BERNSTEIN STEVEN E 4

4 · SBA COMMUNICATIONS CORP · Filed May 28, 2025

Form 4

Period: 2025-05-23

DirectorOther

Transactions

Award
Restricted Stock Units
2025-05-23+994→ 994 total
→ Class A Common Stock (994 underlying)

Holdings

Restricted Share Units
→ Class A Common Stock (248 underlying)
248
Class A Common Stock
(indirect: See Footnote)
56,314
Restricted Stock Units
→ Class A Common Stock (604 underlying)
604
Class A Common Stock
6,253.696
Stock Options (Right to Buy)
Exercise: $212.31Exp: 2026-05-16→ Class A Common Stock (1,501 underlying)
1,501

Footnotes (6)

[F1]These shares are held by the Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
[F2]These options are fully vested and immediately exercisable.
[F3]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
[F4]These restricted stock units vest in accordance with the following schedule: 247 vested on May 1, 2024; 248 vested on May 1, 2025; and 248 vest on May 1, 2026.
[F5]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.
[F6]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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