SBA Communications (SBAC) director receives 1,108 RSUs and holds options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wilson Amy E reported acquisition or exercise transactions in this Form 4 filing.
SBA Communications director Amy E. Wilson reported a compensation grant of 1,108 Restricted Stock Units, each representing one share of Class A Common Stock. After this award, she holds 1,701.759 Class A Common shares directly, multiple RSU tranches totaling several hundred shares, and 10,000 stock options exercisable at $224.24 per share expiring in 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Wilson Amy E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,108 | $0.00 | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,108 shares (Direct, null);
Stock Options (Right to Buy) — 10,000 shares (Direct, null);
Class A Common Stock — 1,701.759 shares (Direct, null)
Footnotes (1)
- These stock options vest in accordance with the following schedule: 2,000 vest on each of the first through fifth anniversaries of the grant date (May 25, 2023). Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. These restricted stock units vest in accordance with the following schedule: 302 vested on May 1, 2025; 302 vested on May 1, 2026; and 302 vest on May 1, 2027. These restricted stock units vest in accordance with the following schedule: 331 vested on May 1, 2026; 331 vest on May 1, 2027; and 332 vest on May 1, 2028. These restricted stock units vest in accordance with the following schedule: 369 vest on May 1, 2027; 369 vest on May 1, 2028; and 370 vest on May 1, 2029.
Key Figures
RSU grant: 1,108 units
Direct common shares: 1,701.759 shares
Existing RSUs: 663 units
+4 more
7 metrics
RSU grant
1,108 units
Restricted Stock Units granted as compensation on May 22, 2026
Direct common shares
1,701.759 shares
Class A Common Stock held directly after reported transactions
Existing RSUs
663 units
Restricted Stock Units tied to Class A Common Stock
Additional RSUs
302 units
Restricted Stock Units with scheduled vesting through May 1, 2027
Stock options
10,000 options
Options on Class A Common Stock held after transactions
Option exercise price
$224.24 per share
Strike price for 10,000 stock options expiring in 2033
Option expiration
May 25, 2033
Expiration date for 10,000 stock options
Key Terms
Restricted Stock Units, Stock Options (Right to Buy), Class A Common Stock, vesting schedule
4 terms
Restricted Stock Units financial
"The filing reports multiple Restricted Stock Units that convert into Class A Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Options (Right to Buy) financial
"The insider holds Stock Options (Right to Buy) 10,000 shares at $224.24."
Class A Common Stock financial
"Each restricted stock unit represents a right to one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting schedule financial
"Footnotes describe a vesting schedule with portions vesting annually from 2025 to 2029."
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What insider transaction did SBA Communications (SBAC) report for Amy E. Wilson?
SBA Communications reported that director Amy E. Wilson received a grant of 1,108 Restricted Stock Units. These RSUs are a form of equity compensation, each representing a contingent right to one share of Class A Common Stock, vesting over several future dates.
What Restricted Stock Unit awards are disclosed for SBA Communications (SBAC) director Amy E. Wilson?
The filing shows a new award of 1,108 Restricted Stock Units plus existing RSU positions of 663 and 302 units. Footnotes describe staggered vesting schedules, with specific portions vesting on May 1 in 2025, 2026, 2027, 2028, and 2029, subject to continued service.
What stock options for SBA Communications (SBAC) does Amy E. Wilson hold?
Amy E. Wilson holds 10,000 stock options to buy SBA Communications Class A Common Stock at an exercise price of $224.24 per share. These options vest in five equal annual installments of 2,000 options each and expire on May 25, 2033 if not exercised.
How do the Restricted Stock Units for SBA Communications (SBAC) vest over time?
The filing explains that various RSU grants vest in installments on May 1 across multiple years. For example, one award vests 302 units annually in 2025, 2026, and 2027, while other grants vest in tranches between 2026 and 2029, assuming vesting conditions are satisfied.