Donald Day - 01 Aug 2026 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Reporting relationship: EVP - SITE LEASING
Issuer ticker: SBAC
Reported as of: 01 Aug 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 04 Aug 2026, 18:30:06 UTC
Prior SEC filing: 09 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Joshua Westerman, Attorney-in-Fact

Key filing fact

Donald Day filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 04 Aug 2026.

Key facts

This page summarizes Donald Day's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
3 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 04 Aug 2026, 18:30.

Change

Previous filing in this sequence was filed on 09 Mar 2026.
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 0002031697 Primary reporting owner

DAY DONALD

Relationship: EVP - SITE LEASING
Address: C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON
Signature: /s/ Joshua Westerman, Attorney-in-Fact
Signature date: 04 Aug 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: +457
Change %: +4.7%
Price: $0.000000^*
Shares after: 10,163
Date: 01 Aug 2026
Ownership: Direct

SBAC transaction

Class A Common Stock

Tax liability

Transaction value
Shares: -171
Change %: -1.7%
Price: $180.98^*
Shares after: 9,992
Date: 01 Aug 2026
Ownership: Direct
Footnotes: F1

Reported derivative securities

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

SBAC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -457
Change %: -50%
Price: $0.000000^*
Shares after: 457
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 457
Exercise price
Footnotes: F2, F6

SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 555
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 555
Exercise price
Footnotes: F2, F3

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,665
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 1,665
Exercise price
Footnotes: F4, F5

SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,697
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 2,697
Exercise price
Footnotes: F2, F7

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 4,045
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 4,045
Exercise price
Footnotes: F4, F8

SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,005
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,005
Exercise price
Footnotes: F2, F9

SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,005
Date: 01 Aug 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 5,005
Exercise price
Footnotes: F4, F10

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

Shares withheld for payment of tax liability.

Footnote F2

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

Footnote F3

These restricted stock units vest in accordance with the following schedule: 555 vested on the first and second anniversaries and 555 will vest on the third anniversary of the grant date (March 6, 2024).

Footnote F4

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

Footnote F5

These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. The number of shares of Class A Common Stock that will be earned at the end of the three-year performance period is subject to decrease or increase (up to 200%) based on the results of the performance conditions.

Footnote F6

These restricted stock units vest in accordance with the following schedule: 456 vested on the first anniversary of the grant date; 457 vested on the second anniversary and 457 vests on the third anniversary of the grant date (August 1, 2024).

Footnote F7

These restricted stock units vest in accordance with the following schedule: 1,348 vested on the first anniversary; 1,348 will vest on the second anniversary of the grant date and 1,349 vest on the third anniversary of the grant date (March 6, 2025).

Footnote F8

These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2028. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.

Footnote F9

These restricted stock units vest in accordance with the following schedule: 1,668 will vest on the first and second anniversaries and 1,669 will vest on the third anniversary of the grant date (March 5, 2026).

Footnote F10

These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 5, 2029. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. to update or revoke optional consent for future visits. For more information, see our Privacy Policy .