AI assistant
SBA COMMUNICATIONS CORP — Director's Dealing 2025
Dec 30, 2025
30276_dirs_2025-12-30_22f972ae-5edc-4e76-b662-ec1dde4199e2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SBA COMMUNICATIONS CORP (SBAC)
CIK: 0001034054
Period of Report: 2025-12-29
Reporting Person: KOENIG JOSHUA (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-12-29 | Class A Common Stock | G | 517 | — | Disposed | 5561.7350 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $182.3 | 2026-03-06 | Class A Common Stock (9121) | 9121 | Direct |
| Restricted Stock Units | $ | Class A Common Stock (655) | 655 | Direct | |
| Performance Restricted Stock Units | $ | Class A Common Stock (1965) | 1965 | Direct | |
| Performance Restricted Stock Units | $ | Class A Common Stock (1965) | 1965 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (2960) | 2960 | Direct | |
| Performance Restricted Stock Units | $ | Class A Common Stock (4440) | 4440 | Direct | |
| Restricted Stock Units | $ | Class A Common Stock (5760) | 5760 | Direct | |
| Performance Restricted Stock Units | $ | Class A Common Stock (5760) | 5760 | 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 Exchange Act of 1934, as amended.
F2: These options are fully vested and immediately 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: 655 vest on the first through third anniversaries of the grant date (March 6,2023).
F5: Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F6: These performance 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.
F7: These performance 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: These restricted stock units vest in accordance with the following schedule: 1,480 vest on the first through third anniversaries of the grant date (March 6, 2024).
F9: 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.
F10: These restricted stock units vest in accordance with the following schedule: 1,920 vest on the first through third anniversaries of the grant date (March 6, 2025).
F11: 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.