KEVIN L. BEEBE - 17 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
17 May 2025
Net transactions value
-$112
Form type
4
Filing time
20 May 2025, 18:30:05 UTC
Previous filing
15 May 2025
Next filing
28 May 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 20 May 2025 0001187378

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Options Exercise $222,247 +1,411 +9.2% $157.51 16,708 17 May 2025 Direct
transaction SBAC Class A Common Stock Tax liability $222,358 -954 -5.7% $233.08 15,754 19 May 2025 Direct F1

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 Stock Options (Right to Buy) Options Exercise $0 -1,411 -100% $0.000000 0 17 May 2025 Class A Common Stock 1,411 $157.51 Direct F2
holding SBAC Stock Options (Right to Buy) 1,501 17 May 2025 Class A Common Stock 1,501 $212.31 Direct F2
holding SBAC Restricted Stock Units 248 17 May 2025 Class A Common Stock 248 Direct F3, F4
holding SBAC Restricted Stock Units 604 17 May 2025 Class A Common Stock 604 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to cover the exercise price.
F2 These stock options are fully vested and exercisable.
F3 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F4 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.
F5 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.