SBA COMMUNICATIONS CORP (SBAC) · Insider Trading (Form 4) SEC Filing

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-05-22 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: SBA COMMUNICATIONS CORP (SBAC) CIK: 0001034054 --- Reporting Owner --- Name: BERNSTEIN STEVEN E CIK: 0001089833 Role: Director --- Derivative Transactions --- [Transaction #1] Security: Restricted Stock Units Date: 2026-05-22 | Code: A (Grant or award) Shares: +1,108 | Price: $0.00 Shares Owned After: 1,108 | Ownership: D (Direct) Footnotes: [F2] Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. [F5] These restricted stock units vest in accordance with the following schedule: 369 vest on May 1, 2027; 369 vest on May 1, 2028; and 370 vest on May 1, 2029. [F5] These restricted stock units vest in accordance with the following schedule: 369 vest on May 1, 2027; 369 vest on May 1, 2028; and 370 vest on May 1, 2029. --- Holdings --- [Holding #1] Security: Class A Common Stock Ownership: D (Direct) [Holding #2] Security: Class A Common Stock Ownership: I (Indirect) Footnotes: [F1] These shares are held by the Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest. [Holding #3] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F2] Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. [F3] These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 1, 2026; and 302 vest on May 1 2027. [F3] These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 1, 2026; and 302 vest on May 1 2027. [Holding #4] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F2] Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. [F4] These restricted stock units vest in accordance with the following schedule: 331 vested on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028. [F4] These restricted stock units vest in accordance with the following schedule: 331 vested on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028. --- Footnotes (Complete Index) --- F1: These shares are held by the Bernstein Limited Partnership II, an entity controlled, in part, by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest. F2: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. F3: These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 1, 2026; and 302 vest on May 1 2027. F4: These restricted stock units vest in accordance with the following schedule: 331 vested on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028. F5: These restricted stock units vest in accordance with the following schedule: 369 vest on May 1, 2027; 369 vest on May 1, 2028; and 370 vest on May 1, 2029. --- Signature --- /s/ /s/ Joshua Westerman, as Attorney-in-Fact (2026-05-27)