FINHUB Insights

SBA Communications insider activity

SBAC · SBAC income statements · EDGAR

What the executives and directors of SBA Communications actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.

−$55K net open-market flow, 12 m
0 open-market buys, 12 m
0% of sale value on 10b5-1 plans, 12 m
1,769 days since an insider bought, whole record

The tape: three years of insider trades

Open-market buy Discretionary sale Planned sale (10b5-1) Reported-price path Routine

Every marker sits at the price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.

The 92 routine events on the chart, as a list
Date Insider Shares
Aug 1, 2026 DAY DONALD 628
May 13, 2026 BERNSTEIN STEVEN E 2,997
May 13, 2026 BEEBE KEVIN L 2,993
May 13, 2026 LANGER JACK 2,997
May 13, 2026 Krouse George R Jr 1,001
May 1, 2026 BERNSTEIN STEVEN E 881
May 1, 2026 STOOPS JEFFREY 633
May 1, 2026 BEEBE KEVIN L 881
May 1, 2026 LANGER JACK 1,207
May 1, 2026 Krouse George R Jr 1,207
May 1, 2026 Chan Mary S 1,207
May 1, 2026 Johnson Jay LeCoryelle 1,207
May 1, 2026 Wilson Amy E 881
May 1, 2026 BOWEN LAURIE 1,207
Apr 13, 2026 Chan Mary S 2,954
Mar 6, 2026 STOOPS JEFFREY 34K
Mar 6, 2026 Cavanagh Brendan Thomas 26K
Mar 6, 2026 Montagner Marc 6,317
Mar 6, 2026 Ciarfella Mark R 12K
Mar 6, 2026 KOENIG JOSHUA 11K
Mar 6, 2026 CANE RICHARD M 11K
Mar 6, 2026 DAY DONALD 5,207
Mar 6, 2026 KREDI SAUL 3,549
Feb 18, 2026 DAY DONALD 11K
Jan 20, 2026 STOOPS JEFFREY 293K
Jan 20, 2026 Cavanagh Brendan Thomas 110K
Jan 20, 2026 KOENIG JOSHUA 18K
Jan 20, 2026 KREDI SAUL 12K
Dec 29, 2025 KOENIG JOSHUA 517
Dec 19, 2025 Krouse George R Jr 300
Dec 16, 2025 STOOPS JEFFREY 9,761
Dec 5, 2025 Ciarfella Mark R 430
Oct 17, 2025 Montagner Marc 2,213
Aug 26, 2025 LANGER JACK 30
Aug 1, 2025 DAY DONALD 635
May 19, 2025 BERNSTEIN STEVEN E 1,123
May 19, 2025 BEEBE KEVIN L 954
May 17, 2025 BERNSTEIN STEVEN E 1,411
May 17, 2025 BEEBE KEVIN L 1,411
May 1, 2025 BERNSTEIN STEVEN E 993
May 1, 2025 STOOPS JEFFREY 387
May 1, 2025 BEEBE KEVIN L 725
May 1, 2025 LANGER JACK 993
May 1, 2025 Krouse George R Jr 979
May 1, 2025 Chan Mary S 993
May 1, 2025 Johnson Jay LeCoryelle 725
May 1, 2025 Wilson Amy E 550
May 1, 2025 BOWEN LAURIE 754
Apr 23, 2025 LANGER JACK 2,530
Mar 6, 2025 STOOPS JEFFREY 34K
Mar 6, 2025 Cavanagh Brendan Thomas 19K
Mar 6, 2025 Ciarfella Mark R 9,016
Mar 6, 2025 KOENIG JOSHUA 5,077
Mar 6, 2025 CANE RICHARD M 4,610
Mar 6, 2025 DAY DONALD 3,584
Mar 6, 2025 KREDI SAUL 2,385
Mar 6, 2025 Montagner Marc 2,886
Feb 28, 2025 Chan Mary S 1,411
Jan 28, 2025 STOOPS JEFFREY 254K
Jan 22, 2025 Cavanagh Brendan Thomas 93K

The 60 most recent of 92.

Where the shares went, last 12 months

Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.

