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SBA COMMUNICATIONS CORP
SBAC
Total Value
$494.4K
Company Information
- Company Name
- SBA COMMUNICATIONS CORP
- Ticker Symbol
- SBAC
- CIK
- 0001034054
Insider Information
- Name
- CANE RICHARD M
- Role
- Insider
- Location
- BOCA RATON, FL
Filing Details
- Filing Date
- Mar 9, 2026
- Transaction Date
- Mar 5, 2026
- Accession Number
- 0001957645-26-000002
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Mar 6, 2026 | Class A Common Stock | 694 | — | Exercise | — |
| Mar 6, 2026 | Class A Common Stock | 273.089 | $195.69 | Tax Withholding | $53.4K |
| Mar 6, 2026 | Class A Common Stock | 4,162 | — | Exercise | — |
| Mar 6, 2026 | Class A Common Stock | 1,032.741 | $195.69 | Tax Withholding | $202.1K |
| Mar 6, 2026 | Class A Common Stock | 1,543 | — | Exercise | — |
| Mar 6, 2026 | Class A Common Stock | 607.17 | $195.69 | Tax Withholding | $118.8K |
| Mar 6, 2026 | Class A Common Stock | 1,920 | — | Exercise | — |
| Mar 6, 2026 | Class A Common Stock | 613.301 | $195.69 | Tax Withholding | $120.0K |
Derivative Transactions
| Date | Security | Shares | Exercise Price | Type | Value |
|---|---|---|---|---|---|
| Mar 6, 2026 | Derivative | 694 | — | Exercise | — |
| Mar 6, 2026 | Derivative | 2,081 | — | Exercise | — |
| Mar 6, 2026 | Derivative | 2,081 | — | Disposition | — |
| Mar 6, 2026 | Derivative | 1,543 | — | Exercise | — |
| Mar 6, 2026 | Derivative | 1,920 | — | Exercise | — |
| Mar 5, 2026 | Derivative | 6,717 | — | Grant/Award | — |
| Mar 5, 2026 | Derivative | 6,716 | — | Grant/Award | — |
Footnotes
- (F1)Includes 238.733 shares acquired through a dividend reinvestment plan and the SBA Communications Corporation 2018 Employee Stock Purchase Plan.
- (F2)Shares withheld for the payment of tax liability.
- (F3)As previously reported on a Form 4, the Reporting Person was awarded 2,081 performance restricted stock units ("PSUs") on March 6, 2023 which were subject to increase or decrease based on the results of the performance condition. On March 6, 2026, these PSUs vested at 200% of target based on the results of the performance condition, such that 4,162 shares of Class A Common Stock became issuable to the Reporting Person.
- (F4)Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- (F5)These restricted stock units vest in accordance with the following schedule: 693 vested on the first anniversary of the grant date and 694 vested on each of the second and third anniversaries of the grant date (March 6, 2023).
- (F6)Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock.
- (F7)The performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition.
- (F8)The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting was not met.
- (F9)The performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition.
- (F10)These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
- (F11)These restricted stock units vest in accordance to the following schedule; 1,543 vested on the first and second anniversaries and 1,543 vest on the third anniversary of the grant date (March 6, 2024).
- (F12)These restricted stock units vest in accordance to the following schedule; 1,920 vested on the first anniversary and 1,920 vest on the second through third anniversaries of the grant date (March 6, 2025).
- (F13)These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2028. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
- (F14)These restricted stock units vest in accordance with the following schedule: 2,239 vest on the first through third anniversaries of the grant date (March 5, 2026).
- (F15)These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 5, 2029. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.