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: 5/5/2025ACC: 0001415889-25-012026

InsiderSTOOPS JEFFREYCIK 1106860

→

IssuerSBA COMMUNICATIONS CORPCIK 1034054

DirectorOfficer· Chief Executive Officer & Pres

Since Aug 2018

-84.56

Net shares

Net seller

$20.6K

Total sold

Open market trades

0B · 0S

Total transactions

302.00 acquired · 386.56 disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+302.00

Price / share

—

Trade value

—

% of position

0.2%

5/1/2025

129.75K→130.05K

Class A Common Stock

Direct

F · Tax Withholding

−84.56

Price / share

$243.40

Trade value

$20.58K

% of position

0.1%

5/1/2025

130.05K→129.96K

Total

Net shares

+217.44

Net value

-$20.58K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	5/1/2025	M · Option Exercise	+302.00	—	—	0.2%	129.75K	130.05K
Class A Common Stock Direct	5/1/2025	F · Tax Withholding	−84.56	$243.40	$20.58K	0.1%	130.05K	129.96K
Total			+217.44		-$20.58K

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

302.00 shares

−302.00

Strike price

Held after

604.00

Exercisable

—

5/1/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock302.00 shares	5/1/2025	M · Option Exercise	−302.00		—	604.00

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)4

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

3.47K

Shares owned

3.47K

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

—

Total

Underlying

173.72K

Owned

173.72K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Restricted Stock Units Direct	Class A Common Stock		—	—	10.40K	10.40K
Restricted Stock Units Direct	Class A Common Stock		—	—	3.47K	3.47K
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
Total					173.72K	173.72K