
Insider and congress filings
SBA Communications Corporation (SBAC)
NASDAQ · Real Estate · 284 insider transactions · 86 congress trades · last filed 6 days agoS&P 500
About SBA Communications Corporation
from the company's filings and listing, as of Oct 25, 2026- Exchange
- NASDAQ
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Chief executive
- Brendan Thomas Cavanagh
- Employees
- 1,844
- Listed since
- Jun 16, 1999
- Market value
- $19.6B
- Price to earnings (12 mo)
- 19.8
- Net income per share, as reported (12 mo)
- $9.35
- Dividend yield
- 2.63%
Earnings
6 reported quarters · next on Nov 2, 2026| Quarter | EPS | EPS expected | Revenue | Revenue expected | Result |
|---|---|---|---|---|---|
| Q2 FY2026reported Aug 3, 2026 | $1.87 | $1.85 | $715.3M | $706.0M | EPS in line, GAAPRevenue in line |
| Q1 FY2026reported Apr 29, 2026 | $1.74 | $1.78 | $703.4M | $696.2M | EPS miss, GAAPRevenue in line |
| Q4 FY2025reported Feb 26, 2026 | $3.47 | $3.89 | $719.6M | $725.8M | EPS miss, GAAPRevenue in line |
| Q3 FY2025reported Nov 3, 2025 | $3.32 | $3.04 | $732.3M | $714.1M | EPS beatRevenue beat |
| Q2 FY2025reported Aug 4, 2025 | $2.09 | $3.12 | $699.0M | $701.0M | EPS miss, GAAPRevenue in line |
| Q1 FY2025reported Apr 28, 2025 | $1.77 | $3.12 | $664.2M | $662.3M | EPS missRevenue in line |
Actual against the consensus estimate at the time. A flag marks a beat or a miss of more than 1.5% either way; inside that band the quarter is in line. A flag marked GAAP compares a GAAP figure the company reported with an adjusted consensus, two different measures, so a one-time gain or charge can move it either way. A flag reads n/a only when a number is missing. Quarterly EPS is the figure set against the consensus, usually adjusted, so the quarters need not add up to the 12-month net income per share above. An estimate is a forecast made by analysts, not a company target.
Executive pay
as filed for fiscal 2025 · proxy filed Apr 9, 2026| Executive | Salary | Stock awards | Other | Total |
|---|---|---|---|---|
| Brendan T. CavanaghPresident and Chief Executive Officer | $955K | $8.6M | $1.8M | $11.4M |
| Marc MontagnerExecutive Vice President and Chief Financial Officer | $665K | $3.4M | $703K | $4.7M |
| Joshua M. KoenigExecutive Vice President, Chief Administrative Officer & General Counsel | $560K | $2.6M | $623K | $3.8M |
| Richard M. CaneExecutive Vice President and President - International | $560K | $2.6M | $600K | $3.8M |
| Mark R. CiarfellaExecutive Vice President - U.S. Operations | $560K | $2.6M | $594K | $3.8M |
The summary compensation table from the proxy statement for fiscal 2025, with titles as filed then. Executives who have since left are not shown. Read the filing
Institutional holders
13F positions as of Jun 30, 2026| Holder | Value | Shares | Shares vs prior qtr | % of shares out |
|---|---|---|---|---|
| Dodge & Cox | $2.2B | 12,323,254 | +2.0% | 11.63% |
| BlackRock, Inc. | $1.8B | 10,138,749 | +0.2% | 9.57% |
| Vanguard Portfolio Management LLC | $1.7B | 9,817,059 | +1.1% | 9.27% |
| Vanguard Capital Management LLC | $1.2B | 6,936,972 | +0.2% | 6.55% |
| State Street Corp | $903.3M | 5,119,264 | +3.2% | 4.84% |
| Cohen & Steers, Inc. | $573.1M | 3,247,729 | +3.7% | 3.07% |
| Geode Capital Management, LLC | $558.4M | 3,175,913 | +0.8% | 3.00% |
| JPMorgan Chase & Co. | $485.9M | 2,707,005 | -30.8% | 2.56% |
| Invesco Ltd. | $341.4M | 1,934,968 | -1.5% | 1.83% |
| Deutsche Bank AG | $319.8M | 1,812,200 | +278.2% | 1.71% |
| Charles Schwab Investment Management Inc | $301.8M | 1,710,278 | +8.4% | 1.61% |
| Dimensional Fund Advisors LP | $284.3M | 1,611,278 | -0.1% | 1.52% |
A 13F reports long US equity positions and is filed within 45 days of the quarter end, so these are positions as they stood on Jun 30, 2026. For a manager's whole book see the fund directory. What a 13F covers and leaves out is explained in our guide to Form 13F.
