X0609 4 2026-10-17 0001034054 SBA COMMUNICATIONS CORP SBAC 0001456823 Montagner Marc false C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 false true false false EVP - CHIEF FINANCIAL OFFICER 0 Class A Common Stock 2026-10-17 4 M 0 1588 0 A 7783.951 D Class A Common Stock 2026-10-17 4 F 0 624.878 187.06 D 7159.073 D Restricted Stock Units 2026-10-17 4 M 0 1588 0 D Class A Common Stock 1588 0 D Restricted Stock Units Class A Common Stock 2072 2072 D Performance Restricted Stock Units Class A Common Stock 6215 6215 D Restricted Stock Units Class A Common Stock 4903 4903 D Performance Restricted Stock Units Class A Common Stock 7354 7354 D Restricted Stock Units Class A Common Stock 8561 8561 D Perfomance Restricted Stock Units Class A Common Stock 8561 8561 D Includes 127.443 shares acquired through a dividend reinvestment plan. Shares withheld for payment of tax liability. 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: 1,588 vested on each of the first and second anniversaries and 1,588 vested on the third anniversary of the grant date (October 17, 2023). These restricted stock units vest in accordance with the following schedule: 2,071 vested on the first anniversary; 2,072 vested on the second anniversary and 2,072 will vest on the third anniversary of the grant date (March 6, 2024). Each performance restricted stock unit represents a contingent right to received one share of Class A Common Stock. These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2027. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions. These restricted stock units vest in accordance with the following schedule: 2,451 vested on the first anniversary; 2,451 will vest on the second anniversary and 2,452 will vest on the third anniversary of the grant date (March 6, 2025). These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will vest on March 6, 2028. The number of shares of Class A Common Stock that will be earned is subject to decrease or increase (up to 200%) based on the results of the performance conditions. These restricted stock units vest in accordance with the following schedule: 2,853 vest on the first anniversary and 2,854 vest on the second and third anniversaries of the grant date (March 5, 2026). These performance restricted stock units will be earned based upon the Issuer's performance on each of three different financial metrics during the three-year performance period. Once earned, the performance restricted stock units will best on March 5, 2029. The number of shares of Class A Common Stock that will be earned subject to decrease or increase (up to 200%) based on the results of the performance conditions. /s/ Joshua Westerman, Attorney-in-Fact 2026-10-20