CHAN MARY S sold 21.6% of their position (1.41K shares) of SBA COMMUNICATIONS CORP on the open market

Open‑market sale worth $307.7K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

CHAN MARY S

Filed: 3/4/2025ACC: 0001415889-25-006687

InsiderCHAN MARY SCIK 1641154

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

Director

Since May 2019

-1.41K

Net shares

Net seller

$307.7K

Total sold

Open market trades

0B · 1S

Total transactions

1.41K acquired · 2.82K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+1.41K

Price / share

$157.51

Trade value

$222.25K

% of position

27.5%

2/28/2025

5.13K→6.54K

Class A Common Stock

Direct

S · Sale

−1.41K

Price / share

$218.07

Trade value

$307.70K

% of position

21.6%

2/28/2025

6.54K→5.13K

Total

Net shares

+0.00

Net value

-$85.45K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	2/28/2025	M · Option Exercise	+1.41K	$157.51	$222.25K	27.5%	5.13K	6.54K
Class A Common Stock Direct	2/28/2025	S · Sale	−1.41K	$218.07	$307.70K	21.6%	6.54K	5.13K
Total			+0.00		-$85.45K

Derivative Transactions1

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

1.41K shares

−1.41K

Strike price

157.51

Held after

0.00

Exercisable

—

2/28/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Class A Common Stock1.41K shares	2/28/2025	M · Option Exercise	−1.41K	157.51	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

496.00

Shares owned

496.00

Exercise price

Expiration

—

Exercise window

—

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

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

175.00

Shares owned

175.00

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

906.00

Shares owned

906.00

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

3.08K

Owned

3.08K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	496.00	496.00
Stock Options (Right to Buy) Direct	Class A Common Stock	212.31	—	—	1.50K	1.50K
Restricted Stock Units Direct	Class A Common Stock		—	—	175.00	175.00
Restricted Stock Units Direct	Class A Common Stock		—	—	906.00	906.00
Total					3.08K	3.08K