SEC Form 4 · accession 0002031697-26-000006
SBA COMMUNICATIONS CORP · SBAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Day
Officer — EVP - SITE LEASING
Period of report
Aug 1, 2026
Accepted (ET)
Aug 4, 2026 · 6:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001034054
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Aug 1, 2026 | M | 457 | $0.00 | A | 10,163 | D | |
| Class A Common StockF1 | Aug 1, 2026 | F | 171 | $180.98 | D | 9,992 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F6 | — | Aug 1, 2026 | M | 457 | D | — | — | Class A Common Stock | 457 | 457 | D |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Class A Common Stock | 555 | 555 | D |
| Performance Restricted Stock UnitsF4,F5 | — | holding | — | — | — | — | — | Class A Common Stock | 1,665 | 1,665 | D |
| Restricted Stock UnitsF2,F7 | — | holding | — | — | — | — | — | Class A Common Stock | 2,697 | 2,697 | D |
| Performance Restricted Stock UnitsF4,F8 | — | holding | — | — | — | — | — | Class A Common Stock | 4,045 | 4,045 | D |
| Restricted Stock UnitsF2,F9 | — | holding | — | — | — | — | — | Class A Common Stock | 5,005 | 5,005 | D |
| Performance Restricted Stock UnitsF4,F10 | — | holding | — | — | — | — | — | Class A Common Stock | 5,005 | 5,005 | D |
Explanation of responses
- F1Shares withheld for payment of tax liability.
- F10These 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.
- F2Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F3These 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).
- F4Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F5These 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.
- F6These 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).
- F7These 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).
- F8These 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.
- F9These 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).