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
Dec 5, 2025
Reporting period
Not applicable
Filed with the SEC
Dec 9, 2025
OfficerOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references tax withholding
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001504654-25-000004
Filed / recorded
Dec 9, 2025, 11:30 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
Dec 5, 2025
Transaction code
M
Shares / units
215
Price per share
$0.00
Acquired / disposed
Acquired (A)
Shares owned after
37,823.6651
Ownership form
Direct
Amendment
No
Footnotes from the filing
The reported transaction involved the early vesting of Restricted Stock Units and subsequent withholding of 215 shares of Class A Common Stock issuable upon such vesting to pay tax obligations associated with the Reporting Person being retirement eligible under the Issuer's equity program.