Form 4 for SBAC SBA Communications
Accepted 2026-03-09 00:00:00 ET · period of report 2026-03-05 · accession 0002031697-26-000004 · 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 | DAY DONALD | EVP - SITE LEASING | M - OptEx | $0.00 | +3,791 | 10.2K | +59% | $0 |
| DM | 2026-03-09 | 2026-03-06 | SBAC | DAY DONALD | EVP - SITE LEASING | F - Tax | $195.69 | -1,416 | 8,862 | -14% | -$277.1K |
| DM | 2026-03-09 | 2026-03-05 | SBAC | DAY DONALD | EVP - SITE LEASING | A - Grant | $0.00 | +10.0K | 5,005 | New | $0 |
| DM | 2026-03-09 | 2026-03-06 | SBAC | DAY DONALD | EVP - SITE LEASING | M - OptEx | $0.00 | -2,982 | 555 | -84% | $0 |
| D | 2026-03-09 | 2026-03-06 | SBAC | DAY DONALD | EVP - SITE LEASING | D - Sale to Iss | $0.00 | -809 | 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 | 2026-03-06 | M | A | 555 | $0.00 | 9,068.80 | D | — | — | |
| 2 | Common | Class A Common Stock | 2026-03-06 | F | D | 604.32 | $195.69 | 8,513.80 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 3 | Common | Class A Common Stock | 2026-03-06 | M | A | 1,618 | $0.00 | 9,118.12 | D | — | — | (F2) As previously reported on a Form 4, the Reporting Person was awarded 809 performance restricted stock units ("PSUs") on March 6, 2023 which were subject to increase or decrease based on the results of the performance condition. On March 6, 2026, these PSUs vested at 200% of target based on the results of the performance condition, such that 1618 shares of Class A Common Stock became issuable to the Reporting Person. |
| 4 | Common | Class A Common Stock | 2026-03-06 | F | D | 100.85 | $195.69 | 7,500.12 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 5 | Common | Class A Common Stock | 2026-03-06 | M | A | 270 | $0.00 | 7,600.97 | D | — | — | |
| 6 | Common | Class A Common Stock | 2026-03-06 | F | D | 503.48 | $195.69 | 9,706.03 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 7 | Common | Class A Common Stock | 2026-03-06 | M | A | 1,348 | $0.00 | 10,209.51 | D | — | — | |
| 8 | Common | Class A Common Stock | 2026-03-06 | F | D | 207.29 | $195.69 | 8,861.51 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 9 | Derivative | Restricted Stock Units | 2026-03-05 | A | A | 5,005 | $0.00 | 5,005 | D | — · — to — | 5,005 Class A Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F14) These restricted stock units vest in accordance with the following schedule: 1,668 will vest on the first and second anniversaries and 1,669 will vest on the third anniversary of the grant date (March 5, 2026). |
| 10 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 1,348 | $0.00 | 2,697 | D | — · — to — | 1,348 Class A Common Stock | (F3) 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: 1,348 vested on the first anniversary; 1,348 will vest on the second anniversary of the grant date and 1,349 vest on the third anniversary of the grant date (March 6, 2025). |
| 11 | Derivative | Performance Restricted Stock Units | 2026-03-05 | A | A | 5,005 | $0.00 | 5,005 | D | — · — to — | 5,005 Class A Common Stock | (F5) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F15) 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 5, 2029. 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. |
| 12 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 270 | $0.00 | 0 | D | — · — to — | 270 Class A Common Stock | (F3) 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: 269 vested on the first anniversary of the grant date and 270 vested on the second anniversary and 270 vested on the third anniversary of the grant date (March 6, 2023). |
| 13 | Derivative | Performance Restricted Stock Units | 2026-03-06 | M | D | 809 | $0.00 | 0 | D | — · — to — | 809 Class A Common Stock | (F2) As previously reported on a Form 4, the Reporting Person was awarded 809 performance restricted stock units ("PSUs") on March 6, 2023 which were subject to increase or decrease based on the results of the performance condition. On March 6, 2026, these PSUs vested at 200% of target based on the results of the performance condition, such that 1618 shares of Class A Common Stock became issuable to the Reporting Person. (F5) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F6) These performance restricted stock units have a three-year performance period and to the extent earned will vest on March 6, 2026. 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. |
| 14 | Derivative | Performance Restricted Stock Units | 2026-03-06 | D | D | 809 | $0.00 | 0 | D | — · — to — | 809 Class A Common Stock | (F7) The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting was not met. (F5) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F8) These performance restricted stock units have a three-year performance period and to the extent earned will vest on March 6, 2026. 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. |
| 15 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 555 | $0.00 | 555 | D | — · — to — | 555 Class A Common Stock | (F3) 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: 555 vested on the first and second anniversary and 555 will vest on the third anniversaries of the grant date (March 6, 2024). |