X0508 4 2025-12-05 0001034054 SBA COMMUNICATIONS CORP SBAC 0001504654 Ciarfella Mark R C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 false true false false EVP - OPERATIONS 0 Class A Common Stock 2025-12-05 4 M 0 215 0 A 37823.6651 D Class A Common Stock 2025-12-05 4 F 0 215 190 D 37608.6651 D Restricted Stock Units Class A Common Stock 715 715 D Performance Restricted Stock Units Class A Common Stock 2144 2144 D Performance Restricted Stock Units Class A Common Stock 2144 2144 D Restricted Stock units Class A Common Stock 3063 3063 D Performance Restricted Stock Units Class A Common Stock 4771 4771 D Restricted Stock Units 2025-12-05 4 M 0 215 0 D Class A Common Stock 215 5545 D Performance Restricted Stock Units Class A Common Stock 5760 5760 D The reported transaction involved the early vesting of Restricted Stock Units and subsequent withholding of 215 shares of Class A Common Stock issuable upon such vesting to pay tax obligations associated with the Reporting Person being retirement eligible under the Issuer's equity program. 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: 714 vest on the first anniversary of the grant date and 715 vest on the second and third anniversary of the grant date (March 6, 2023). Each performance restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition. The performance restricted stock units have a three-year performance period and to the extent earned vest on March 6, 2026. The number of shares of Class A Common Stock that will be earned is subject to increase or decrease based on the results of the performance condition. These restricted stock units vest on the first through third anniversary of the grant date (March 6, 2024). 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 at the end of the three-year performance period is subject to decrease or increase (up to 200%) based on the results of the performance conditions. These restricted stock units will vest in accordance with the following schedule: 1,848 vest on the first and third anniversaries of the grant date and 1,849 vest on the second 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. /s/ Joshua Koenig, Attorney-in-Fact 2025-12-09