The chart, in numbers
Flow Shares
Vested / exercised 321K
Withheld for tax 256K
Discretionary sales 300
Gifts 11K
Kept 54K

Skin in the game

Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.

The chart, in numbers
Insider Start of the window Latest reported Indexed, start = 100
STOOPS JEFFREY 349K 141K 40.6
BERNSTEIN STEVEN E 6,738 7,140 106
Cavanagh Brendan Thomas 31K 64K 205.7
Ciarfella Mark R 21K 43K 203.4
LANGER JACK 4,672 8,704 186.3

Who holds what

the 14 largest holdings of 18
Insider Role Shares held Buys 12 m Sales 12 m 12 m Last trade
STOOPS JEFFREY Chief Executive Officer & Pres Last trade Aug 1, 2024 CEO 162K Aug 1, 2024
BERNSTEIN STEVEN E Last trade Dec 6, 2023 Director 65K Dec 6, 2023
Cavanagh Brendan Thomas PRESIDENT AND CEO Last trade Nov 17, 2021 CEO 53K Nov 17, 2021
SILBERSTEIN JASON V EVP - SITE LEASING Last trade Dec 14, 2023 Officer 51K Dec 14, 2023
Ciarfella Mark R EVP - OPERATIONS Last trade Dec 9, 2024 Officer 38K Dec 9, 2024
LANGER JACK Last trade May 1, 2025 Director 22K May 1, 2025
Lazarus Brian D SVP & CHIEF ACCOUNTING OFFICER Last trade Dec 13, 2023 Officer 21K Dec 13, 2023
BEEBE KEVIN L Last trade Nov 14, 2023 Director 18K Nov 14, 2023
DAY DONALD EVP - SITE LEASING Last trade Dec 20, 2024 Officer 10K Dec 20, 2024
Krouse George R Jr Last trade Aug 17, 2026 Director 8,512 $55K net selling over the year: 0 months buying, 1 month selling Aug 17, 2026
CANE RICHARD M EVP; PRES. - INTERNATIONAL Officer 7,305
KOENIG JOSHUA EXECUTIVE VP/GENERAL COUNSEL Last trade Mar 7, 2025 Officer 6,538 Mar 7, 2025
KREDI SAUL VP & Chief Accounting Officer Officer 6,197
Chan Mary S Last trade Feb 28, 2025 Director 6,115 Feb 28, 2025

