Quick Takeaways
- This page summarizes Steven E. Bernstein's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
- 7 reported transactions and 5 derivative rows are listed below.
- Filing timestamp: 05 May 2025, 18:30.
Steven E. Bernstein - 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
- Net transactions value
- -$65,292
- Form type
- 4
- Filing time
- 05 May 2025, 18:30:20 UTC
- Previous filing
- 28 May 2024
- Next filing
- 20 May 2025
- SEC
- View on sec.gov
Quoteable Key Fact
"Steven E. Bernstein filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 05 May 2025."
What Changed
- Previous filing in this sequence was filed on 28 May 2024.
- Current net transaction value: -$65,292.
Why This Matters
- 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.
Source Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| BERNSTEIN STEVEN E | Director | C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON | /s/ Joshua Koenig, Attorney-in-Fact | 05 May 2025 | 0001089833 |
Transactions Table
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SBAC | Class A Common Stock | Options Exercise | +175 | +3.2% | 5,684 | 01 May 2025 | Direct | F1 | ||
| transaction | SBAC | Class A Common Stock | Options Exercise | +248 | +4.4% | 5,932 | 01 May 2025 | Direct | F2 | ||
| transaction | SBAC | Class A Common Stock | Options Exercise | +302 | +5.1% | 6,234 | 01 May 2025 | Direct | F3 | ||
| transaction | SBAC | Class A Common Stock | Tax liability | $65,292 | -268 | -4.3% | $243.40 | 5,966 | 01 May 2025 | Direct | F4 |
| holding | SBAC | Class A Common Stock | 56,314 | 01 May 2025 | See Footnote | F5 |
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, F7, F8 | |||
| transaction | SBAC | Restricted Share Units | Options Exercise | -248 | -50% | 248 | 01 May 2025 | Class A Common Stock | 248 | Direct | F2, F7, F9 | |||
| transaction | SBAC | Restricted Stock Units | Options Exercise | -302 | -33% | 604 | 01 May 2025 | Class A Common Stock | 302 | Direct | F3, F7, F10 | |||
| holding | SBAC | Stock Options (Right to Buy) | 1,411 | 01 May 2025 | Class A Common Stock | 1,411 | $157.51 | Direct | F6 | |||||
| holding | SBAC | Stock Options (Right to Buy) | 1,501 | 01 May 2025 | Class A Common Stock | 1,501 | $212.31 | Direct | F6 |
* 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 share 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 the payment of tax liability. |
| F5 | 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. |
| F6 | These options are fully vested and immediately exercisable. |
| F7 | Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. |
| F8 | 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. |
| F9 | 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. |
| F10 | 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. |