SBA Communications plans sale of 300 shares

SBAC reported a planned sale of common stock under Form 144.

Rhea-AI Filing Summary

SBAC reported a planned sale of common stock under Form 144. A broker, Morgan Stanley Smith Barney LLC Executive Financial Services, is listed to sell 300 shares of SBAC common stock on NASDAQ, with an aggregate market value of $54,802.35 as of 08/17/2026.

The shares relate to restricted stock vesting under a registered plan on 05/01/2025, and were granted as compensation for services rendered. This is a disclosure of a potential resale of already‑issued shares, not a new share issuance by the company.

Key Figures

Shares to be sold: 300 shares Aggregate market value: $54,802.35 Sale reference date: 08/17/2026 +2 more

5 metrics

Shares to be sold 300 shares Common stock covered by the Form 144 notice

Aggregate market value $54,802.35 Value of 300 SBAC common shares as referenced for the Form 144 sale

Sale reference date 08/17/2026 Date associated with the Form 144 securities information

Vesting date 05/01/2025 Restricted stock vesting date under a registered plan

Security type Common stock Class of SBAC securities subject to the Form 144 sale

Key Terms

Form 144, restricted stock, registered plan, services rendered

4 terms

Form 144 regulatory

"reported a planned sale of common stock under Form 144"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

restricted stock financial

"Restricted Stock Vesting Under a Registered Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

registered plan financial

"Restricted Stock Vesting Under a Registered Plan"

A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.

services rendered financial

"300 | 05/01/2025 | Services Rendered"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does SBAC's recent Form 144 filing disclose?

The filing discloses a planned resale of 300 shares of SBAC common stock with an aggregate value of $54,802.35. The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services on NASDAQ, related to previously vested restricted stock.

How many SBAC shares are covered by this Form 144 notice?

The Form 144 notice covers 300 shares of SBAC common stock. These shares stem from restricted stock that vested on 05/01/2025 under a registered plan and are now eligible for resale through the listed broker.

What is the aggregate value of SBAC shares in the Form 144 filing?

The filing lists an aggregate market value of $54,802.35 for the 300 shares of SBAC common stock. This amount reflects the value tied to the planned resale as of 08/17/2026, based on the information provided.

What is the origin of the SBAC shares being sold under Form 144?

The shares originated as restricted stock granted for services rendered. They vested on 05/01/2025 under a registered equity plan, making them eligible for resale and prompting the Form 144 disclosure.

Is SBAC issuing new shares in this Form 144 transaction?

No, the Form 144 relates to a resale of existing shares, not a new issuance. The shares were previously granted as restricted stock, vested under a registered plan, and are now being reported for potential sale through the broker.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/17/2026 - 04:30 PM Accepted by SEC EDGAR 08/17/2026 - 04:30 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001473955
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	SBA COMMUNICATIONS CORPORATION
SEC File Number	001-16853
Address of Issuer	8051 Congress Avenue Boca Raton FLORIDA 33487
Phone	(561) 995-7670
Name of Person for Whose Account the Securities are To Be Sold	GEORGE R. KROUSE JR
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	300	54802.35	106088110	08/17/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/01/2025	Restricted Stock Vesting Under a Registered Plan	Issuer			300	05/01/2025	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	08/17/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ George R Krouse Jr.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)