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SBA COMMUNICATIONS CORP — Director's Dealing 2025
Dec 23, 2025
30276_dirs_2025-12-23_2eb7e677-78b8-4fd0-96db-a8a6209cb569.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2025-12-19
Reporting Person: Krouse George R Jr (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-12-19 | Class A Common Stock | G | 300 | — | Disposed | 8255.6040 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $212.31 | 2026-05-16 | Class A Common Stock (501) | 501 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (248) | 248 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (604) | 604 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (994) | 994 | Direct |
Footnotes
F1: The Reporting Person gifted these shares to a 501(c)(3) institution in an exempt transaction pursuant to Rule 16b-5 of the Securities and Exchange Act of 1934, as amended.
F2: These stock options are fully vested and exercisable.
F3: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F4: These restricted stock units vest in accordance with the following schedule: 247 vested on May 1, 2024; 248 vested on May 1, 2025; and 248 vest on May 1, 2026.
F5: These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vest on May 2026; and 302 vest on May 1, 2027.
F6: These restricted stock units vest in accordance with the following schedule: 331 vest on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028.