PAISLEY CHRISTOPHER B 4

What Happened

• Christopher B. Paisley, a director of Equinix, Inc. (EQIX), received a grant of 241 restricted stock units (RSUs) on May 13, 2026.
• The RSUs were reported as an award (transaction code A) at a $0.00 acquisition price (no cash paid at grant). As a derivative award, these RSUs convert to common shares only upon vesting.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-14 (timely within required reporting window).
• Award amount: 241 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: F1 — RSUs vest on the earlier of (i) May 13, 2027 or (ii) the date of the Company’s regular stockholder meeting in the calendar year after the grant if the director does not stand for re‑election, provided continuous service through vesting. F2 — The RSU award expires upon the reporting person’s termination of service.
• Transaction type: grant/award of derivative securities (RSUs), not an open‑market purchase or sale.

Context

• RSUs are a form of compensation that become actual shares only after vesting; they do not require an immediate cash outlay by the recipient. Such awards are routine for directors and executives and do not by themselves indicate a buy/sell signal.
• Because the award vests over time and can expire if service ends, the economic benefit depends on continued service and future share price at vesting.