Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Mar 6, 2026
Reporting period
Not applicable
Filed with the SEC
Mar 9, 2026
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001504654-26-000002
Filed / recorded
Mar 9, 2026, 10:30 PM UTC
Added to OQRO
Oct 2, 2026, 12:28 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
SBA COMMUNICATIONS CORP
Issuer CIK
1034054
Ticker
SBAC
Reporting person
Mark R Ciarfella
Relationship
Officer
Officer title
EVP - OPERATIONS
Security
Class A Common Stock
Table
Non-derivative (Table I)
Transaction date
Mar 6, 2026
Transaction code
M
Shares / units
4,288
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
42,347.1151
Ownership form
Direct
Amendment
No
Footnotes from the filing
As previously reported on a Form 4, the Reporting Person was awarded 2,144 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 4,288 shares of Class A Common Stock became issuable to the Reporting Person.