SBA Communications (NASDAQ: SBAC) grants director 1,108 RSUs
Rhea-AI Filing Summary
Krouse George R Jr reported acquisition or exercise transactions in this Form 4 filing.
SBA Communications Corp director George R. Jr. Krouse reported updated equity holdings. On May 22, 2026, he received a grant of 1,108 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock at a stated price of 0.0000 per share.
These 1,108 RSUs vest in three installments of 369, 369 and 370 units on May 1, 2027, May 1, 2028 and May 1, 2029, respectively. The filing also shows he directly holds 8,811.636 shares of Class A Common Stock and has other RSU awards outstanding that vest in tranches of 302 and 331–332 units between 2025 and 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Krouse George R Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,108 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,073 shares (Direct);
Class A Common Stock — 8,811.636 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2. 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.
- F3. 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.
- F4. 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
New RSU grant: 1,108 Restricted Stock Units
Exercise price of RSUs: 0.0000 per unit
Common shares held: 8,811.636 shares
+5 more
8 metrics
New RSU grant
1,108 Restricted Stock Units
Grant to director George R. Jr. Krouse on May 22, 2026
Exercise price of RSUs
0.0000 per unit
Conversion or exercise price for reported RSUs
Common shares held
8,811.636 shares
Class A Common Stock held directly after transactions
2027–2029 RSU vesting
369 / 369 / 370 units
New RSU grant vesting May 1, 2027–2029
2025–2027 RSU tranches
302 / 302 / 302 units
RSUs vesting May 1, 2025, 2026 and 2027
2026–2028 RSU tranches
331 / 331 / 332 units
RSUs vesting May 1, 2026, 2027 and 2028
Outstanding RSUs (set 1)
663 underlying shares
Restricted Stock Units tied to Class A Common Stock
Outstanding RSUs (set 2)
302 underlying shares
Additional Restricted Stock Units tied to Class A Common Stock
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vest, +1 more
5 terms
Restricted Stock Units financial
"These restricted stock units vest in accordance with the following schedule"
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.
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"These restricted stock units vest in accordance with the following schedule"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
underlying security financial
"underlying_security_title: "Class A Common Stock""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SBA Communications (SBAC) director George R. Jr. Krouse report in this Form 4?
He reported an updated snapshot of his equity holdings, including a new grant of 1,108 Restricted Stock Units. The filing also details his direct ownership of 8,811.636 Class A Common shares and multiple RSU awards vesting over several future dates.
How many Restricted Stock Units did SBAC grant to director George R. Jr. Krouse?
He received a grant of 1,108 Restricted Stock Units. Each unit represents a contingent right to receive one share of SBA Communications Class A Common Stock, giving him additional equity-based compensation that will vest over a multi‑year schedule from 2027 through 2029.
What is the vesting schedule for the 1,108 new RSUs reported by SBAC director Krouse?
The 1,108 RSUs vest in three installments: 369 units on May 1, 2027, 369 units on May 1, 2028, and 370 units on May 1, 2029. This staggered vesting structure ties his compensation to longer‑term company performance and continued service.
What other RSU awards and vesting dates are disclosed for SBAC director Krouse?
The filing lists RSU awards vesting in 302‑share tranches on May 1 of 2025, 2026 and 2027, and 331‑331‑332‑share tranches on May 1 of 2026, 2027 and 2028. These create a series of future equity deliveries tied to his ongoing service.
What does each Restricted Stock Unit represent for SBAC director George R. Jr. Krouse?
Each Restricted Stock Unit represents a contingent right to receive one share of SBA Communications Class A Common Stock. The units have an exercise or conversion price of 0.0000, meaning no additional cash payment is required when they vest into shares.