Form 4 for SBAC SBA Communications
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001415889-25-007580 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-10 | 2025-03-06 | SBAC | Montagner Marc | EVP - CFO | F - Tax | $220.38 | -814.94 | 2,321 | -26% | -$179.6K |
| D | 2025-03-10 | 2025-03-06 | SBAC | Montagner Marc | EVP - CFO | M - OptEx | $0.00 | +2,071 | 3,136 | +194% | $0 |
| DM | 2025-03-10 | 2025-03-06 | SBAC | Montagner Marc | EVP - CFO | A - Grant | $0.00 | +14.7K | 7,354 | New | $0 |
| D | 2025-03-10 | 2025-03-06 | SBAC | Montagner Marc | EVP - CFO | M - OptEx | $0.00 | -2,071 | 4,144 | -33% | $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 | 2025-03-06 | F | D | 814.94 | $220.38 | 2,320.93 | D | — | — | (F1) Shares withheld for the payment of tax liability. |
| 2 | Common | Class A Common Stock | 2025-03-06 | M | A | 2,071 | $0.00 | 3,135.87 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2025-03-06 | A | A | 7,354 | $0.00 | 7,354 | D | — · — to — | 7,354 Class A Common Stock | (F2) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F7) These restricted stock units vest in accordance with the following schedule: 2,451 vest on the first and second anniversaries and 2,452 vest on the third anniversary of the grant date (March 6, 2025). |
| 4 | Derivative | Performance Restricted Stock Units | 2025-03-06 | A | A | 7,354 | $0.00 | 7,354 | D | — · — to — | 7,354 Class A Common Stock | (F5) Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock. (F8) 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. |
| 5 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 2,071 | $0.00 | 4,144 | D | — · — to — | 2,071 Class A Common Stock | (F2) 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: 2,071 vest on the first anniversary and 2,072 vest on the second and third anniversaries of the grant date (March 6, 2024). |