LANGER JACK exercised options at SBA COMMUNICATIONS CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 5/15/2026ACC: 0001253093-26-000004
-1.50K
Net shares
Net seller
$319.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
1.50K acquired · 3K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+1.50K
Price / share
$212.31
Trade value
$318.68K
% of position
17.3%
5/13/2026
8.70K→10.20K
Class A Common Stock
Direct
Shares
−1.50K
Price / share
$213.61
Trade value
$319.56K
% of position
14.7%
5/13/2026
10.20K→8.70K
Total
Net shares
+5.00
Net value
-$883.25
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 5/13/2026 | M · Option Exercise | +1.50K | $212.31 | $318.68K | 17.3% | 8.70K | 10.20K |
| Class A Common Stock Direct | 5/13/2026 | F · Tax Withholding | −1.50K | $213.61 | $319.56K | 14.7% | 10.20K | 8.70K |
| Total | +5.00 | -$883.25 | ||||||
Derivative Transactions1
Stock Options (Right to Buy)
Direct
Converts to
Class A Common Stock
1.50K shares
Shares
−1.50K
Strike price
212.31
Held after
0.00
Exercisable
—
5/13/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) Direct | Class A Common Stock1.50K shares | 5/13/2026 | M · Option Exercise | −1.50K | 212.31 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)1
Class A Common Stock
IndirectShares owned10.63K
Total
10.63K indirect10.63K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 10.63K | Indirect |
| Total | 10.63K | 10.63K indirect |
Derivative Holdings (Post-Transaction)2
Restricted Stock Units
DirectUnderlying security
Class A Common Stock
Underlying shares
302.00
Shares owned
302.00
Exercise price
Expiration
—
Exercise window
—
Restricted Stock Units
DirectUnderlying security
Class A Common Stock
Underlying shares
663.00
Shares owned
663.00
Exercise price
Expiration
—
Exercise window
—
Total
Underlying
965.00
Owned
965.00
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Restricted Stock Units Direct | Class A Common Stock | — | — | 302.00 | 302.00 | |
| Restricted Stock Units Direct | Class A Common Stock | — | — | 663.00 | 663.00 | |
| Total | 965.00 | 965.00 | ||||