Sba Communications (SBAC)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-08-17 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 --- Non-Derivative Transactions --- [Transaction #1] Security: Class A Common Stock Date: 2026-08-17 | Code: S (Open market sale) Shares: -300 | Price: $182.67 Total Value: $54,802.35 Shares Owned After: 8,511.636 | Ownership: D (Direct) Footnotes: [F1] Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $182.49 to $182.78 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security hold of the issuer full information regarding the number of shares sold at each separate price. --- Holdings --- [Holding #1] 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 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 2026; and 302 vest on May 1, 2027. [Holding #2] 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. [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. [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. --- Footnotes (Complete Index) --- F1: Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transactions ranges from $182.49 to $182.78 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security hold of the issuer full information regarding the number of shares sold at each separate price. 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 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 (2026-08-19)