14$13,426→ 7,881.559 total - Sale
Common Stock
[F1][F4]2026-03-12$960.13/sh−10$9,601→ 7,871.559 total - Sale
Common Stock
[F1][F5]2026-03-12$961.17/sh−23$22,107→ 7,848.559 total - Sale
Common Stock
[F1][F6]2026-03-12$962.60/sh−19$18,289→ 7,829.559 total - Sale
Common Stock
[F1][F7]2026-03-12$963.72/sh−8$7,710→ 7,821.559 total - Sale
Common Stock
[F1][F8]2026-03-12$965.34/sh−19$18,342→ 7,802.559 total - Sale
Common Stock
[F1][F9]2026-03-12$966.16/sh−18$17,391→ 7,784.559 total - Sale
Common Stock
[F1][F10]2026-03-12$967.44/sh−85$82,233→ 7,699.559 total - Sale
Common Stock
[F1][F11]2026-03-12$968.30/sh−52$50,351→ 7,647.559 total - Sale
Common Stock
[F1][F12]2026-03-12$969.14/sh−33$31,982→ 7,614.559 total - Award
Restricted Stock Unit
[F13][F14]2026-03-11+287→ 287 totalExercise: $0.00→ Common Stock (287 underlying) - Exercise/Conversion
Restricted Stock Unit
[F13][F14]2026-03-11−287→ 0 totalExercise: $0.00→ Common Stock (287 underlying)
Footnotes (14)
- [F1]Shares sold pursuant to a 10b5-1 Trading Plan.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $966.805 to $967.78 inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $967.84 to $968.77 inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $968.87 to $969.80 inclusive.
- [F13]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.
- [F14]Restricted stock unit award expires upon reporting person's termination of service.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $957.55 to $958.48, 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 12 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 $958.59 to $959.455 inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $959.625 to $960.4200 inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $960.875 to $961.59 inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $962.13 to $963.00 inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $963.395 to $964.00 inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $964.71 to $965.70 inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $965.78 to $966.74 inclusive.
Signature
/s/ Samantha Lagocki, POA|2026-03-13