Open-market trade log

the 60 most recent of 836
Date Insider Type Shares Price Value Since trade Filed
Aug 17, 2026 Krouse George R Jr (Director) 300 shares $182.67 +0.0% since trade filed Aug 19, 2026 Discretionary sale 300 $182.67 $55K +0.0% Aug 19, 2026
May 1, 2025 LANGER JACK (Director) 141 shares $242.12 −24.6% since trade filed May 5, 2025 Discretionary sale 141 $242.12 $34K −24.6% May 5, 2025
May 1, 2025 LANGER JACK (Director) 1,359 shares $241.50 −24.4% since trade filed May 5, 2025 Discretionary sale 1,359 $241.50 $328K −24.4% May 5, 2025
May 1, 2025 LANGER JACK (Director) 3,500 shares $240.17 −23.9% since trade filed May 5, 2025 Discretionary sale 3,500 $240.17 $841K −23.9% May 5, 2025
Mar 7, 2025 KOENIG JOSHUA (Officer) 2,209 shares $224.18 −18.5% since trade filed Mar 10, 2025 Discretionary sale 2,209 $224.18 $495K −18.5% Mar 10, 2025
Feb 28, 2025 Chan Mary S (Director) 1,411 shares $218.07 −16.2% since trade filed Mar 4, 2025 Discretionary sale 1,411 $218.07 $308K −16.2% Mar 4, 2025
Dec 20, 2024 DAY DONALD (Officer) 2,321 shares $203.43 −10.2% since trade filed Dec 23, 2024 Discretionary sale 2,321 $203.43 $472K −10.2% Dec 23, 2024
Dec 9, 2024 Ciarfella Mark R (Officer) 3,545 shares $224.33 −18.6% since trade filed Dec 11, 2024 Discretionary sale 3,545 $224.33 $795K −18.6% Dec 11, 2024
Sep 13, 2024 DAY DONALD (Officer) 1,500 shares $242.86 −24.8% since trade filed Sep 17, 2024 Discretionary sale 1,500 $242.86 $364K −24.8% Sep 17, 2024
Aug 21, 2024 Krouse George R Jr (Director) 325 shares $219.58 −16.8% since trade filed Aug 23, 2024 Discretionary sale 325 $219.58 $71K −16.8% Aug 23, 2024
Aug 1, 2024 STOOPS JEFFREY (Director) 1,865 shares $222.66 −18.0% since trade filed Aug 2, 2024 Discretionary sale 1,865 $222.66 $415K −18.0% Aug 2, 2024
Aug 1, 2024 STOOPS JEFFREY (Director) 48K shares $221.98 −17.7% since trade filed Aug 2, 2024 Discretionary sale 48K $221.98 $11M −17.7% Aug 2, 2024
Mar 5, 2024 Chan Mary S (Director) 1,977 shares $217.99 −16.2% since trade filed Mar 8, 2024 Discretionary sale 1,977 $217.99 $431K −16.2% Mar 8, 2024
Dec 14, 2023 SILBERSTEIN JASON V (Officer) 353 shares $257.02 −28.9% since trade filed Dec 15, 2023 Discretionary sale 353 $257.02 $91K −28.9% Dec 15, 2023
Dec 14, 2023 SILBERSTEIN JASON V (Officer) 2,868 shares $254.55 −28.2% since trade filed Dec 15, 2023 Discretionary sale 2,868 $254.55 $730K −28.2% Dec 15, 2023
Dec 14, 2023 SILBERSTEIN JASON V (Officer) 3,283 shares $256.41 −28.8% since trade filed Dec 15, 2023 Discretionary sale 3,283 $256.41 $842K −28.8% Dec 15, 2023
Dec 14, 2023 SILBERSTEIN JASON V (Officer) 9,961 shares $255.33 −28.5% since trade filed Dec 15, 2023 Discretionary sale 9,961 $255.33 $2.5M −28.5% Dec 15, 2023
Dec 13, 2023 Lazarus Brian D (Officer) 2,800 shares $251.17 −27.3% since trade filed Dec 15, 2023 Discretionary sale 2,800 $251.17 $703K −27.3% Dec 15, 2023
Dec 13, 2023 Lazarus Brian D (Officer) 3,915 shares $250.12 −27.0% since trade filed Dec 15, 2023 Discretionary sale 3,915 $250.12 $979K −27.0% Dec 15, 2023
Dec 13, 2023 Lazarus Brian D (Officer) 14K shares $248.77 −26.6% since trade filed Dec 15, 2023 Discretionary sale 14K $248.77 $3.5M −26.6% Dec 15, 2023
Dec 6, 2023 BERNSTEIN STEVEN E (Director) 7,300 shares $253.89 −28.1% since trade filed Dec 7, 2023 Discretionary sale 7,300 $253.89 $1.9M −28.1% Dec 7, 2023
