SBAC director exercises options, updates share holdings
SBA Communications Corp director Kevin L. Beebe reported routine equity compensation activity involving stock options, tax withholding, and restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
SBA Communications Corp director Kevin L. Beebe reported routine equity compensation activity involving stock options, tax withholding, and restricted stock units. He exercised stock options for 1,501 shares of Class A Common Stock at an exercise price of $212.31 per share, and 1,492 shares of Class A Common Stock were withheld at $213.61 per share to cover the exercise price and related tax liability. After these transactions, he directly held 16,644.119 shares of Class A Common Stock. He also holds restricted stock units representing 663 and 302 underlying shares of Class A Common Stock, which vest in tranches from May 1, 2025 through May 1, 2028, with each unit representing a contingent right to receive one share.
Insider Trade Summary
1,501 shares exercised/converted
Exercise
5 txns
Insider
BEEBE KEVIN L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 1,501 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 1,501 | $212.31 | $319K |
| Exercise Price or Tax Liability | Class A Common Stock | 1,492 | $213.61 | $319K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 contracts (Direct);
Class A Common Stock — 16,644.119 shares (Direct);
Restricted Stock Units — 302 contracts (Direct);
Restricted Stock Unit — 663 contracts (Direct)
Footnotes (5)
- F1. Shares withheld for the payment of tax liability and exercise price.
- F2. These stock options are fully vested and exercisable.
- F3. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F4. 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.
- F5. 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.
Key Figures
Options exercised: 1,501 shares
Exercise price: $212.31/share
Shares withheld for taxes: 1,492 shares
+5 more
8 metrics
Options exercised
1,501 shares
Class A Common Stock acquired via option exercise on May 13, 2026
Exercise price
$212.31/share
Exercise price for stock options converted on May 13, 2026
Shares withheld for taxes
1,492 shares
Class A Common Stock withheld to cover exercise price and tax liability
Withholding price
$213.61/share
Value used for tax-withholding disposition of Class A Common Stock
Shares held after transactions
16,644.119 shares
Direct Class A Common Stock ownership following Form 4 transactions
RSUs block 1
663 units
Restricted stock units, each for one share of Class A Common Stock
RSUs block 2
302 units
Additional restricted stock units tied to Class A Common Stock
Tax-withholding shares summary
1 transaction, 1,492 shares
Tax-withholding disposition count and shares per transactionSummary
Key Terms
Restricted Stock Unit, tax-withholding disposition, stock options, Class A Common Stock, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"Transaction code F is described as payment of exercise price or tax liability by delivering securities."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
stock options financial
"These stock options are fully vested and exercisable."
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive 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.
exercise or conversion of derivative security financial
"Transaction code M is described as exercise or conversion of derivative security."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SBAC director Kevin L. Beebe report on this Form 4?
Kevin L. Beebe reported exercising stock options for 1,501 shares of Class A Common Stock and a related tax-withholding disposition of 1,492 shares. The filing also updates his holdings of restricted stock units tied to Class A Common Stock.
What was the exercise price of the SBA Communications (SBAC) stock options in this Form 4?
The stock options were exercised to acquire 1,501 shares of SBA Communications Class A Common Stock at an exercise price of $212.31 per share. These options were fully vested and exercisable according to the filing’s footnotes.
What restricted stock units does Kevin L. Beebe hold in SBA Communications (SBAC)?
He holds restricted stock units corresponding to 663 and 302 underlying shares of Class A Common Stock. Each unit equals one share and vests in scheduled tranches between May 1, 2025 and May 1, 2028, subject to the plan terms.
Do the SBA Communications (SBAC) Form 4 transactions indicate any open-market buying or selling?
The Form 4 shows a stock option exercise and tax-withholding disposition, but no open-market purchases or sales. Transaction code F reflects shares withheld for taxes and exercise costs rather than discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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