Compensation award — excluded from discretionary-purchase analysis.
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 5, 2026
Reporting period
Not applicable
Filed with the SEC
Mar 9, 2026
OfficerGrant / award
Context
Classification
grant award
Code A — grant or award
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
Performance Restricted Stock Units
Table
Derivative (Table II)
Transaction date
Mar 5, 2026
Transaction code
A
Shares / units
6,716
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
6,716
Ownership form
Direct
Amendment
No
Footnotes from the filing
Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
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 5, 2029. 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.