Director Kevin Beebe adds 881 SBA Communications (NASDAQ: SBAC) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SBA Communications Corp director Kevin L. Beebe increased his direct equity holdings through routine equity compensation vesting. On May 1, 2026, a total of 881 of his restricted stock units were settled for an equal number of shares of Class A Common Stock in three tranches of 331, 302 and 248 units.
Following these settlements, Beebe directly holds 16,635.119 shares of Class A Common Stock. He also holds fully vested and exercisable stock options linked to 1,501 shares of Class A Common Stock at an exercise price of $212.31 per share, expiring on May 16, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
881 shares exercised/converted
Mixed
7 txns
Insider
BEEBE KEVIN L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 248 | $0.00 | -- |
| Exercise | Restricted Stock Units | 302 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 331 | $0.00 | -- |
| Exercise | Class A Common Stock | 248 | $0.00 | -- |
| Exercise | Class A Common Stock | 302 | $0.00 | -- |
| Exercise | Class A Common Stock | 331 | $0.00 | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Restricted Stock Unit — 663 shares (Direct, null);
Class A Common Stock — 16,002.119 shares (Direct, null);
Stock Options (Right to Buy) — 1,501 shares (Direct, null)
Footnotes (1)
- On May 1, 2026, 248 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. On May 1, 2026, 302 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. On May 1, 2026, 331 of the Reporting Person's restricted stock units were settled for an equal number of Class A Common Stock. These stock options are fully vested and exercisable. 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: 247 vested on May 1, 2024; 248 vested on May 1, 2025; and 248 vested on May 1, 2026. 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.
Key Figures
RSUs settled: 881 shares
Post-transaction holdings: 16,635.119 shares
Option exercise price: $212.31/share
+4 more
7 metrics
RSUs settled
881 shares
Restricted stock units settled into Class A Common Stock on May 1, 2026
Post-transaction holdings
16,635.119 shares
Class A Common Stock held directly after transactions
Option exercise price
$212.31/share
Exercise price for fully vested stock options
Underlying option shares
1,501 shares
Class A Common Stock underlying stock options expiring May 16, 2026
RSU tranche 1
331 units
Restricted stock units settled into common shares on May 1, 2026
RSU tranche 2
302 units
Restricted stock units settled into common shares on May 1, 2026
RSU tranche 3
248 units
Restricted stock units settled into common shares on May 1, 2026
Key Terms
Restricted Stock Unit, Stock Options (Right to Buy, Exercise or conversion of derivative security, Class A Common Stock
4 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.
Stock Options (Right to Buy financial
"Stock Options (Right to Buy) with an exercise price of 212.3100 and expiration on May 16, 2026."
Exercise or conversion of derivative security financial
"Transaction code M is described as Exercise or conversion of derivative security."
Class A Common Stock financial
"Restricted stock units were settled for an equal number 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.
FAQ
What insider activity did SBAC director Kevin L. Beebe report on this Form 4?
Kevin L. Beebe reported equity compensation activity, not open-market trading. On May 1, 2026, 881 restricted stock units converted into the same number of SBA Communications Class A Common Stock shares, reflecting routine vesting and settlement of prior awards.
What restricted stock unit activity did SBAC disclose for Kevin L. Beebe?
The filing shows 881 restricted stock units settled into an equal number of Class A Common Stock shares on May 1, 2026. These were delivered in three blocks of 331, 302 and 248 units, each unit representing a contingent right to one common share.
What stock options does SBAC director Kevin L. Beebe retain after this Form 4?
Beebe retains fully vested and exercisable stock options tied to 1,501 shares of Class A Common Stock. These options have an exercise price of $212.31 per share and an expiration date of May 16, 2026, as summarized in the derivative holdings table.