Steven E. Bernstein - 01 May 2026 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Reporting relationship: Director
Issuer ticker: SBAC
Reported as of: 01 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 05 May 2026, 18:30:21 UTC
Prior SEC filing: 28 May 2025
Next SEC filing: 15 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Joshua Westerman, as Attorney-in-Fact

Key filing fact

Steven E. Bernstein filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 05 May 2026.

Key facts

This page summarizes Steven E. Bernstein's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 05 May 2026, 18:30.

Change

Previous filing in this sequence was filed on 28 May 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001089833 Primary reporting owner

BERNSTEIN STEVEN E

Relationship: Director
Address: C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON
Signature: /s/ Joshua Westerman, as Attorney-in-Fact
Signature date: 05 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SBAC transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +248
Change %: +4%
Price
Shares after: 6,502
Date: 01 May 2026
Ownership: Direct
Footnotes: F1

SBAC transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +302
Change %: +4.6%
Price
Shares after: 6,804
Date: 01 May 2026
Ownership: Direct
Footnotes: F2

SBAC transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +331
Change %: +4.9%
Price
Shares after: 7,135
Date: 01 May 2026
Ownership: Direct
Footnotes: F3

SBAC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 56,314
Date: 01 May 2026
Ownership: See Footnote
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SBAC transaction Derivative

Restricted Share Units

Options Exercise

Transaction value
Shares: -248
Change %: -100%
Price
Shares after: 0
Date: 01 May 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 248
Exercise price
Footnotes: F1, F6, F7

SBAC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -302
Change %: -50%
Price
Shares after: 302
Date: 01 May 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 302
Exercise price
Footnotes: F2, F6, F8

SBAC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -331
Change %: -33%
Price
Shares after: 663
Date: 01 May 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 331
Exercise price
Footnotes: F3, F6, F9

SBAC holding Derivative

Stock Options (Right to Buy)

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,501
Date: 01 May 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,501
Exercise price: $212.31
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

On May 1, 2026, 248 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.

Footnote F2

On May 1, 2026, 302 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.

Footnote F3

On May 1, 2026, 331 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock.

Footnote F4

These shares are held by the Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.

Footnote F5

These options are fully vested and immediately exercisable.

Footnote F6

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

Footnote 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 vested on May 1, 2026.

Footnote F8

These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 1, 2026; and 302 vest on May 1 2027.

Footnote F9

These restricted stock units vest in accordance with the following schedule: 331 vested on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1 2028.