SBA director exercises options, nets routine tax withholding
SBA Communications director George R. Krouse Jr. reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
SBA Communications director George R. Krouse Jr. reported routine equity compensation activity. He exercised stock options to acquire 501 shares of Class A Common Stock at $212.31 per share, then 500 shares were withheld at $213.61 per share to cover tax liability and exercise price, rather than sold on the open market.
Following these transactions, he directly holds 8,811.636 shares of Class A Common Stock. He also holds restricted stock units representing 663 and 302 underlying shares, which vest in staged installments through 2028.
Insider Trade Summary
501 shares exercised/converted
Exercise
5 txns
Insider
Krouse George R Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 501 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 501 | $212.31 | $106K |
| Exercise Price or Tax Liability | Class A Common Stock | 500 | $213.61 | $107K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 contracts (Direct);
Class A Common Stock — 8,811.636 shares (Direct);
Restricted Stock Units — 965 contracts (Direct)
Footnotes (5)
- F1. Shares withheld for 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 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
Option exercise shares: 501 shares
Option exercise price: $212.31/share
Tax-withholding shares: 500 shares
+3 more
6 metrics
Option exercise shares
501 shares
Class A Common Stock acquired via option exercise at $212.31 on May 13, 2026
Option exercise price
$212.31/share
Exercise or conversion of derivative security into Class A Common Stock
Tax-withholding shares
500 shares
Shares withheld for payment of tax liability and exercise price at $213.61
Post-transaction holdings
8,811.636 shares
Class A Common Stock directly owned after reported transactions
RSUs underlying shares (grant 1)
663 shares
Restricted stock units each representing one share of Class A Common Stock
RSUs underlying shares (grant 2)
302 shares
Additional restricted stock units tied to vesting schedule through May 2027
Key Terms
Restricted Stock Units, Stock Options (Right to Buy), tax-withholding disposition, derivative security
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of 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
"Stock Options (Right to Buy) with a conversion or exercise price of 212.3100."
tax-withholding disposition financial
"Shares withheld for payment of tax liability and exercise price."
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.
derivative security financial
"Exercise or conversion of derivative security into Class A Common Stock."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SBA Communications (SBAC) director George R. Krouse Jr. report on this Form 4?
George R. Krouse Jr. reported exercising stock options for 501 Class A shares and a related tax-withholding share disposition. These transactions reflect routine compensation and tax events, not open-market buying or selling of SBA Communications stock.
Were the SBA Communications (SBAC) Form 4 transactions open-market sales or purchases?
The Form 4 shows no open-market sales or purchases. It reports an option exercise for 501 shares and a tax-withholding disposition of 500 shares to cover tax liability and exercise price, which is a standard non-market compensation-related transaction.
What option exercise did George R. Krouse Jr. report for SBA Communications (SBAC)?
He exercised stock options, classified as a derivative security, for 501 shares of SBA Communications Class A Common Stock at an exercise price of $212.31 per share. The related option position became fully exercised and showed zero remaining shares afterward.
What restricted stock units does George R. Krouse Jr. hold in SBA Communications (SBAC)?
He holds restricted stock units representing 663 and 302 underlying shares of Class A Common Stock. Footnotes state each unit equals one share and that these units vest in scheduled tranches from May 2025 through May 2028, subject to their vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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