Abdel Raouf 4
4 · EQUINIX INC · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Equinix (EQIX) EVP Abdel Raouf Exercises/Converts 364 Shares, Sells Stock
What Happened
- Abdel Raouf, EVP, Global Operations at Equinix, converted/exercised 364 derivative awards (reported as $0 exercise) on June 1, 2026, and then sold a portion of those shares in multiple open-market transactions on June 2, 2026.
- About 158.25 shares were sold across many trades at prices roughly between $1,049 and $1,070 per share, generating total gross proceeds of approximately $167,800. The conversion left roughly 205.75 shares from this award (364 converted − ~158.25 sold). These sales were largely routine and intended to cover tax withholding tied to vesting.
Key Details
- Transaction dates: Conversion/exercise on 2026-06-01; open-market sales on 2026-06-02. Form 4 filed 2026-06-03 (timely).
- Prices: Individual sales executed across a range (~$1,049.29 to $1,070.47). Several entries report weighted-average prices with specific intra-range details in footnotes.
- Shares sold: ~158.25 shares for total proceeds ≈ $167,800.
- Shares remaining from this conversion: ~205.75 (does not include any pre-existing holdings; total post-transaction ownership not provided).
- Notable footnotes: F1 confirms many shares were sold pursuant to a 10b5‑1 trading plan to raise funds to pay required withholding tax on vested RSUs. Multiple footnotes (F2–F14) note weighted average pricing ranges for grouped trades. F15–F16 describe RSU vesting schedule and conditions.
- Filing timeliness: Report appears timely (transactions on June 1–2; filing on June 3).
Context
- Code M indicates exercise or conversion of a derivative — here consistent with RSU vesting/settlement (no cash exercise price). Because many shares were sold under a 10b5‑1 plan to cover tax withholding, these sales are routine and do not necessarily indicate a change in the insider’s view of the company.
- For retail investors: purchases by insiders are often more informative about confidence than routine sales for tax or diversification reasons.
Insider Transaction Report
Form 4
EQUINIX INCEQIX
Abdel Raouf
EVP, Global Operations
Transactions
- Exercise/Conversion
Common Stock
2026-06-01+364→ 6,092.409 total - Sale
Common Stock
[F1]2026-06-02$1049.29/sh−0.5$525→ 6,091.909 total - Sale
Common Stock
[F1][F2]2026-06-02$1052.46/sh−9$9,472→ 6,082.909 total - Sale
Common Stock
[F1][F3]2026-06-02$1053.64/sh−12$12,644→ 6,070.909 total - Sale
Common Stock
[F1][F4]2026-06-02$1054.69/sh−5$5,273→ 6,065.909 total - Sale
Common Stock
[F1][F5]2026-06-02$1056.01/sh−15$15,840→ 6,050.909 total - Sale
Common Stock
[F1][F6]2026-06-02$1056.96/sh−19$20,082→ 6,031.909 total - Sale
Common Stock
[F1][F7]2026-06-02$1058.05/sh−9$9,522→ 6,022.909 total - Sale
Common Stock
[F1][F8]2026-06-02$1058.96/sh−13$13,767→ 6,009.909 total - Sale
Common Stock
[F1][F9]2026-06-02$1060.00/sh−15.25$16,165→ 5,994.659 total - Sale
Common Stock
[F1][F10]2026-06-02$1062.16/sh−11$11,684→ 5,983.659 total - Sale
Common Stock
[F1][F11]2026-06-02$1063.23/sh−13$13,822→ 5,970.659 total - Sale
Common Stock
[F1][F12]2026-06-02$1064.90/sh−2$2,130→ 5,968.659 total - Sale
Common Stock
[F1][F13]2026-06-02$1066.55/sh−3$3,200→ 5,965.659 total - Sale
Common Stock
[F1][F14]2026-06-02$1069.20/sh−31$33,145→ 5,934.659 total - Sale
Common Stock
[F1]2026-06-02$1070.47/sh−0.5$535→ 5,934.159 total - Exercise/Conversion
Restricted Stock Unit
[F15][F16]2026-06-01−364→ 1,092 totalExercise: $0.00→ Common Stock (364 underlying)
Footnotes (16)
- [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 $1,052.095 to $1053.095, 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 14 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 $1,053.14 to $1,054.10 inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,054.33 to $1,055.315 inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,055.36 to $1,056.32 inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,056.3675 to $1,057.20 inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,057.73 to $1,058.16 inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,058.79 to $1,059.04 inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,060.00 to $1,060.58 inclusive.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,061.37 to $1,062.35 inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,062.49 to $1,063.255 inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,064.39 to $1,065.205 inclusive.
- [F13]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,066.195 to $1,067.15 inclusive.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,069.16 to $1,069.44 inclusive.
- [F15]Vesting is dependent upon continuous active service as an employee or director of the Company or a subsidiary of the Company (Service) throughout the vesting period. The Restricted Stock Units shall vest as follows: 16.67% of the RSUs vesting on June 1, 2025 and an additional 16.67% of the RSUs vesting every 6 months thereafter until fully vested.
- [F16]Restricted stock unit award expires upon reporting person's termination of service.
Signature
/s/ Samantha Lagocki, POA|2026-06-03