STOOPS JEFFREY sold SBAC
March 6, 2026 · Form 4 insider transaction
STOOPS JEFFREY sold 10,404 shares of SBA Communications Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.; As previously reported on a Form 4, the Reporting Person was awarded 10,404 performance restricted stock units ("PSUs") on March 6, 2023 which were subject to increase or decrease based on the results of the performance condition. On March 6, 2026, these PSUs vested at 200% of target based on the results of the performance condition, such that 20,808 shares of Class A Common Stock became issuable to the Reporting Person.; These performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance period.