George R. Krouse Jr - 01 May 2025 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Role
Director
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Issuer symbol
SBAC
Transactions as of
01 May 2025
Transactions value $
-$61,763
Form type
4
Filing time
05 May 2025, 18:30:15 UTC
Previous filing
23 Aug 2024
Next filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Krouse George R Jr Director C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON /s/ Joshua Koenig, Attorney-in-Fact 05 May 2025 0001473955

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Options Exercise +175 +2.16% 8.26K 01 May 2025 Direct F1
transaction SBAC Class A Common Stock Options Exercise +248 +3% 8.51K 01 May 2025 Direct F2
transaction SBAC Class A Common Stock Options Exercise +302 +3.55% 8.81K 01 May 2025 Direct F3
transaction SBAC Class A Common Stock Tax liability -$61.8K -254 -2.88% $243.40 8.56K 01 May 2025 Direct F4

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 01 May 2025 Class A Common Stock 175 Direct F1, F6, F7
transaction SBAC Restricted Stock Units Options Exercise -248 -50% 248 01 May 2025 Class A Common Stock 248 Direct F2, F6, F8
transaction SBAC Restricted Stock Units Options Exercise -302 -33.33% 604 01 May 2025 Class A Common Stock 302 Direct F3, F6, F9
holding SBAC Stock Options (Right to Buy) 501 01 May 2025 Class A Common Stock 501 $212.31 Direct F5
* 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 Shares withheld for tax liability.
F5 These stock options are fully vested and exercisable.
F6 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F7 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.
F8 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.
F9 These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vest on May 2026; and 302 vest on May 1, 2027.