Welcome to our dedicated page for Sba Communications SEC filings (Ticker: SBAC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SBA Communications Corporation (NASDAQ: SBAC) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. SBA Communications is a Florida-incorporated real estate investment trust that owns and leases wireless communications infrastructure, and its filings offer detailed insight into this tower and site leasing business.
Key documents for SBAC include Form 10-K annual reports, which describe the company’s overall business, risk factors, and financial statements, and Form 10-Q quarterly reports, which update investors on site leasing revenue, site development revenue, tower cash flow, Adjusted EBITDA, and Adjusted Funds From Operations (AFFO). These filings also provide segment information for domestic and international site leasing and discuss capital expenditures, acquisitions of communication sites, and asset sales.
SBA Communications also files Form 8-K current reports to announce material events. Recent 8-K filings have furnished press releases with quarterly financial and operational results, updated full-year guidance, and quarterly dividend declarations. These 8-Ks confirm the company’s NASDAQ Global Select Market listing under the symbol SBAC and its status as a Florida corporation.
Investors interested in capital structure and leverage can use SEC filings to review SBA Communications’ total debt, net debt to Annualized Adjusted EBITDA leverage ratios, and information about its revolving credit facility. Filings also describe stock repurchase activity and dividend payments on the company’s Class A common stock.
On Stock Titan, SBA Communications’ SEC filings are supplemented with AI-powered summaries that highlight the most important points from lengthy documents. These summaries help explain complex sections of 10-Ks, 10-Qs, and 8-Ks in plain language, allowing readers to quickly understand changes in site leasing performance, portfolio activity, guidance, and capital allocation without reading every page of the original filing.
SBA Communications Corporation announced that Mark Ciarfella, its Executive Vice President of U.S. Operations, has notified the company of his intent to retire from his current title and roles effective December 31, 2026. He will remain with the company as a non-executive employee through March 7, 2027 to support the transition of his responsibilities. This extended timetable is designed to provide continuity in U.S. operations leadership while the company manages succession and handover.
SBA Communications Corp ownership filing: The Vanguard Group filed Amendment No. 13 to a Schedule 13G/A reporting 0 shares beneficially owned and 0% of the class. The filing explains an internal realignment effective January 12, 2026 that disaggregated certain Vanguard subsidiaries’ holdings.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026. It states Vanguard and its managed accounts have rights to dividends/proceeds for reported securities but that no single other person holds more than 5% of the class.
SBA Communications president and CEO Brendan Thomas Cavanagh reported multiple equity award grants, vesting events, and related share dispositions. On March 5, 2026 he received 16,859 restricted stock units and 25,289 performance restricted stock units, each representing a contingent right to one share of Class A Common Stock.
On March 6, 2026 previously granted restricted stock units and performance restricted stock units vested, including PSUs awarded on March 6, 2023 that vested at 200% of target, making 8,670 shares of Class A Common Stock issuable. Several blocks of Class A Common Stock were disposed of at $195.69 per share to satisfy tax liabilities through share withholding, while Cavanagh’s direct Class A holdings changed through exercises and these tax-related dispositions.
The filing also notes additional indirect Class A holdings through Cavanagh Investments, LLC and Eagle SC LLC, with ownership interests held via family trusts and related entities.
SBA Communications EVP – Operations Mark R. Ciarfella reported multiple equity-compensation transactions in company securities. On March 5, 2026, he received grants of 6,717 restricted stock units and 6,716 performance restricted stock units, each representing a contingent right to one share of Class A Common Stock, with multi-year vesting and performance conditions.
On March 6, 2026, previously awarded restricted stock units and performance restricted stock units vested, including 2,144 performance units granted in 2023 that vested at 200% of target, making 4,288 shares of Class A Common Stock issuable. Several Class A Common Stock transactions coded “F” reflect shares delivered at $195.69 per share to cover exercise price or tax liabilities, and his direct Class A Common Stock holdings after these transactions were 42,820.9871 shares.
