LEONETTI OLIVIER 4
4 · EQUINIX INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Equinix (EQIX) CFO Olivier Leonetti Receives RSU Award
What Happened
Olivier Leonetti, Chief Financial Officer of Equinix (EQIX), was granted two restricted stock unit (RSU) awards on March 16, 2026 totaling 9,000 RSUs (5,422 RSUs and 3,578 RSUs). Both grants are recorded as derivative awards with an acquisition price of $0 (no cash paid at grant). These are compensation awards that will convert to shares only if and when they vest.
Key Details
- Transaction date: March 16, 2026; Filing date: March 17, 2026 (timely filed).
- Grants: 5,422 RSUs (A, $0) and 3,578 RSUs (A, $0) — total 9,000 RSUs.
- Shares owned after transaction: Not specified in the provided filing details.
- Vesting:
- 5,422 RSUs: vest in three equal installments — 33.33% vested on March 1, 2027; additional 33.33% on March 1, 2028 and March 1, 2029 (Footnote F1).
- 3,578 RSUs: vest in three equal installments — 33.33% vested on January 15, 2027; additional 33.33% on January 15, 2028 and January 15, 2029 (Footnote F3).
- Expiration: Awards expire upon the reporting person's termination of service (Footnote F2).
- Transaction code: A = Award/Grant (derivative award).
Context
RSUs are a common form of equity compensation and do not represent immediate cash proceeds or share sales. They convert into shares only as they vest (subject to continued service), so this grant is a forward-looking compensation event rather than an active buy or sell. No inference about personal trading sentiment should be drawn from a compensation grant alone.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-03-16+5,422→ 5,422 totalExercise: $0.00→ Common Stock (5,422 underlying) - Award
Restricted Stock Unit
[F3][F2]2026-03-16+3,578→ 3,578 totalExercise: $0.00→ Common Stock (3,578 underlying)
Footnotes (3)
- [F1]Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on March 1, 2027 and an additional 33.33% of the RSUs will each vest on March 1, 2028 and March 1, 2029.
- [F2]Restricted stock unit award expires upon reporting person's termination of service.
- [F3]Vesting is dependent upon continuous active service as an employee, consultant or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 33.33% of the RSUs vested on January 15, 2027 and an additional 33.33% of the RSUs will each vest on January 15, 2028 and January 15, 2029.