Open-market insider trades
1 filing shown · newest filing first| Insider | Action | Shares | Price | Value | Trade date | Delay (business days) |
|---|---|---|---|---|---|---|
| George R. Krouse Jr.Director | Sold | 300 | $182.67 | $55K | Aug 17, 2026filed Aug 19, 2026 | 2d |
One row is one filing, newest filing first. A filing that reported its trade in several tranches is summed, priced at the weighted average, and marked with its line count. The delay counts business days from the trade to the filing, the unit of Form 4's two business day deadline: weekends and federal holidays are skipped. How the filing itself works is explained in our guide to Form 4.
Other Form 4 activity (20)
| Insider | Event | Shares | Date |
|---|---|---|---|
| Marc MontagnerEVP - Chief Financial Officer | Tax withholding | 625 | Oct 17, 2026 |
| Marc MontagnerEVP - Chief Financial Officer | Option exercise | 1,588 | Oct 17, 2026 |
| Donald DayEVP - Site Leasing | Tax withholding | 171 | Aug 1, 2026 |
| Donald DayEVP - Site Leasing | Option exercise | 457 | Aug 1, 2026 |
| Jack LangerDirector | Stock award | 1,108 | May 22, 2026 |
| George R. Krouse Jr.Director | Stock award | 1,108 | May 22, 2026 |
| Kevin L. BeebeDirector | Stock award | 1,108 | May 22, 2026 |
| Mary S. ChanDirector | Stock award | 1,108 | May 22, 2026 |
| Jay LeCoryelle JohnsonDirector | Stock award | 1,108 | May 22, 2026 |
| Laurie BowenDirector | Stock award | 1,108 | May 22, 2026 |
| Amy E. WilsonDirector | Stock award | 1,108 | May 22, 2026 |
| Jeffrey StoopsDirector | Stock award | 1,108 | May 22, 2026 |
| Steven E. BernsteinDirector | Stock award | 1,108 | May 22, 2026 |
| Steven E. BernsteinDirector | Tax withholding | 1,496 | May 13, 2026 |
| Steven E. BernsteinDirector | Option exercise | 1,501 | May 13, 2026 |
| Kevin L. BeebeDirector | Tax withholding | 1,492 | May 13, 2026 |
| Kevin L. BeebeDirector | Option exercise | 1,501 | May 13, 2026 |
| Jack LangerDirector | Tax withholding | 1,496 | May 13, 2026 |
| Jack LangerDirector | Option exercise | 1,501 | May 13, 2026 |
| George R. Krouse Jr.Director | Tax withholding | 500 | May 13, 2026 |
Awards, option exercises, shares withheld to cover tax and gifts all file on the same form as a purchase or a sale. None of them is a decision to trade, so they sit here rather than beside the ones that are.
Congress trades in SBAC
20 disclosures of 86 on record · median 26d of the 45 allowedSince the trade: the stock's move from the trade date to the latest close we hold (figures as of Oct 25, 2026), not the member's result. Not investment advice.
| Member | Type | Action | Amount disclosed | Stock since the trade | Trade date | Disclosed | Delay |
|---|---|---|---|---|---|---|---|
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +1.5%S&P 500 +2.4% · -0.9 pts vs S&P 500 | Jul 20, 2026 | Aug 7, 2026 | 18d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | +7.4%S&P 500 +15.6% · -8.1 pts vs S&P 500 | Mar 23, 2026 | Apr 7, 2026 | 15d |
| Gilbert Ray Cisneros, Jr. | Stock | Sale | $1,001 - $15,000 | +2.0%After the saleS&P 500 +9.4% · -7.5 pts vs S&P 500 | Jan 9, 2026 | Feb 13, 2026 | 35d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -1.7%After the saleS&P 500 +9.5% · -11.2 pts vs S&P 500 | Jan 13, 2026 | Feb 6, 2026 | 24d |
| Ro Khanna | Stock | Sale | $15,001 - $50,000 | -0.3%After the saleS&P 500 +10.3% · -10.5 pts vs S&P 500 | Jan 22, 2026 | Feb 6, 2026 | 15d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -0.3%After the saleS&P 500 +10.3% · -10.5 pts vs S&P 500 | Jan 22, 2026 | Feb 6, 2026 | 15d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -1.3%After the saleS&P 500 +10.2% · -11.5 pts vs S&P 500 | Jan 23, 2026 | Feb 6, 2026 | 14d |
| Gilbert Ray Cisneros, Jr. | Stock | Purchase | $1,001 - $15,000 | -8.4%S&P 500 +11.2% · -19.6 pts vs S&P 500 | Nov 12, 2025 | Dec 15, 2025 | 33d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | -4.5%S&P 500 +11.2% · -15.7 pts vs S&P 500 | Nov 3, 2025 | Dec 8, 2025 | 35d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | -2.0%S&P 500 +13.6% · -15.6 pts vs S&P 500 | Oct 7, 2025 | Nov 6, 2025 | 30d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | -6.4%S&P 500 +10.9% · -17.2 pts vs S&P 500 | Oct 27, 2025 | Nov 6, 2025 | 10d |
| Lisa C. McClainSpouse | Stock | Purchase | $1,001 - $15,000 | -7.4%S&P 500 +15.6% · -22.9 pts vs S&P 500 | Sep 11, 2025 | Oct 22, 2025 | 41d |
