SBAC Insider Trading
SBA COMMUNICATIONS CORP | Real Estate Investment Trusts
Comprehensive Trading Performance Summary
The investment history of corporate insiders at SBA COMMUNICATIONS CORP provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Real Estate Investment Trusts sector.
Transactions on Chart
Open Full Chart| Filing Date | Trade Date | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|
| 2025-05-06 01:30 | 2025-05-01 | LANGER JACK | Director | OPT+S | $240.59 | 5,000 | $1,202,933 | 10,522 | 0.0% |
| 2025-03-11 01:30 | 2025-03-07 | KOENIG JOSHUA | Officer - EXECUTIVE VP/GENERAL COUNSEL | OPT+S | $224.18 | 2,209 | $495,214 | 6,079 | 0.0% |
| 2025-03-05 02:30 | 2025-02-28 | Chan Mary S | Director | OPT+S | $218.07 | 1,411 | $307,697 | 5,131 | 0.0% |
| 2024-12-24 03:30 | 2024-12-20 | DAY DONALD | Officer - EVP - SITE LEASING | OPT+S | $203.43 | 2,321 | $472,150 | 4,998 | 0.0% |
| 2024-12-12 02:30 | 2024-12-09 | Ciarfella Mark R | Officer - EVP - OPERATIONS | OPT+S | $224.33 | 3,545 | $795,235 | 33,588 | 0.0% |
| 2024-09-18 01:30 | 2024-09-13 | DAY DONALD | Officer - EVP - SITE LEASING | OPT+S | $242.86 | 1,500 | $364,290 | 4,998 | 0.0% |
| 2024-08-24 01:30 | 2024-08-21 | Krouse George R Jr | Director | SELL | $219.58 | 325 | $71,364 | 8,084 | -3.9% |
| 2024-08-03 01:30 | 2024-08-01 | STOOPS JEFFREY | Director, Other | SELL | $222.01 | 49,765 | $11,048,104 | 109,583 | -31.2% |
| 2024-03-09 02:30 | 2024-03-05 | Chan Mary S | Director | OPT+S | $217.99 | 1,977 | $430,966 | 4,622 | 0.0% |
| 2023-12-16 02:30 | 2023-12-14 | SILBERSTEIN JASON V | Officer - EVP - Site Leasing | OPT+S | $255.44 | 16,465 | $4,205,885 | 29,908 | 0.0% |
| 2023-12-16 02:30 | 2023-12-13 | Lazarus Brian D | Officer - SVP & Chief Accounting Officer | OPT+S | $249.35 | 20,605 | $5,137,906 | 7,085 | 0.0% |
| 2023-12-08 02:30 | 2023-12-05 | BERNSTEIN STEVEN E | Director, Other | SELL | $250.62 | 53,376 | $13,376,976 | 56,314 | -48.7% |
| 2023-12-02 02:30 | 2023-11-29 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $245.05 | 5,000 | $1,225,231 | 29,005 | 0.0% |
| 2023-11-30 02:30 | 2023-11-27 | STOOPS JEFFREY | Director, Officer - Chief Executive Officer & Pres | SELL | $237.94 | 37,889 | $9,015,252 | 0 | -100.0% |
| 2023-11-30 01:00 | 2023-11-27 | KOENIG JOSHUA | Officer - Executive VP/General Counsel | SELL | $238.50 | 1,275 | $304,088 | 5,181 | -19.7% |
| 2023-11-24 14:00 | 2023-11-20 | Krouse George R Jr | Director | SELL | $234.43 | 500 | $117,213 | 8,001 | -5.9% |
| 2023-11-18 01:00 | 2023-11-15 | STOOPS JEFFREY | Director, Officer - Chief Executive Officer & Pres | SELL | $233.96 | 45,779 | $10,710,601 | 37,889 | -54.7% |
| 2023-11-16 01:38 | 2023-11-14 | BEEBE KEVIN L | Director | SELL | $233.83 | 1,500 | $350,744 | 13,313 | -10.1% |
| 2023-11-15 01:00 | 2023-11-10 | STOOPS JEFFREY | Director, Officer - Chief Executive Officer & Pres | SELL | $227.97 | 113,971 | $25,981,752 | 155,074 | -42.4% |
| 2023-11-15 01:00 | 2023-11-10 | Ciarfella Mark R | Officer - EVP - Operations | SELL | $217.62 | 1,000 | $217,620 | 29,005 | -3.3% |
| 2023-08-15 00:33 | 2023-08-11 | Krouse George R Jr | Director | SELL | $229.30 | 371 | $85,069 | 8,501 | -4.2% |
