Meyers Charles J 4
4 · EQUINIX INC · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Equinix (EQIX) Exec Chairman Charles J. Meyers Sells 305 Shares
What Happened
- Charles J. Meyers, Director and Executive Chairman of Equinix (EQIX), received 305 fully vested restricted stock units (RSUs) as a 2025 annual incentive award on March 11, 2026, which were converted into common shares and then sold. The 305 shares were sold on March 12, 2026 in an open-market transaction at $961.19 per share for total proceeds of approximately $293,163.
- The RSU grant was approved because performance criteria were met under the 2025 Annual Incentive Plan; the award vests immediately and was delivered/converted prior to the sale. The exercise/conversion records show $0.00 per-share cost (typical for RSU settlement).
Key Details
- Transaction dates and prices: Grant/conversion on 2026-03-11; sale on 2026-03-12 at $961.19 per share; total sale ≈ $293,163.
- Shares owned after the transaction: not provided in the supplied filing excerpt.
- Footnotes: (F1) Sale was executed pursuant to a 10b5-1 trading plan. (F2) Award was a performance-based RSU under the 2025 Annual Incentive Plan and was granted after performance criteria were met. (F3) The RSU award expires upon the reporting person’s termination of service.
- Filing: Form 4 was filed 2026-03-13 for transactions on 2026-03-11/03-12 — this appears timely (Form 4 is generally due within two business days of the reportable transaction).
Context
- These entries reflect a grant of fully vested RSUs that were converted into common shares and then sold — effectively a grant followed by a disposition, not a cash purchase (no outlay by the insider).
- The sale was executed under a pre-established 10b5-1 plan, which is a routine mechanism insiders use to sell shares according to a pre-set schedule and is not, by itself, a statement of the insider’s view on the company.
Insider Transaction Report
Form 4
EQUINIX INCEQIX
Meyers Charles J
DirectorOther
Transactions
- Exercise/Conversion
Common Stock
2026-03-11+305→ 12,899.289 total - Sale
Common Stock
[F1]2026-03-12$961.19/sh−305$293,163→ 12,594.289 total - Award
Restricted Stock Unit
[F2][F3]2026-03-11+305→ 305 totalExercise: $0.00→ Common Stock (305 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F3]2026-03-11−305→ 0 totalExercise: $0.00→ Common Stock (305 underlying)
Footnotes (3)
- [F1]Shares sold pursuant to a 10b5-1 Trading Plan.
- [F2]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.
- [F3]Restricted stock unit award expires upon reporting person's termination of service.
Signature
/s/ Samantha Lagocki, POA|2026-03-13