MONTAGNER MARC

PrivateCIK: 1456823

Location

BOCA RATON, FL

MONTAGNER MARC (EVP - CHIEF FINANCIAL OFFICER) exercised options at SBA COMMUNICATIONS CORP

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

M · 1 exercise

MONTAGNER MARC

Filed: 10/20/2026ACC: 0001456823-26-000012

InsiderMONTAGNER MARCCIK 1456823

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

Officer· EVP - CHIEF FINANCIAL OFFICER

Since Mar 2026

-624.88

Net shares

Net seller

$116.9K

Total sold

0

Open market trades

0B · 0S

3

Total transactions

1.59K acquired · 2.21K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

Shares

+1.59K

Price / share

—

Trade value

—

% of position

25.6%

10/17/2026

6.20K→7.78K

Class A Common Stock

Direct

F · Tax Withholding

Shares

−624.88

Price / share

$187.06

Trade value

$116.89K

% of position

8.0%

10/17/2026

7.78K→7.16K

Total

Net shares

+963.12

Net value

-$116.89K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	10/17/2026	M · Option Exercise	+1.59K	—	—	25.6%	6.20K	7.78K
Class A Common Stock Direct	10/17/2026	F · Tax Withholding	−624.88	$187.06	$116.89K	8.0%	7.78K	7.16K
Total			+963.12		-$116.89K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

1.59K shares

Shares

−1.59K

Strike price

Held after

0.00

Exercisable

—

10/17/2026

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock1.59K shares	10/17/2026	M · Option Exercise	−1.59K		—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

4.90K

Shares owned

4.90K

Exercise price

Expiration

—

Exercise window

—

Perfomance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

8.56K

Shares owned

8.56K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.07K

Shares owned

2.07K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

6.21K

Shares owned

6.21K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

7.35K

Shares owned

7.35K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

8.56K

Shares owned

8.56K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

37.67K

Owned

37.67K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	4.90K	4.90K
Perfomance Restricted Stock Units Direct	Class A Common Stock		—	—	8.56K	8.56K
Restricted Stock Units Direct	Class A Common Stock		—	—	2.07K	2.07K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	6.21K	6.21K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	7.35K	7.35K
Restricted Stock Units Direct	Class A Common Stock		—	—	8.56K	8.56K
Total					37.67K	37.67K

MONTAGNER MARC — Insider Transaction (Form 4) Filed Oct 20, 2026 | Finecho