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 · 2 exercises

STOOPS JEFFREY

Filed: 3/6/2025ACC: 0001415889-25-007302

InsiderSTOOPS JEFFREYCIK 1106860

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

DirectorOfficer· Chief Executive Officer & Pres

Since Aug 2018

-8.10K

Net shares

Net seller

$1.79M

Total sold

Open market trades

0B · 0S

Total transactions

20.75K acquired · 28.85K disposed

Non-Derivative Transactions4

Class A Common Stock

Direct

M · Option Exercise

+2.96K

Price / share

—

Trade value

—

% of position

2.6%

3/4/2025

114.90K→117.87K

Class A Common Stock

Direct

F · Tax Withholding

−1.10K

Price / share

$221.51

Trade value

$243.01K

% of position

0.9%

3/4/2025

117.87K→116.77K

Class A Common Stock

Direct

M · Option Exercise

+17.79K

Price / share

—

Trade value

—

% of position

15.2%

3/4/2025

116.77K→134.56K

Class A Common Stock

Direct

F · Tax Withholding

−7K

Price / share

$221.51

Trade value

$1.55M

% of position

5.2%

3/4/2025

134.56K→127.56K

Total

Net shares

+12.66K

Net value

-$1.79M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	3/4/2025	M · Option Exercise	+2.96K	—	—	2.6%	114.90K	117.87K
Class A Common Stock Direct	3/4/2025	F · Tax Withholding	−1.10K	$221.51	$243.01K	0.9%	117.87K	116.77K
Class A Common Stock Direct	3/4/2025	M · Option Exercise	+17.79K	—	—	15.2%	116.77K	134.56K
Class A Common Stock Direct	3/4/2025	F · Tax Withholding	−7K	$221.51	$1.55M	5.2%	134.56K	127.56K
Total			+12.66K		-$1.79M

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.96K shares

−2.96K

Strike price

Held after

0.00

Exercisable

—

3/4/2025

Performance Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

8.89K shares

−8.89K

Strike price

Held after

0.00

Exercisable

—

3/4/2025

Performance Restricted Stock Units

Direct

D · Disposition

Converts to

Class A Common Stock

8.89K shares

−8.89K

Strike price

Held after

0.00

Exercisable

—

3/4/2025

Security	Converts To	Date	Type	Shares	Exercisable
Restricted Stock Units Direct	Class A Common Stock2.96K shares	3/4/2025	M · Option Exercise	−2.96K	—
Performance Restricted Stock Units Direct	Class A Common Stock8.89K shares	3/4/2025	M · Option Exercise	−8.89K	—
Performance Restricted Stock Units Direct	Class A Common Stock8.89K shares	3/4/2025	D · Disposition	−8.89K	—

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)5

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

—

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

—

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

906.00

Shares owned

906.00

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

178.10K

Owned

178.10K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options (Right to Buy) Direct	Class A Common Stock	182.30	—	—	149.45K	149.45K
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
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Restricted Stock Units Direct	Class A Common Stock		—	—	906.00	906.00
Total					178.10K	178.10K