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: 3/10/2025ACC: 0001415889-25-007585

InsiderSTOOPS JEFFREYCIK 1106860

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

DirectorOfficer· Chief Executive Officer & Pres

Since Aug 2018

-1.28K

Net shares

Net seller

$282.8K

Total sold

Open market trades

0B · 0S

Total transactions

3.47K acquired · 4.75K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+3.47K

Price / share

—

Trade value

—

% of position

2.7%

3/6/2025

127.56K→131.03K

Class A Common Stock

Direct

F · Tax Withholding

−1.28K

Price / share

$220.38

Trade value

$282.78K

% of position

1.0%

3/6/2025

131.03K→129.75K

Total

Net shares

+2.18K

Net value

-$282.78K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	3/6/2025	M · Option Exercise	+3.47K	—	—	2.7%	127.56K	131.03K
Class A Common Stock Direct	3/6/2025	F · Tax Withholding	−1.28K	$220.38	$282.78K	1.0%	131.03K	129.75K
Total			+2.18K		-$282.78K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.47K shares

−3.47K

Strike price

Held after

3.47K

Exercisable

—

3/6/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock3.47K shares	3/6/2025	M · Option Exercise	−3.47K		—	3.47K

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)4

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

906.00

Shares owned

906.00

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

—

Performance Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

10.40K

Shares owned

10.40K

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

—

Total

Underlying

171.16K

Owned

171.16K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	906.00	906.00
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
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Total					171.16K	171.16K