Dec 5, 2023 BERNSTEIN STEVEN E (Director) 93 shares $250.59 −27.1% since trade filed Dec 7, 2023 Discretionary sale 93 $250.59 $23K −27.1% Dec 7, 2023
Dec 5, 2023 BERNSTEIN STEVEN E (Director) 46K shares $250.10 −27.0% since trade filed Dec 7, 2023 Discretionary sale 46K $250.10 $12M −27.0% Dec 7, 2023
Nov 29, 2023 Ciarfella Mark R (Officer) 5,000 shares $245.05 −25.5% since trade filed Dec 1, 2023 Discretionary sale 5,000 $245.05 $1.2M −25.5% Dec 1, 2023
Nov 27, 2023 STOOPS JEFFREY (CEO) 9,043 shares $237.96 −23.2% since trade filed Nov 29, 2023 Discretionary sale 9,043 $237.96 $2.2M −23.2% Nov 29, 2023
Nov 27, 2023 STOOPS JEFFREY (CEO) 11K shares $238.99 −23.6% since trade filed Nov 29, 2023 Discretionary sale 11K $238.99 $2.7M −23.6% Nov 29, 2023
Nov 27, 2023 STOOPS JEFFREY (CEO) 17K shares $237.24 −23.0% since trade filed Nov 29, 2023 Discretionary sale 17K $237.24 $4.1M −23.0% Nov 29, 2023
Nov 27, 2023 KOENIG JOSHUA (Officer) 1,275 shares $238.50 −23.4% since trade filed Nov 29, 2023 Discretionary sale 1,275 $238.50 $304K −23.4% Nov 29, 2023
Nov 20, 2023 Krouse George R Jr (Director) 500 shares $234.43 −22.1% since trade filed Nov 24, 2023 late Discretionary sale 500 $234.43 $117K −22.1% Nov 24, 2023 late
Nov 15, 2023 STOOPS JEFFREY (CEO) 13K shares $234.38 −22.1% since trade filed Nov 17, 2023 Discretionary sale 13K $234.38 $3.1M −22.1% Nov 17, 2023
Nov 15, 2023 STOOPS JEFFREY (CEO) 33K shares $233.80 −21.9% since trade filed Nov 17, 2023 Discretionary sale 33K $233.80 $7.6M −21.9% Nov 17, 2023
Nov 14, 2023 STOOPS JEFFREY (CEO) 3,246 shares $232.00 −21.3% since trade filed Nov 14, 2023 Discretionary sale 3,246 $232.00 $753K −21.3% Nov 14, 2023
Nov 14, 2023 STOOPS JEFFREY (CEO) 29K shares $230.77 −20.8% since trade filed Nov 14, 2023 Discretionary sale 29K $230.77 $6.6M −20.8% Nov 14, 2023
Nov 14, 2023 STOOPS JEFFREY (CEO) 47K shares $233.06 −21.6% since trade filed Nov 14, 2023 Discretionary sale 47K $233.06 $11M −21.6% Nov 14, 2023
Nov 14, 2023 BEEBE KEVIN L (Director) 1,500 shares $233.83 −21.9% since trade filed Nov 15, 2023 Discretionary sale 1,500 $233.83 $351K −21.9% Nov 15, 2023
Nov 10, 2023 STOOPS JEFFREY (CEO) 35K shares $218.46 −16.4% since trade filed Nov 14, 2023 Discretionary sale 35K $218.46 $7.6M −16.4% Nov 14, 2023
Nov 10, 2023 Ciarfella Mark R (Officer) 1,000 shares $217.62 −16.1% since trade filed Nov 14, 2023 Discretionary sale 1,000 $217.62 $218K −16.1% Nov 14, 2023
Aug 11, 2023 Krouse George R Jr (Director) 371 shares $229.30 −20.3% since trade filed Aug 14, 2023 Discretionary sale 371 $229.30 $85K −20.3% Aug 14, 2023
Aug 15, 2022 Ciarfella Mark R (Officer) 8,213 shares $355.50 −48.6% since trade filed Aug 16, 2022 Discretionary sale 8,213 $355.50 $2.9M −48.6% Aug 16, 2022
Aug 10, 2022 SILBERSTEIN JASON V (Officer) 400 shares $351.00 −48.0% since trade filed Aug 11, 2022 Discretionary sale 400 $351.00 $140K −48.0% Aug 11, 2022
Aug 10, 2022 SILBERSTEIN JASON V (Officer) 16K shares $350.37 −47.9% since trade filed Aug 11, 2022 Discretionary sale 16K $350.37 $5.6M −47.9% Aug 11, 2022
Aug 9, 2022 STOOPS JEFFREY (CEO) 6,700 shares $346.38 −47.3% since trade filed Aug 10, 2022 Discretionary sale 6,700 $346.38 $2.3M −47.3% Aug 10, 2022
