Form 8-K · Current Report · Filed 2025-02-11
Equinix Approves 2025 Annual Incentive Plan for Executive Officers
On February 6, 2025, Equinix, Inc.'s Board of Directors' Talent, Culture and Compensation Committee approved the 2025 Annual Incentive Plan for eligible employees, including executive officers.
- Filer
- EQIX EQIX
- Filed
- Accession
- 0001628280-25-004875
- CIK
- 0001101239
- Signal
- Low impact
- Source
- Official filing on sec.gov ↗
Details
The plan allows for annual target bonus amounts to be paid in fully vested restricted stock units (RSUs) under Equinix's 2020 Equity Incentive Plan. Bonuses are determined based on performance against revenue and adjusted funds from operations per share (AFFO/Share) goals, with adjustments for strategic modifiers related to Equinix's strategic priorities. Performance against these metrics can influence bonus payouts by up to 20%. The Committee retains discretion to reduce or eliminate awards.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$943.14
Next session
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Since filing
+8.1%
Latest close
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