SBA Communications EVP and President – International Richard M. Cane reported multiple equity award grants, vestings, and related share conversions. On March 5, 2026, he received 6,717 restricted stock units and 6,716 performance restricted stock units, each representing a contingent right to receive one share of Class A Common Stock.
On March 6, 2026, previously granted restricted stock units and performance restricted stock units vested and were converted into Class A Common Stock, including a 2023 performance award of 2,081 PSUs that vested at 200% of target, making 4,162 shares issuable based on the performance condition. Several time-based restricted stock unit tranches of 694, 1,543, and 1,920 units also vested and converted into shares.
To cover tax liabilities, Cane had Class A Common Stock automatically withheld in multiple transactions coded “F,” totaling several hundred shares at a price of 195.6900 per share, as noted in the footnote that these shares were withheld for tax payment. After all transactions, he directly owned 12,404.064 shares of Class A Common Stock, which includes 238.733 shares acquired through a dividend reinvestment and employee stock purchase plan.
SBA Communications Executive VP and General Counsel Joshua Koenig reported multiple equity compensation events in Class A Common Stock and related units. On March 5, he received grants of 6,717 restricted stock units and 6,716 performance restricted stock units, each representing a contingent right to one share of Class A Common Stock.
Previously awarded performance restricted stock units from March 6, 2023 vested on March 6, 2026 at 200% of target, so 3,930 shares of Class A Common Stock became issuable. Other performance units were forfeited where minimum performance criteria were not met. Koenig also exercised or converted several restricted and performance units into Class A Common Stock and had shares withheld at $195.69 per share to cover tax liabilities. After these transactions, he held 10,725.639 Class A Common shares directly.
SBA Communications executive vice president and chief financial officer Marc Montagner reported several equity award transactions. On March 6, 2026, he acquired Class A Common Stock through exercises of restricted stock units and disposed of shares to cover tax liabilities at a reported price of $195.69 per share. Earlier, on March 5, 2026, he received grants of 8,561 restricted stock units and 8,561 performance restricted stock units, each representing the right to receive one Class A share, with multi‑year vesting and performance conditions that can adjust the number earned up to 200%.
SBA Communications EVP - Site Leasing Donald Day reported equity award activity and related tax withholding. On March 5, 2026, he was granted 5,005 restricted stock units and 5,005 performance restricted stock units, each representing a contingent right to one share of Class A Common Stock. On March 6, 2026, several previously granted RSU and PSU awards vested, including 809 performance RSUs from March 6, 2023 that vested at 200% of target, making 1,618 Class A shares issuable. The company withheld portions of the vested stock at $195.69 per share to cover tax liabilities. Following these exercises, conversions and withholdings, Day directly owned 9,706.031 shares of SBA Communications Class A Common Stock.
SBA Communications Corp officer Saul Kredi reported multiple equity award transactions in company stock. On March 5, 2026, he received a grant of 2,845 restricted stock units, each representing a contingent right to one share of Class A Common Stock.
On March 6, 2026, previously granted restricted and performance stock units vested and were converted into Class A Common Stock through several derivative exercises. Some shares were disposed of at $195.69 per share to cover tax liabilities, and a portion of performance units was forfeited based on performance results.
SBA Communications Corp director and chairman Jeffrey Stoops reported equity award vesting and related share movements. On March 6, 2026, 3,468 restricted stock units and 10,404 performance restricted stock units were exercised or converted into Class A Common Stock, including 20,808 shares from performance units that vested at 200% of target based on a three-year performance condition. To cover tax liabilities, 1,283.159 and 8,187.947 Class A shares were withheld at a price of $195.6900 per share, leaving 140,831.520 Class A shares held directly after the reported non-derivative transactions. Footnotes show additional restricted stock units with scheduled vesting dates and an indirect holding of 259,863 Class A shares through Calculated Risk Partners, L.P.