Brandi Galvin Morandi sells 3,726 EQIX shares at $1,076.36 under 10b5-1 plan; retains 6,132 shares.
Brandi Galvin Morandi, Chief People Officer, sold 3,726 shares (37.8% of pre-transaction holdings) for $4,010,517.36 under a pre-arranged 10b5-1 trading plan, leaving her with 6,132 shares post-transaction. The transaction occurred at $1,076.36, and the current price is $1,062.74, representing -5.8% from the 52-week high of $1,128.68. This sale is part of a scheduled, non-discretionary trading plan rather than a discretionary market decision. In her prior five trades at EQIX, returns 30 days after sales ranged from +1.6% to +7.2%, and 90-day returns ranged from +11.1% to +13.1%, though as a 10b5-1 transaction, timing considerations are not applicable to this specific filing. The transaction does not signal a material shift in her commitment to the company, as she retains meaningful ownership post-sale.