CIARFELLA MARK R (EVP - Operations) sold 9.5% of their position (3.54K shares) of SBA COMMUNICATIONS CORP on the open market

Open‑market sale worth $795.2K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

CIARFELLA MARK R

Filed: 12/11/2024ACC: 0001415889-24-029013

InsiderCIARFELLA MARK RCIK 1504654

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IssuerSBA COMMUNICATIONS CORPCIK 1034054

Officer· EVP - Operations

Since Nov 2018

-3.54K

Net shares

Net seller

$795.2K

Total sold

Open market trades

0B · 1S

Total transactions

3.54K acquired · 7.09K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+3.54K

Price / share

$182.30

Trade value

$646.25K

% of position

10.6%

12/9/2024

33.59K→37.13K

Class A Common Stock

Direct

S · Sale

−3.54K

Price / share

$224.33

Trade value

$795.23K

% of position

9.5%

12/9/2024

37.13K→33.59K

Total

Net shares

+0.00

Net value

-$148.98K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	12/9/2024	M · Option Exercise	+3.54K	$182.30	$646.25K	10.6%	33.59K	37.13K
Class A Common Stock Direct	12/9/2024	S · Sale	−3.54K	$224.33	$795.23K	9.5%	37.13K	33.59K
Total			+0.00		-$148.98K

Derivative Transactions1

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.54K shares

−3.54K

Strike price

182.3

Held after

0.00

Exercisable

—

12/9/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Class A Common Stock3.54K shares	12/9/2024	M · Option Exercise	−3.54K	182.3	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)8

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.14K

Shares owned

2.14K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

611.00

Shares owned

611.00

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.83K

Shares owned

1.83K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.14K

Shares owned

2.14K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.43K

Shares owned

1.43K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock units

Direct

Underlying security

Class A Common Stock

Underlying shares

4.77K

Shares owned

4.77K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

1.83K

Shares owned

1.83K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

4.77K

Shares owned

4.77K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

19.53K

Owned

19.53K

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Restricted Stock Units Direct	Class A Common Stock	—	—	2.14K	2.14K
Restricted Stock Units Direct	Class A Common Stock	—	—	611.00	611.00
Performance Restricted Stock Units Direct	Class A Common Stock	—	—	1.83K	1.83K
Performance Restricted Stock Units Direct	Class A Common Stock	—	—	2.14K	2.14K
Restricted Stock Units Direct	Class A Common Stock	—	—	1.43K	1.43K
Restricted Stock units Direct	Class A Common Stock	—	—	4.77K	4.77K
Performance Restricted Stock Units Direct	Class A Common Stock	—	—	1.83K	1.83K
Performance Restricted Stock Units Direct	Class A Common Stock	—	—	4.77K	4.77K
Total				19.53K	19.53K