Form 4 for SBAC SBA Communications
Accepted 2026-03-09 00:00:00 ET · period of report 2026-03-05 · accession 0001456823-26-000005 · 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 | 2026-03-09 | 2026-03-06 | SBAC | Montagner Marc | EVP - CFO | F - Tax | $195.69 | -1,794 | 4,596 | -28% | -$351.1K |
| DM | 2026-03-09 | 2026-03-06 | SBAC | Montagner Marc | EVP - CFO | M - OptEx | $0.00 | +4,523 | 5,412 | +509% | $0 |
| DM | 2026-03-09 | 2026-03-05 | SBAC | Montagner Marc | EVP - CFO | A - Grant | $0.00 | +17.1K | 8,561 | New | $0 |
| DM | 2026-03-09 | 2026-03-06 | SBAC | Montagner Marc | EVP - CFO | M - OptEx | $0.00 | -4,523 | 2,072 | -69% | $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 | 2026-03-06 | F | D | 978.79 | $195.69 | 6,068.51 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 2 | Common | Class A Common Stock | 2026-03-06 | M | A | 2,451 | $0.00 | 7,047.29 | D | — | — | |
| 3 | Common | Class A Common Stock | 2026-03-06 | F | D | 815.33 | $195.69 | 4,596.29 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 4 | Common | Class A Common Stock | 2026-03-06 | M | A | 2,072 | $0.00 | 5,411.63 | D | — | — | (F1) Includes 19.176 shares acquired through a dividend reinvestment plan. |
| 5 | Derivative | Restricted Stock Units | 2026-03-05 | A | A | 8,561 | $0.00 | 8,561 | D | — · — to — | 8,561 Class A Common Stock | (F3) 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: 2,853 vest on the first anniversary and 2,854 vest on the second and third anniversaries of the grant date (March 5, 2026). |
| 6 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 2,451 | $0.00 | 4,903 | D | — · — to — | 2,451 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F8) These restricted stock units vest in accordance with the following schedule: 2,451 vested on the first anniversary; 2,451 will vest on the second anniversary and 2,452 vest on the third anniversary of the grant date (March 6, 2025). |
| 7 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 2,072 | $0.00 | 2,072 | D | — · — to — | 2,072 Class A Common Stock | (F3) 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: 2,071 vested on the first anniversary; 2,072 vested on the second anniversary and 2,072 will vest on the third anniversary of the grant date (March 6, 2024). |
| 8 | Derivative | Perfomance Restricted Stock Units | 2026-03-05 | A | A | 8,561 | $0.00 | 8,561 | D | — · — to — | 8,561 Class A Common Stock | (F6) Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock. (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 best on March 5, 2029. The number of shares of Class A Common Stock that will be earned subject to decrease or increase (up to 200%) based on the results of the performance conditions. |