Abdel Raouf 4

4 · EQUINIX INC · Filed Mar 13, 2026

Research Summary

AI-generated summary of this filing

Updated Mar 13, 2026

Equinix EVP Abdel Raouf Sells 584 Shares for ~$564K

What Happened

Abdel Raouf, EVP, Global Operations at Equinix (EQIX), received a 584-share restricted stock unit (RSU) award on March 11, 2026 (2025 Annual Incentive Plan). The RSUs were converted to 584 shares the same day (reported as an exercise/conversion at $0.00).
On March 12, 2026 he sold all 584 shares in multiple open-market trades for total proceeds of $563,960 (weighted average sale price ≈ $965.62 per share). These sales were made pursuant to a pre-established 10b5-1 trading plan to raise cash to pay required withholding taxes.

Key Details

Transaction dates: RSU grant and conversion on 2026-03-11; sales executed 2026-03-12; Form 4 filed 2026-03-13.
Total shares sold: 584; total proceeds: $563,960; approximate average sale price: $965.62/share.
Footnotes: sales were made under a 10b5-1 plan to cover tax withholding; price reporting uses weighted averages with per-tranche ranges provided in the filing.
Shares owned after the transactions: not specified in the excerpt of this Form 4.
Filing timeliness: Form 4 was filed the next business day (no late filing flag reported).

Context

These transactions reflect a routine post-vesting settlement and sale to cover tax obligations rather than an open-market purchase indicating a bullish signal. The conversion at $0.00 reflects RSU settlement (no exercise price). The use of a 10b5-1 plan means the sales were pre-planned and automated.

Insider Transaction Report

Form 4

Period: 2026-03-11

EQUINIX INCEQIX

Abdel Raouf

EVP, Global Operations

Transactions

Exercise/Conversion
Common Stock
2026-03-11+584→ 8,352.409 total
Sale
Common Stock
[F1][F2]
2026-03-12$958.00/sh−17$16,286→ 8,335.409 total
Sale
Common Stock
[F1][F3]
2026-03-12$959.00/sh−29$27,811→ 8,306.409 total
Sale
Common Stock
[F1][F4]
2026-03-12$960.13/sh−21$20,163→ 8,285.409 total
Sale
Common Stock
[F1][F5]
2026-03-12$961.17/sh−48$46,136→ 8,237.409 total
Sale
Common Stock
[F1][F6]
2026-03-12$962.60/sh−39$37,541→ 8,198.409 total
Sale
Common Stock
[F1][F7]
2026-03-12$963.72/sh−16$15,419→ 8,182.409 total
Sale
Common Stock
[F1][F8]
2026-03-12$965.34/sh−34$32,822→ 8,148.409 total
Sale
Common Stock
[F1][F9]
2026-03-12$966.16/sh−37$35,748→ 8,111.409 total
Sale
Common Stock
[F1][F10]
2026-03-12$967.44/sh−172$166,400→ 7,939.409 total
Sale
Common Stock
[F1][F11]
2026-03-12$968.30/sh−105$101,671→ 7,834.409 total
Sale
Common Stock
[F1][F12]
2026-03-12$969.14/sh−66$63,963→ 7,768.409 total
Award
Restricted Stock Unit
[F13][F14]
2026-03-11+584→ 584 total
Exercise: $0.00→ Common Stock (584 underlying)
Exercise/Conversion
Restricted Stock Unit
[F13][F14]
2026-03-11−584→ 0 total
Exercise: $0.00→ Common Stock (584 underlying)

Footnotes (14)

[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.
[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

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT