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 disposition to the issuer 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.; The PSUs previously reported as acquired by the reporting person were forfeited because the minimum performance criteria required for vesting was not met.; 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.; These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions.