Filing Details
- Accession Number:
- 0001415889-25-007587
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-03-10 18:30:21
- Reporting Period:
- 2025-03-06
- Filing Date:
- 2025-03-10
- Accepted Time:
- 2025-03-10 18:30:21
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1034054 | Sba Communications Corp | SBAC | Real Estate Investment Trusts (6798) | 650716501 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1957644 | Joshua Koenig | C/O Sba Communications Corporation 8051 Congress Avenue Boca Raton FL 33487 | Executive Vp/General Counsel | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2025-03-06 | 655 | $0.00 | 7,648 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2025-03-06 | 258 | $220.38 | 7,390 | No | 4 | F | Direct | |
| Class A Common Stock | Acquisiton | 2025-03-06 | 1,480 | $0.00 | 8,870 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2025-03-06 | 582 | $220.38 | 8,288 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2025-03-07 | 2,209 | $224.18 | 6,079 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2025-03-06 | 655 | $0.00 | 655 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2025-03-06 | 1,480 | $0.00 | 1,480 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2025-03-06 | 5,760 | $0.00 | 5,760 | $0.00 |
| Class A Common Stock | Performance Restricted Stock Units | Acquisiton | 2025-03-06 | 5,760 | $0.00 | 5,760 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 655 | No | 4 | M | Direct | ||
| 2,960 | No | 4 | M | Direct | ||
| 5,760 | No | 4 | A | Direct | ||
| 5,760 | No | 4 | A | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Stock Options (Right to Buy) | $182.30 | 2026-03-06 | 9,121 | 9,121 | Direct | |
| Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,965 | 1,965 | Direct | ||
| Class A Common Stock | Performance Restricted Stock Units | $0.00 | 1,965 | 1,965 | Direct | ||
| Class A Common Stock | Performance Restricted Stock Units | $0.00 | 4,440 | 4,440 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2026-03-06 | 9,121 | 9,121 | Direct |
| 1,965 | 1,965 | Direct | |
| 1,965 | 1,965 | Direct | |
| 4,440 | 4,440 | Direct |
Footnotes
- Shares withheld for payment of tax liability.
- Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $224.08 to $224.30 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- These options are fully vested and immediately exercisable.
- Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- These restricted stock units vest in accordance with the following schedule: 655 vest on the first through third anniversaries of the grant date (March 6,2023).
- Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- These performance 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 condition.
- These performance 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 condition.
- These restricted stock units vest in accordance with the following schedule: 1,480 vest on the first through third anniversaries of the grant date (March 6, 2024).
- 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.
- These restricted stock units vest in accordance with the following schedule: 1,920 vest on the first through third anniversaries of the grant date (March 6, 2025).
- 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.
Billionaire Hedge Funds
