George R. Krouse Jr. - 19 Dec 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
19 Dec 2025
Net transactions value
$0
Form type
4
Filing time
23 Dec 2025, 19:49:22 UTC
Previous 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 23 Dec 2025 0001473955

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBAC Class A Common Stock Gift $0 -300 -3.5% $0.000000 8,256 19 Dec 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
holding SBAC Stock Options (Right to Buy) 501 19 Dec 2025 Class A Common Stock 501 $212.31 Direct F2
holding SBAC Restricted Stock Units 248 19 Dec 2025 Class A Common Stock 248 Direct F3, F4
holding SBAC Restricted Stock Units 604 19 Dec 2025 Class A Common Stock 604 Direct F3, F5
holding SBAC Restricted Stock Units 994 19 Dec 2025 Class A Common Stock 994 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person gifted these shares to a 501(c)(3) institution in an exempt transaction pursuant to Rule 16b-5 of the Securities and Exchange Act of 1934, as amended.
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 2026; and 302 vest on May 1, 2027.
F6 These restricted stock units vest in accordance with the following schedule: 331 vest on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028.