Aug 9, 2022 STOOPS JEFFREY (CEO) 7,600 shares $347.38 −47.4% since trade filed Aug 10, 2022 Discretionary sale 7,600 $347.38 $2.6M −47.4% Aug 10, 2022
Aug 9, 2022 STOOPS JEFFREY (CEO) 52K shares $345.19 −47.1% since trade filed Aug 10, 2022 Discretionary sale 52K $345.19 $18M −47.1% Aug 10, 2022
Aug 8, 2022 STOOPS JEFFREY (CEO) 23K shares $345.09 −47.1% since trade filed Aug 10, 2022 Discretionary sale 23K $345.09 $7.8M −47.1% Aug 10, 2022
Aug 5, 2022 Ciarfella Mark R (Officer) 5,760 shares $343.94 −46.9% since trade filed Aug 5, 2022 Discretionary sale 5,760 $343.94 $2.0M −46.9% Aug 5, 2022
Aug 4, 2022 COCROFT DUNCAN (Director) 1 shares $346.26 −47.2% since trade filed Aug 5, 2022 Discretionary sale 1 $346.26 $267 −47.2% Aug 5, 2022
Aug 4, 2022 COCROFT DUNCAN (Director) 1,151 shares $344.50 −47.0% since trade filed Aug 5, 2022 Discretionary sale 1,151 $344.50 $397K −47.0% Aug 5, 2022
Aug 4, 2022 Krouse George R Jr (Director) 391 shares $344.98 −47.1% since trade filed Aug 5, 2022 Discretionary sale 391 $344.98 $135K −47.1% Aug 5, 2022
Jun 7, 2022 Ciarfella Mark R (Officer) 1,000 shares $338.05 −46.0% since trade filed Jun 9, 2022 Discretionary sale 1,000 $338.05 $338K −46.0% Jun 9, 2022
May 24, 2022 STOOPS JEFFREY (CEO) 2,560 shares $343.13 −46.8% since trade filed May 26, 2022 Discretionary sale 2,560 $343.13 $878K −46.8% May 26, 2022
May 24, 2022 STOOPS JEFFREY (CEO) 9,402 shares $344.64 −47.0% since trade filed May 26, 2022 Discretionary sale 9,402 $344.64 $3.2M −47.0% May 26, 2022
May 24, 2022 STOOPS JEFFREY (CEO) 18K shares $343.90 −46.9% since trade filed May 26, 2022 Discretionary sale 18K $343.90 $6.2M −46.9% May 26, 2022
May 3, 2022 BEEBE KEVIN L (Director) 1,889 shares $347.72 −47.5% since trade filed May 4, 2022 Discretionary sale 1,889 $347.72 $657K −47.5% May 4, 2022
Mar 9, 2022 BAGWELL KURT L (Officer) 3,757 shares $330.00 −44.7% since trade filed Mar 11, 2022 Discretionary sale 3,757 $330.00 $1.2M −44.7% Mar 11, 2022
Mar 8, 2022 Krouse George R Jr (Director) 500 shares $328.88 −44.5% since trade filed Mar 10, 2022 Discretionary sale 500 $328.88 $164K −44.5% Mar 10, 2022
Dec 15, 2021 (Officer) 409 shares $366.60 −50.2% since trade filed Dec 16, 2021 Discretionary sale 409 $366.60 $150K −50.2% Dec 16, 2021
Dec 15, 2021 (Officer) 678 shares $365.52 −50.0% since trade filed Dec 16, 2021 Discretionary sale 678 $365.52 $248K −50.0% Dec 16, 2021
Dec 15, 2021 Ciarfella Mark R (Officer) 3,000 shares $370.00 −50.6% since trade filed Dec 21, 2021 late Discretionary sale 3,000 $370.00 $1.1M −50.6% Dec 21, 2021 late
Dec 13, 2021 Ciarfella Mark R (Officer) 3,000 shares $365.67 −50.1% since trade filed Dec 15, 2021 Discretionary sale 3,000 $365.67 $1.1M −50.1% Dec 15, 2021

“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.

Filing hygiene

151 Forms 4, 3 years
2 filed late
2 amendments
1.9 avg. days to file

How to read this

A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.

Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.

Every number on this page comes from Forms 3, 4 and 5 filed with the SEC. The insider export runs on its own schedule, so it can be a few days behind the rest of the site; the date below says how far it goes. Browse the source filings on SEC EDGAR. Data through Sep 18, 2026