Kevin L. Beebe - May 1, 2025 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Stock symbol
SBAC
Transactions as of
May 1, 2025
Transactions value $
$0
Form type
4
Date filed
5/5/2025, 06:30 PM
Previous filing
Jun 18, 2024
Next filing
May 15, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BEEBE KEVIN L Director C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON /s/ Joshua Koenig, Attorney-in-Fact 2025-05-05 0001187378

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Options Exercise +175 +1.2% 14.7K May 1, 2025 Direct F1
transaction SBAC Class A Common Stock Options Exercise +248 +1.68% 15K May 1, 2025 Direct F2
transaction SBAC Class A Common Stock Options Exercise +302 +2.01% 15.3K May 1, 2025 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SBAC Restricted Stock Units Options Exercise -175 -100% 0 May 1, 2025 Class A Common Stock 175 Direct F1, F5, F6
transaction SBAC Restricted Stock Units Options Exercise -248 -50% 248 May 1, 2025 Class A Common Stock 248 Direct F2, F5, F7
transaction SBAC Restricted Stock Units Options Exercise -302 -33.33% 604 May 1, 2025 Class A Common Stock 302 Direct F3, F5, F8
holding SBAC Stock Options (Right to Buy) 1.41K May 1, 2025 Class A Common Stock 1.41K $157.51 Direct F4
holding SBAC Stock Options (Right to Buy) 1.5K May 1, 2025 Class A Common Stock 1.5K $212.31 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 1, 2025, 175 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F2 On May 1, 2025, 248 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F3 On May 1, 2025, 302 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.
F4 These stock options are fully vested and exercisable.
F5 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F6 These restricted stock units vest in accordance with the following schedule: 175 vested on May 1, 2023; 175 vested on May 1, 2024; and 175 vested on May 1, 2025.
F7 These restricted stock units vest in accordance with the following schedule: 247 vested on May 1, 2024; 248 vested on May 1, 2025; and 248 vest on May 1, 2026.
F8 These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vest on May 1, 2026; and 302 vest on May 1, 2027.