Key facts
- This page summarizes Marc Montagner's Form 4 filing for SBA COMMUNICATIONS CORP (SBAC).
- 8 reported transactions and 7 derivative rows are listed below.
- Accepted by SEC: 09 Mar 2026, 18:30.
Marc Montagner - 05 Mar 2026 Form 4 Insider Report for SBA COMMUNICATIONS CORP (SBAC)
- Reporting relationship
- EVP - CHIEF FINANCIAL OFFICER
- Issuer ticker
- SBAC
- Reported as of
- 05 Mar 2026
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Mar 2026, 18:30:12 UTC
- Prior SEC filing
- 05 Jan 2026
- Next SEC filing
- 31 Mar 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Joshua Westerman, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Marc Montagner filed Form 4 for SBA COMMUNICATIONS CORP (SBAC) on 09 Mar 2026.
Change
- Previous filing in this sequence was filed on 05 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001456823
Primary reporting owner
Montagner Marc
- Relationship
- EVP - CHIEF FINANCIAL OFFICER
- 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
- +2,072
- Change %
- +62%
- Price
- $0.000000*
- Shares after
- 5,412
- Date
- 06 Mar 2026
- Ownership
- Direct
- Footnotes
- F1
SBAC
transaction
Class A Common Stock
Tax liability
- Transaction value
- Shares
- -815
- Change %
- -15%
- Price
- $195.69*
- Shares after
- 4,596
- Date
- 06 Mar 2026
- Ownership
- Direct
- Footnotes
- F2
SBAC
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +2,451
- Change %
- +53%
- Price
- $0.000000*
- Shares after
- 7,047
- Date
- 06 Mar 2026
- Ownership
- Direct
SBAC
transaction
Class A Common Stock
Tax liability
- Transaction value
- Shares
- -979
- Change %
- -14%
- Price
- $195.69*
- Shares after
- 6,069
- Date
- 06 Mar 2026
- Ownership
- Direct
- Footnotes
- F2
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
- -2,072
- Change %
- -50%
- Price
- $0.000000*
- Shares after
- 2,072
- Date
- 06 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,072
- Exercise price
- Footnotes
- F3, F5
SBAC
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -2,451
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 4,903
- Date
- 06 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 2,451
- Exercise price
- Footnotes
- F3, F8
SBAC
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- Shares
- +8,561
- Change %
- Price
- $0.000000*
- Shares after
- 8,561
- Date
- 05 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,561
- Exercise price
- Footnotes
- F3, F10
SBAC
transaction
Derivative
Perfomance Restricted Stock Units
Award
- Transaction value
- Shares
- +8,561
- Change %
- Price
- $0.000000*
- Shares after
- 8,561
- Date
- 05 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 8,561
- Exercise price
- Footnotes
- F6, F11
SBAC
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,588
- Date
- 05 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,588
- Exercise price
- Footnotes
- F3, F4
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,215
- Date
- 05 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,215
- Exercise price
- Footnotes
- F6, F7
SBAC
holding
Derivative
Performance Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 7,354
- Date
- 05 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 7,354
- Exercise price
- Footnotes
- F6, F9
* 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
Includes 19.176 shares acquired through a dividend reinvestment plan.
Footnote F2
Shares withheld for payment of tax liability.
Footnote F3
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
Footnote F4
These restricted stock units vest in accordance with the following schedule: 1,588 vested on each of the first and second anniversaries and 1,588 vests on the third anniversary of the grant date (October 17, 2023).
Footnote F5
These restricted stock units vest in accordance with the following schedule: 2,071 vested on the first anniversary; 2,072 vested on the second anniversary and 2,072 will vest on the third anniversary of the grant date (March 6, 2024).
Footnote F6
Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock.
Footnote F7
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 is subject to decrease or increase (up to 200%) based on the results of the performance conditions.
Footnote F8
These restricted stock units vest in accordance with the following schedule: 2,451 vested on the first anniversary; 2,451 will vest on the second anniversary and 2,452 vest on the third anniversary of the grant date (March 6, 2025).
Footnote F9
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 F10
These restricted stock units vest in accordance with the following schedule: 2,853 vest on the first anniversary and 2,854 vest on the second and third anniversaries of the grant date (March 5, 2026).
Footnote F11
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 best on March 5, 2029. The number of shares of Class A Common Stock that will be earned subject to decrease or increase (up to 200%) based on the results of the performance conditions.