Form 4 for SBAC SBA Communications
Accepted 2026-03-09 00:00:00 ET · period of report 2026-03-05 · accession 0002047753-26-000004 · 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 | KREDI SAUL | VP, CAO | M - OptEx | $0.00 | +2,537 | 7,017 | +57% | $0 |
| DM | 2026-03-09 | 2026-03-06 | SBAC | KREDI SAUL | VP, CAO | F - Tax | $195.69 | -1,013 | 6,139 | -14% | -$198.1K |
| DM | 2026-03-09 | 2026-03-06 | SBAC | KREDI SAUL | VP, CAO | M - OptEx | $0.00 | -2,098 | 0 | -100% | $0 |
| D | 2026-03-09 | 2026-03-05 | SBAC | KREDI SAUL | VP, CAO | A - Grant | $0.00 | +2,845 | 2,845 | New | $0 |
| D | 2026-03-09 | 2026-03-06 | SBAC | KREDI SAUL | VP, CAO | D - Sale to Iss | $0.00 | -329.25 | 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 | 109.75 | $0.00 | 6,766.79 | D | — | — | (F3) As previously reported on a Form 4, the Reporting Person was awarded 439 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 25% of target based on the results of the performance condition, such that 109.75 shares of Class A Common Stock became issuable to the Reporting Person. |
| 2 | Common | Class A Common Stock | 2026-03-06 | F | D | 43.19 | $195.69 | 6,723.60 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 3 | Common | Class A Common Stock | 2026-03-06 | M | A | 585 | $0.00 | 7,308.60 | D | — | — | |
| 4 | Common | Class A Common Stock | 2026-03-06 | M | A | 147 | $0.00 | 6,196.69 | D | — | — | |
| 5 | Common | Class A Common Stock | 2026-03-06 | F | D | 321.49 | $195.69 | 7,573.92 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 6 | Common | Class A Common Stock | 2026-03-06 | M | A | 817 | $0.00 | 7,895.41 | D | — | — | |
| 7 | Common | Class A Common Stock | 2026-03-06 | F | D | 230.20 | $195.69 | 7,078.41 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 8 | Common | Class A Common Stock | 2026-03-06 | F | D | 359.81 | $195.69 | 6,657.04 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 9 | Common | Class A Common Stock | 2026-03-06 | M | A | 878 | $0.00 | 7,016.85 | D | — | — | (F2) As previously reported on a Form 4, the Reporting Person was awarded 439 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 878 shares of Class A Common Stock became issuable to the Reporting Person. |
| 10 | Common | Class A Common Stock | 2026-03-06 | F | D | 57.84 | $195.69 | 6,138.85 | D | — | — | (F1) Shares withheld for payment of tax liability. |
| 11 | Derivative | Performance Restricted Stock Units | 2026-03-06 | M | D | 109.75 | $0.00 | 329.25 | D | — · — to — | 109.75 Class A Common Stock | (F3) As previously reported on a Form 4, the Reporting Person was awarded 439 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 25% of target based on the results of the performance condition, such that 109.75 shares of Class A Common Stock became issuable to the Reporting Person. (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F8) The performance restricted stock units have a three-year performance period and to the extent earned 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. |
| 12 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 817 | $0.00 | 1,634 | D | — · — to — | 817 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: 817 vested on the first anniversary and 817 will vest on the second and third anniversaries of the grant date (March 6, 2025). |
| 13 | Derivative | Restricted Stock Units | 2026-03-05 | A | A | 2,845 | $0.00 | 2,845 | D | — · — to — | 2,845 Class A Common Stock | (F4) 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: 948 vest on the first and second anniversary of the grant date and 949 vest on the third anniversary of the grant date (March 5, 2026). |
| 14 | Derivative | Performance Restricted Stock Units | 2026-03-06 | D | D | 329.25 | $0.00 | 0 | D | — · — to — | 329.25 Class A Common Stock | (F9) As previously reported on a Form 4, the Reporting Person was awarded 439 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 25% based on the results of the performance condition, such that 109.75 of the 439 PSUs became issuable to the Reporting Person and the remaining 329.25 were forfeited. (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F8) The performance restricted stock units have a three-year performance period and to the extent earned 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 | 585 | $0.00 | 585 | D | — · — to — | 585 Class A Common Stock | (F4) 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: 584 vest on the first anniversary and 585 on the second anniversary of the grant date and 585 on the third anniversaries of the grant date (March 6, 2024). |
| 16 | Derivative | Performance Restricted Stock Units | 2026-03-06 | M | D | 439 | $0.00 | 0 | D | — · — to — | 439 Class A Common Stock | (F2) As previously reported on a Form 4, the Reporting Person was awarded 439 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 878 shares of Class A Common Stock became issuable to the Reporting Person. (F6) Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. (F7) These performance restricted stock units have a three-year performance period and to the extent earned 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. |
| 17 | Derivative | Restricted Stock Units | 2026-03-06 | M | D | 147 | $0.00 | 0 | D | — · — to — | 147 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: 146 vest on the first and second anniversaries of the grant date and 147 vested on the third anniversary of the grant date (March 6, 2023). |