SBA COMMUNICATIONS CORP·4

Dec 17, 6:30 PM ET

STOOPS JEFFREY 4

4 · SBA COMMUNICATIONS CORP · Filed Dec 17, 2025

Insider Transaction Report

Form 4
Period: 2025-12-16
STOOPS JEFFREY
DirectorOther
Transactions
  • Gift

    Class A Common Stock

    2025-12-169,761120,202.626 total
Holdings
  • Class A Common Stock

    (indirect: By Partnership)
    259,863
  • Stock Options (Right to Buy)

    Exercise: $182.30Exp: 2026-03-06Class A Common Stock (149,446 underlying)
    149,446
  • Restricted Stock Units

    Class A Common Stock (3,468 underlying)
    3,468
  • Performance Restricted Stock Units

    Class A Common Stock (10,404 underlying)
    10,404
  • Restricted Stock Units

    Class A Common Stock (604 underlying)
    604
  • Restricted Stock Units

    Class A Common Stock (994 underlying)
    994
Footnotes (10)
  • [F1]The Reporting Person gifted these shares to a non-profit foundation of which the Reporting Person serves as President and one of the two directors in an exempt transaction pursuant to Rule 16b-5 of the Exchange Act.
  • [F10]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.
  • [F2]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.
  • [F3]These stock options are fully vested and exercisable.
  • [F4]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  • [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).
  • [F6]Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
  • [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.
  • [F8]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.
  • [F9]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.

Documents

1 file
  • 4
    form4-12172025_061201.xmlPrimary