Saul Kredi - 20 Jan 2026 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Jan 2026, 18:30:13 UTC
Prior SEC filing
10 Mar 2025
Next SEC filing
09 Mar 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joshua Koenig, Attorney-in-Fact

Key filing fact

Saul Kredi filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 22 Jan 2026.

Key facts

  • This page summarizes Saul Kredi's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
  • 3 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 22 Jan 2026, 18:30.

Change

  • Previous filing in this sequence was filed on 10 Mar 2025.
  • Current net transaction value: -$31,624.

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 0002047753 Primary reporting owner

KREDI SAUL

Relationship
VP & Chief Accounting Officer
Address
C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON
Signature
/s/ Joshua Koenig, Attorney-in-Fact
Signature date
22 Jan 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
$1,108,384
Shares
+6,080
Change %
+104%
Price
$182.30
Shares after
11,923
Date
20 Jan 2026
Ownership
Direct
Footnotes
F1
SBAC transaction

Class A Common Stock

Tax liability

Transaction value
$1,140,008
Shares
-5,873
Change %
-49%
Price
$194.11
Shares after
6,050
Date
20 Jan 2026
Ownership
Direct
Footnotes
F2

Reported derivative securities

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

SBAC transaction Derivative

Stock Options (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-6,080
Change %
-100%
Price
$0.000000
Shares after
0
Date
20 Jan 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
6,080
Exercise price
$182.30
Footnotes
F3
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
147
Date
20 Jan 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
147
Exercise price
Footnotes
F4, F5
SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
439
Date
20 Jan 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
439
Exercise price
Footnotes
F6, F7
SBAC holding Derivative

Performance Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
439
Date
20 Jan 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
439
Exercise price
Footnotes
F6, F8
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,170
Date
20 Jan 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,170
Exercise price
Footnotes
F4, F9
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
2,451
Date
20 Jan 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,451
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

Includes 0.018 shares acquired through a dividend reinvestment plan.

Footnote F2

Shares withheld for payment of tax liability and exercise price.

Footnote F3

These options are fully vested and immediately exercisable.

Footnote F4

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

Footnote F5

These restricted stock units vest in accordance with the following schedule: 146 vest on the first and second anniversaries of the grant date and 147 vest on the third anniversary of the grant date (March 6, 2023).

Footnote F6

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

Footnote F7

These performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.

Footnote F8

The performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase (up to 200%) or decrease based on the results of the performance condition.

Footnote F9

These restricted stock units vest in accordance with the following schedule: 584 vest on the first anniversary of the grant date and 585 on the second through third anniversaries of the grant date (March 6, 2024).

Footnote F10

These restricted stock units vest in accordance with the following schedule: 817 vest on the first anniversary through third anniversaries of the grant date (March 6, 2025).

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