Form 4 for SBAC SBA Communications
Accepted 2025-03-06 00:00:00 ET · period of report 2025-03-04 · accession 0001415889-25-007295 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-06 | 2025-03-04 | SBAC | KREDI SAUL | VP, CAO | M - OptEx | $0.00 | +1,003 | 4,891 | +26% | $0 |
| DM | 2025-03-06 | 2025-03-04 | SBAC | KREDI SAUL | VP, CAO | F - Tax | $221.51 | -379.04 | 5,385 | -7% | -$84.0K |
| DM | 2025-03-06 | 2025-03-04 | SBAC | KREDI SAUL | VP, CAO | M - OptEx | $0.00 | -615 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-03-04 | M | A | 97 | $0.00 | 5,421.54 | D | — | — | (F4) These PSUs were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. On March 4, 2025, these PSUs partially vested based on the results of the performance condition and resulted in 97 shares of Class A Common Stock being issued. |
| 2 | Common | Class A Common Stock | 2025-03-04 | F | D | 294.25 | $221.51 | 5,324.54 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 3 | Common | Class A Common Stock | 2025-03-04 | M | A | 776 | $0.00 | 5,618.78 | D | — | — | (F3) These performance restricted stock units (PSUs) were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. These PSUs vested at 200% of target based on the results of the performance condition, such that 776 shares of Class A Common Stock vested. |
| 4 | Common | Class A Common Stock | 2025-03-04 | F | D | 48.56 | $221.51 | 4,842.78 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 5 | Common | Class A Common Stock | 2025-03-04 | M | A | 130 | $0.00 | 4,891.34 | D | — | — | (F1) Includes an aggregate of 0.009 shares acquired pursuant to the SBA Communications Corporation 2018 Employee Stock Purchase Plan. |
| 6 | Common | Class A Common Stock | 2025-03-04 | F | D | 36.23 | $221.51 | 5,385.31 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 7 | Derivative | Performance Restricted Stock Units | 2025-03-04 | M | D | 388 | $0.00 | 0 | D | — · — to — | 388 Class A Common Stock | (F9) These performance restricted stock units have a three-year performance period and to the extent earned vest on March 4, 2025. 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. (F8) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |
| 8 | Derivative | Restricted Stock Units | 2025-03-04 | M | D | 130 | $0.00 | 0 | D | — · — to — | 130 Class A Common Stock | (F6) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F7) These restricted stock units vest on March 4, 2025. |
| 9 | Derivative | Performance Restricted Stock Units | 2025-03-04 | M | D | 97 | $0.00 | 0 | D | — · — to — | 97 Class A Common Stock | (F4) These PSUs were awarded on March 4, 2022 and were subject to increase or decrease based on the results of the performance condition. On March 4, 2025, these PSUs partially vested based on the results of the performance condition and resulted in 97 shares of Class A Common Stock being issued. (F8) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F10) These performance restricted stock units have a three-year performance period and to the extent earned vest on March 4, 2025. 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. |