STOOPS JEFFREY (Chief Executive Officer & Pres) exercised options at SBA COMMUNICATIONS CORP

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

M · 1 exercise

STOOPS JEFFREY

Filed: 1/30/2025ACC: 0001415889-25-002414

InsiderSTOOPS JEFFREYCIK 1106860

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

DirectorOfficer· Chief Executive Officer & Pres

Since Aug 2018

-116.28K

Net shares

Net seller

$24.18M

Total sold

Open market trades

0B · 0S

Total transactions

137.60K acquired · 253.88K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+137.60K

Price / share

$156.50

Trade value

$21.53M

% of position

147.0%

1/28/2025

93.58K→231.18K

Class A Common Stock

Direct

F · Tax Withholding

−116.28K

Price / share

$207.94

Trade value

$24.18M

% of position

50.3%

1/28/2025

231.18K→114.90K

Total

Net shares

+21.32K

Net value

-$2.64M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	1/28/2025	M · Option Exercise	+137.60K	$156.50	$21.53M	147.0%	93.58K	231.18K
Class A Common Stock Direct	1/28/2025	F · Tax Withholding	−116.28K	$207.94	$24.18M	50.3%	231.18K	114.90K
Total			+21.32K		-$2.64M

Derivative Transactions1

Stock Options (Right to Buy)

Direct

M · Option Exercise

Converts to

Class A Common Stock

137.60K shares

−137.60K

Strike price

156.50

Held after

0.00

Exercisable

—

1/28/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Stock Options (Right to Buy) Direct	Class A Common Stock137.60K shares	1/28/2025	M · Option Exercise	−137.60K	156.50	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned259.86K

Total

259.86K indirect259.86K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	259.86K	Indirect
Total	259.86K	259.86K indirect

Derivative Holdings (Post-Transaction)8

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

8.89K

Shares owned

8.89K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

10.40K

Shares owned

10.40K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

6.94K

Shares owned

6.94K

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

2.96K

Shares owned

2.96K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

8.89K

Shares owned

8.89K

Exercise price

Expiration

—

Exercise window

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

10.40K

Shares owned

10.40K

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

149.45K

Shares owned

149.45K

Exercise price

182.30

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

198.85K

Owned

198.85K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	8.89K	8.89K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Restricted Stock Units Direct	Class A Common Stock		—	—	6.94K	6.94K
Restricted Stock Units Direct	Class A Common Stock		—	—	2.96K	2.96K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	8.89K	8.89K
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Stock Options (Right to Buy) Direct	Class A Common Stock	182.30	—	—	149.45K	149.45K
Restricted Stock Units Direct	Class A Common Stock		—	—	906.00	906.00
Total					198.85K	198.85K