Jeffrey Stoops - 06 Mar 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
09 Mar 2026, 18:30:05 UTC
Prior SEC filing
22 Jan 2026
Next SEC filing
05 May 2026
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Joshua Westerman , Attorney-in-Fact

Key filing fact

Jeffrey Stoops filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 09 Mar 2026.

Key facts

  • This page summarizes Jeffrey Stoops's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
  • 7 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 09 Mar 2026, 18:30.

Change

  • Previous filing in this sequence was filed on 22 Jan 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 0001106860 Primary reporting owner

STOOPS JEFFREY

Relationship
Director, CHAIRMAN
Address
C/O SBA COMMUNICATIONS CORPORATION, 8051 CONGRESS AVENUE, BOCA RATON
Signature
/s/ Joshua Westerman , Attorney-in-Fact
Signature date
09 Mar 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
+3,468
Change %
+2.8%
Price
$0.000000*
Shares after
129,495
Date
06 Mar 2026
Ownership
Direct
SBAC transaction

Class A Common Stock

Tax liability

Transaction value
Shares
-1,283
Change %
-0.99%
Price
$195.69*
Shares after
128,211
Date
06 Mar 2026
Ownership
Direct
Footnotes
F1
SBAC transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+20,808
Change %
+16%
Price
$0.000000*
Shares after
149,019
Date
06 Mar 2026
Ownership
Direct
Footnotes
F2
SBAC transaction

Class A Common Stock

Tax liability

Transaction value
Shares
-8,188
Change %
-5.5%
Price
$195.69*
Shares after
140,832
Date
06 Mar 2026
Ownership
Direct
Footnotes
F1
SBAC holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
259,863
Date
06 Mar 2026
Ownership
By Limited Partnership
Footnotes
F3

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
-3,468
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Mar 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
3,468
Exercise price
Footnotes
F4, F5
SBAC transaction Derivative

Performance Restricted Stock Units

Options Exercise

Transaction value
Shares
-10,404
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Mar 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,404
Exercise price
Footnotes
F2, F6, F7
SBAC transaction Derivative

Performance Restricted Stock Units

Disposed to Issuer

Transaction value
Shares
-10,404
Change %
-100%
Price
$0.000000*
Shares after
0
Date
06 Mar 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,404
Exercise price
Footnotes
F6, F8, F9
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
604
Date
06 Mar 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
604
Exercise price
Footnotes
F4, F10
SBAC holding Derivative

Restricted Stock Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
994
Date
06 Mar 2026
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
994
Exercise price
Footnotes
F4, F11
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 11 footnotes

Footnote F1

Shares withheld for payment of tax liability.

Footnote F2

As previously reported on a Form 4, the Reporting Person was awarded 10,404 performance restricted stock units ("PSUs") on March 6, 2023 which were subject to increase or decrease based on the results of the performance condition. On March 6, 2026, these PSUs vested at 200% of target based on the results of the performance condition, such that 20,808 shares of Class A Common Stock became issuable to the Reporting Person.

Footnote F3

These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein.

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: 3,468 vest on the first through third anniversaries 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 or decrease based on the results of the performance period.

Footnote F8

The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting was not met.

Footnote F9

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 or decrease based on the results of the performance period.

Footnote 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.

Footnote F11

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.

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