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: Krouse George R Jr CIK: 0001473955 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: [F1] 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: 369 vest on May 1, 2027; 369 vest on May 1, 2028; and 370 vest on May 1, 2029. [F4] 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: Restricted Stock Units Ownership: D (Direct) Footnotes: [F1] Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. [F2] These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 2026; and 302 vest on May 1, 2027. [F2] These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 2026; and 302 vest on May 1, 2027. [Holding #3] Security: Restricted Stock Units Ownership: D (Direct) Footnotes: [F1] 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: 331 vested on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028. [F3] 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: Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. F2: These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 2026; and 302 vest on May 1, 2027. F3: 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: 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)