secwatch.observer — SEC 8-K summary
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Issuer:     EQUINIX INC (EQIX)
CIK:        0001101239
Form:       8-K
Filed at:   2026-02-12T23:59:59+00:00
Accession:  0001101239-26-000035
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equinix adopts Executive Severance Plan, amends CEO agreement, approves 2026 incentive plan
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- Severance Plan provides 12 months base+bonus for non-CIC termination; for CIC termination, 2x lump sum plus full equity vesting.
- CEO Adaire Fox-Martin's amended agreement eliminates three-year term, adds 12-month equity vesting and $10k outplacement.
- 2026 Global Annual Incentive Plan pays executive bonuses in fully vested RSUs (or cash for non-US) with max 132% of target.
- Bonus metrics: revenue (50%) and AFFO/share (50%); strategic modifier up/down 10% based on interconnection revenue and ESG goals.
- No bonuses if revenue or AFFO/share below 95% of goal; each 1% shortfall reduces pool by 20%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1101239/000110123926000035/0001101239-26-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1101239/000110123926000035/eqix-20260206.htm
  HTML page:      https://secwatch.observer/filing/0001101239-26-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer