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SBA COMMUNICATIONS CORP

SBAC

Total Value
$3.2M

Company Information

Ticker Symbol
SBAC
CIK
0001034054

Insider Information

Role
Insider
Location
BOCA RATON, FL

Filing Details

Filing Date
Feb 20, 2026
Transaction Date
Feb 18, 2026
Accession Number
0002031697-26-000002
Form Type
4

Non-Derivative Transactions

DateSecuritySharesPriceTypeValue
Feb 18, 2026Class A Common Stock5,739$182.30Exercise$1.0M
Feb 18, 2026Class A Common Stock5,367$203.12Tax Withholding$1.1M

Derivative Transactions

DateSecuritySharesExercise PriceTypeValue
Feb 18, 2026Derivative5,739$182.30Exercise$1.0M

Footnotes

  1. (F1)Includes 3.154 shares acquired through a dividend reinvestment plan.
  2. (F2)Shares withheld for payment of tax liability and exercise price.
  3. (F3)These stock options are fully vested and exercisable.
  4. (F4)Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  5. (F5)These restricted stock units vest in accordance with the following schedule: 269 vested on the first anniversary of the grant date and 270 vested on the second anniversary and 270 will vest on the third anniversary of the grant date (March 6, 2023).
  6. (F6)Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  7. (F7)These performance restricted stock units have a three-year performance period and to the extent earned will vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.
  8. (F8)These performance restricted stock units have a three-year performance period and to the extent earned will vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.
  9. (F9)These restricted stock units vest in accordance with the following schedule: 555 vested on the first anniversary and 555 will vest on the second through third anniversaries of the grant date (March 6, 2024).
  10. (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 at the end of the three-year performance period is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
  11. (F11)These restricted stock units vest in accordance with the following schedule: 456 vest on the first anniversary of the grant date and 457 vest on the second and third anniversaries of the grant date (August 1, 2024).
  12. (F12)These restricted stock units vest in accordance with the following schedule: 1,348 vest on the first and second anniversaries of the grant date and 1,349 vest on the third anniversary of the grant date (March 6, 2025).
  13. (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.

SEC Filing

View on SEC Daily

View the complete filing document on SEC Daily.