| Lisa C. McClainSpouse | Stock | Sale | $1,001 - $15,000 | -5.5%After the saleS&P 500 +15.2% · -20.6 pts vs S&P 500 | Sep 25, 2025 | Oct 22, 2025 | 27d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | -6.6%S&P 500 +17.4% · -24.0 pts vs S&P 500 | Sep 5, 2025 | Oct 3, 2025 | 28d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -15.6%After the saleS&P 500 +17.8% · -33.4 pts vs S&P 500 | Aug 26, 2025 | Sep 9, 2025 | 14d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -22.6%After the saleS&P 500 +23.0% · -45.6 pts vs S&P 500 | Jul 1, 2025 | Aug 7, 2025 | 37d |
| Jefferson Shreve | Stock | Sale | $50,001 - $100,000 | -19.6%After the saleS&P 500 +30.4% · -49.9 pts vs S&P 500 | May 12, 2025 | Jun 22, 2025 | 41d |
| Ro Khanna | Stock | Purchase | $1,001 - $15,000 | -21.5%S&P 500 +27.8% · -49.3 pts vs S&P 500 | May 19, 2025 | Jun 10, 2025 | 22d |
| Julie JohnsonJoint | Stock | Sale | $1,001 - $15,000 | -16.2%After the saleS&P 500 +35.4% · -51.6 pts vs S&P 500 | Apr 1, 2025 | May 14, 2025 | 43d |
| Ro Khanna | Stock | Sale | $1,001 - $15,000 | -19.3%After the saleS&P 500 +44.4% · -63.7 pts vs S&P 500 | Apr 17, 2025 | May 12, 2025 | 25d |
Since the trade is an estimate, set beside the S&P 500 over the same window, with the gap between the two in percentage points. The filing carries a band, not a fill, and a sale keeps the stock's sign, so a positive figure after a sale means the stock kept rising after it. An option row carries the underlying stock's move. A row marked n/a is one we hold no figure for.
A delay above 45 days is the gap between the dates on the report; we mark a filing late only after checking it.
"Not captured" means the band or the transaction type on the original report is missing from our data.
"Dates conflict" marks a row whose disclosure is dated before its trade on the record we hold. Both dates are printed as filed, and no since-the-trade figure is computed from them.
Every Congress trade in SBAC, filterable by party, chamber, type and account.
Members of Congress reporting a position
1 member · estimate, as of Oct 24, 20261 member reports a position (estimated). The largest estimated position is in the $15,001 - $50,000 band.
| Member | Party, chamber | Estimated position | Share of their portfolio |
|---|---|---|---|
| Robert Bresnahan | Republican · House | $15,001 - $50,000 | 0.3% |
Estimate, as of Oct 24, 2026. Each position is modelled from the member's disclosed transactions and annual filings: the midpoint of each disclosed band, moved with the stock's price since the trade. It is a rough estimate of a reported position, not a figure from a filing, which is why it is shown as a band. Share of portfolio sets that estimate against the member's whole estimated public-stock portfolio.
Questions
Are insiders buying or selling SBAC?
Across the one open-market filing shown here, 0 were purchases and 1 was a sale.
Which members of Congress have traded SBAC?
Ro Khanna, Gilbert Ray Cisneros, Jr., Lisa C. McClain, Jefferson Shreve and Julie Johnson disclosed SBAC transactions in the filings shown here.
Which members of Congress hold SBAC?
1 member of Congress reports a position in SBAC in the estimate we hold as of Oct 24, 2026. The estimated position belongs to Robert Bresnahan. The estimate is built from disclosed transactions and annual filings, so it is shown as a band rather than a figure from a filing.
Is SBAC in the S&P 500 or the Nasdaq 100?
SBA Communications Corporation is a current member of the S&P 500, per the membership list we hold as of Oct 26, 2026. Current members of either index get a page here whatever their filing history.
How quickly are SBAC trades disclosed?
Insider filings on this page reached the public a median of 2 business days after the transaction (weekends and federal holidays skipped), against the two business days Form 4 allows. Congressional disclosures took a median of 26 days, against the 45 the STOCK Act allows.
How to read a Form 4
A DECISION THE INSIDER MADE
COMPENSATION PLUMBING
Congress rows disclose a value range rather than an exact amount, and the STOCK Act allows up to 45 days to report. Full sourcing and the limits of this data are on the methodology page. A filing is a record of a transaction, not a signal, and nothing here is investment advice.
Data as of Oct 26, 2026.
