---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-007201"
form_type: "8-K"
ticker: "EQIX"
cik: "0001101239"
company_name: "EQUINIX INC"
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T10:38:43.065244+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Equinix adopts 2024 Annual Incentive Plan; exec bonuses in RSUs tied to revenue and AFFO/Share

## Summary
- Executive target bonuses payable entirely in fully vested RSUs to conserve cash; max payout 132% of target.
- Performance metrics: revenue (50% weight) and AFFO/Share (50% weight) based on Board-approved operating plan.
- VP+ leaders face a Strategic Modifier adjusting payout ±10% based on digital services and ESG goals.
- No bonuses paid if either revenue or AFFO/Share falls to 95% of goal or below.
- Committee retains discretion to reduce or eliminate any award.

## SEC filing metadata
- accession: 0001628280-24-007201
- form_type: 8-K
- ticker: EQIX
- cik: 0001101239
- company_name: EQUINIX INC
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1101239/000162828024007201/0001628280-24-007201-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1101239/000162828024007201/eqix-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-007201
- JSON: https://secwatch.observer/filing/0001628280-24-007201.json
- Plain text: https://secwatch.observer/filing/0001628280-24-007201.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.