Form 4 for SBAC SBA Communications
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001415889-25-007587 · 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 | KOENIG JOSHUA | GC, EXECUTIVE VP | M - OptEx | $0.00 | +2,135 | 8,870 | +32% | $0 |
| DM | 2025-03-10 | 2025-03-06 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | F - Tax | $220.38 | -840.12 | 8,288 | -9% | -$185.1K |
| D | 2025-03-10 | 2025-03-07 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | S - Sale+OE | $224.18 | -2,209 | 6,079 | -27% | -$495.2K |
| DM | 2025-03-10 | 2025-03-06 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | A - Grant | $0.00 | +11.5K | 5,760 | New | $0 |
| DM | 2025-03-10 | 2025-03-06 | SBAC | KOENIG JOSHUA | GC, EXECUTIVE VP | M - OptEx | $0.00 | -2,135 | 655 | -77% | $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 | M | A | 655 | $0.00 | 7,647.86 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-03-06 | F | D | 257.74 | $220.38 | 7,390.12 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 3 | Common | Class A Common Stock | 2025-03-06 | M | A | 1,480 | $0.00 | 8,870.12 | D | — | — | |
| 4 | Common | Class A Common Stock | 2025-03-06 | F | D | 582.38 | $220.38 | 8,287.74 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 5 | Common | Class A Common Stock | 2025-03-07 | S | D | 2,209 | $224.18 | 6,078.74 | D | — | — | (F2) Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $224.08 to $224.30 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
| 6 | Derivative | Restricted Stock Units | 2025-03-06 | A | A | 5,760 | $0.00 | 5,760 | D | — · — to — | 5,760 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F11) 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). |
| 7 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 1,480 | $0.00 | 2,960 | D | — · — to — | 1,480 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F9) 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). |
| 8 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 655 | $0.00 | 655 | D | — · — to — | 655 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F5) 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). |
| 9 | Derivative | Performance Restricted Stock Units | 2025-03-06 | A | A | 5,760 | $0.00 | 5,760 | D | — · — to — | 5,760 Class A Common Stock | (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F12) 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. |