March 6, 2026 · Form 4 insider transaction
CANE RICHARD M sold 2,081 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.
Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock.; As previously reported on a Form 4, the Reporting Person was awarded 2,081 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 4,162 shares of Class A Common Stock became issuable to the Reporting Person.; The 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 condition.