MORANDI BRANDI GALVIN 4

What Happened

• Brandi Morandi (Chief People Officer) sold a total of 600 shares of Equinix (EQIX) in two open-market transactions on Feb 12, 2026. She sold 300 shares at $956.44 for $286,932 and 300 shares at $975.00 for $292,500, for combined proceeds of about $579,432. These were sales (not purchases) and were executed pursuant to a pre-established 10b5-1 trading plan.

Key Details

• Transaction dates and prices:
  • 2026-02-12: 300 shares sold at $956.44 (proceeds $286,932)
  • 2026-02-12: 300 shares sold at $975.00 (proceeds $292,500)
• Total shares sold: 600; total proceeds: ~$579,432.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: F1 — shares sold pursuant to a 10b5-1 trading plan (pre-arranged schedule).
• Filing date: Form filed Feb 17, 2026 for Feb 12 transactions — Form 4s are generally due within two business days, so check the filing for timeliness details.

Context

• Sales under a 10b5-1 plan are pre-scheduled and are typically used to avoid questions about trading on nonpublic information; they are common and do not by themselves indicate a change in the insider’s view of the company. These transactions were simple open-market sales, not option exercises, gifts, or purchases.