Form 4 for SBAC SBA Communications
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001415889-25-007583 · 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 | 2025-03-10 | 2025-03-06 | SBAC | Cavanagh Brendan Thomas | Pres AND CEO, Dir | F - Tax | $220.38 | -2,129 | 50.0K | -4% | -$469.2K |
| DM | 2025-03-10 | 2025-03-06 | SBAC | Cavanagh Brendan Thomas | Pres AND CEO, Dir | M - OptEx | $0.00 | +5,411 | 51.6K | +12% | $0 |
| DM | 2025-03-10 | 2025-03-06 | SBAC | Cavanagh Brendan Thomas | Pres AND CEO, Dir | A - Grant | $0.00 | +37.5K | 22.5K | New | $0 |
| DM | 2025-03-10 | 2025-03-06 | SBAC | Cavanagh Brendan Thomas | Pres AND CEO, Dir | M - OptEx | $0.00 | -5,411 | 7,932 | -41% | $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 | 568.61 | $220.38 | 47,586.73 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 2 | Common | Class A Common Stock | 2025-03-06 | M | A | 1,445 | $0.00 | 48,155.34 | D | — | — | |
| 3 | Common | Class A Common Stock | 2025-03-06 | F | D | 1,560.62 | $220.38 | 49,992.11 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 4 | Common | Class A Common Stock | 2025-03-06 | M | A | 3,966 | $0.00 | 51,552.73 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2025-03-06 | A | A | 15,011 | $0.00 | 15,011 | D | — · — to — | 15,011 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F12) These restricted stock units vest in accordance with the following schedule: 5,003 vest on the first anniversary of the grant date and 5,004 vest on the second and third anniversaries of the grant dare (March 6, 2025). |
| 6 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 1,445 | $0.00 | 1,445 | D | — · — to — | 1,445 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F6) These restricted stock units units vest in accordance with the following schedule: 1,445 vest on the first through third anniversaries of the grant date (March 6, 2023). |
| 7 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 3,966 | $0.00 | 7,932 | D | — · — to — | 3,966 Class A Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F10) These restricted stock units vest in accordance with the following schedule: 3,966 vest on the first through third anniversaries of the grant date (March 6, 2024). |
| 8 | Derivative | Performance Restricted Stock Units | 2025-03-06 | A | A | 22,516 | $0.00 | 22,516 | D | — · — to — | 22,516 Class A Common Stock | (F7) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (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. |