BERNSTEIN STEVEN E

PrivateCIK: 1089833

Location

BOCO RATON, FL

BERNSTEIN STEVEN E exercised options at SBA COMMUNICATIONS CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

BERNSTEIN STEVEN E

Filed: 5/5/2025ACC: 0001415889-25-012027

InsiderBERNSTEIN STEVEN ECIK 1089833

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

DirectorOther

Since Mar 2019

-268.25

Net shares

Net seller

$65.3K

Total sold

0

Open market trades

0B · 0S

7

Total transactions

725.00 acquired · 993.25 disposed

Non-Derivative Transactions4

Class A Common Stock

Direct

M · Option Exercise

Shares

+175.00

Price / share

—

Trade value

—

% of position

3.2%

5/1/2025

5.51K→5.68K

Class A Common Stock

Direct

M · Option Exercise

Shares

+248.00

Price / share

—

Trade value

—

% of position

4.4%

5/1/2025

5.68K→5.93K

Class A Common Stock

Direct

M · Option Exercise

Shares

+302.00

Price / share

—

Trade value

—

% of position

5.1%

5/1/2025

5.93K→6.23K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−268.25

Price / share

$243.40

Trade value

$65.29K

% of position

4.3%

5/1/2025

6.23K→5.97K

Total

Net shares

+456.75

Net value

-$65.29K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	5/1/2025	M · Option Exercise	+175.00	—	—	3.2%	5.51K	5.68K
Class A Common Stock Direct	5/1/2025	M · Option Exercise	+248.00	—	—	4.4%	5.68K	5.93K
Class A Common Stock Direct	5/1/2025	M · Option Exercise	+302.00	—	—	5.1%	5.93K	6.23K
Class A Common Stock Direct	5/1/2025	F · Tax Withholding	−268.25	$243.40	$65.29K	4.3%	6.23K	5.97K
Total			+456.75		-$65.29K

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

175.00 shares

Shares

−175.00

Strike price

Held after

0.00

Exercisable

—

5/1/2025

Restricted Share Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

248.00 shares

Shares

−248.00

Strike price

Held after

248.00

Exercisable

—

5/1/2025

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

302.00 shares

Shares

−302.00

Strike price

Held after

604.00

Exercisable

—

5/1/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock175.00 shares	5/1/2025	M · Option Exercise	−175.00		—	0.00
Restricted Share Units Direct	Class A Common Stock248.00 shares	5/1/2025	M · Option Exercise	−248.00		—	248.00
Restricted Stock Units Direct	Class A Common Stock302.00 shares	5/1/2025	M · Option Exercise	−302.00		—	604.00

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned56.31K

Total

56.31K indirect56.31K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	56.31K	Indirect
Total	56.31K	56.31K indirect

Derivative Holdings (Post-Transaction)2

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

1.50K

Shares owned

1.50K

Exercise price

212.31

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

1.41K

Shares owned

1.41K

Exercise price

157.51

Expiration

—

Exercise window

—

Total

Underlying

2.91K

Owned

2.91K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (Right to Buy) Direct	Class A Common Stock	212.31	—	—	1.50K	1.50K
Stock Options (Right to Buy) Direct	Class A Common Stock	157.51	—	—	1.41K	1.41K
Total					2.91K	2.91K

BERNSTEIN STEVEN E — Insider Transaction (Form 4) Filed May 5, 2025 | Finecho