| 2022-08-17 01:24 | 2022-08-15 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $355.50 | 8,213 | $2,919,750 | 23,884 | 0.0% |
| 2022-08-12 01:00 | 2022-08-10 | SILBERSTEIN JASON V | Officer - EVP - Site Leasing | OPT+S | $350.38 | 16,464 | $5,768,721 | 21,785 | 0.0% |
| 2022-08-11 01:00 | 2022-08-08 | STOOPS JEFFREY | Director, Officer - Chief Executive Officer & Pres | SELL | $345.44 | 88,564 | $30,593,832 | 255,457 | -25.7% |
| 2022-08-06 00:29 | 2022-08-05 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $343.94 | 5,760 | $1,981,094 | 23,884 | 0.0% |
| 2022-08-06 00:04 | 2022-08-04 | Krouse George R Jr | Director | SELL | $344.98 | 391 | $134,886 | 8,500 | -4.4% |
| 2022-08-06 00:02 | 2022-08-04 | COCROFT DUNCAN | Director | SELL | $344.50 | 1,152 | $396,787 | 64,592 | -1.8% |
| 2022-06-10 00:30 | 2022-06-07 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $338.05 | 1,000 | $338,050 | 23,884 | 0.0% |
| 2022-05-27 00:52 | 2022-05-24 | STOOPS JEFFREY | Director, Officer - Chief Executive Officer & Pres | SELL | $344.07 | 30,000 | $10,321,986 | 83,668 | -26.4% |
| 2022-05-05 00:54 | 2022-05-03 | BEEBE KEVIN L | Director | OPT+S | $347.72 | 1,889 | $656,843 | 14,813 | 0.0% |
| 2022-03-30 01:06 | 2021-03-02 | Cavanagh Brendan Thomas | Officer - Executive Vice President & CFO | SELL | $247.47 | 3 | $742 | 19,052 | 0.0% |
| 2022-03-30 01:06 | 2019-10-10 | Cavanagh Brendan Thomas | Officer - Executive Vice President & CFO | BUY | $284.60 | 13 | $3,700 | 19,055 | +0.1% |
| 2022-03-12 01:17 | 2022-03-09 | BAGWELL KURT L | Officer - EVP; Pres. - International | SELL | $330.00 | 3,757 | $1,239,936 | 29,529 | -11.3% |
| 2022-03-11 01:41 | 2022-03-08 | Krouse George R Jr | Director | SELL | $328.88 | 500 | $164,440 | 8,515 | -5.5% |
| 2021-12-21 21:27 | 2021-12-15 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $370.00 | 3,000 | $1,110,000 | 21,052 | 0.0% |
| 2021-12-17 03:14 | 2021-12-15 | HUNT THOMAS P | Officer - Executive VP/General Counsel | OPT+S | $365.93 | 1,087 | $397,762 | 117,492 | 0.0% |
| 2021-12-16 01:00 | 2021-12-13 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $365.67 | 3,000 | $1,097,010 | 21,052 | 0.0% |
| 2021-11-24 02:07 | 2021-11-19 | Krouse George R Jr | Director | OPT+S | $350.00 | 1,000 | $350,000 | 10,090 | 0.0% |
| 2021-09-09 00:49 | 2021-09-03 | Lazarus Brian D | Officer - SVP & Chief Accounting Officer | OPT+S | $366.17 | 24,263 | $8,884,480 | 20,327 | 0.0% |
| 2021-09-04 00:50 | 2021-09-03 | HUNT THOMAS P | Officer - Executive VP/General Counsel | SELL | $365.47 | 67,112 | $24,527,154 | 5,465 | -92.5% |
| 2021-09-04 00:48 | 2021-09-02 | Cavanagh Brendan Thomas | Officer - Executive Vice President & CFO | OPT+S | $365.51 | 60,163 | $21,990,262 | 31,007 | 0.0% |
| 2021-08-21 01:12 | 2021-08-19 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $358.01 | 6,759 | $2,419,790 | 21,018 | 0.0% |
| 2021-08-21 01:11 | 2021-08-19 | HUNT THOMAS P | Officer - Executive VP/General Counsel | SELL | $357.69 | 50,000 | $17,884,645 | 72,577 | -40.8% |
| 2021-08-19 01:04 | 2021-08-16 | STOOPS JEFFREY | Director, Officer - Chief Executive Officer & Pres | SELL | $353.30 | 37,278 | $13,170,385 | 189,573 | -16.4% |
| 2021-08-14 01:07 | 2021-08-11 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $345.00 | 2,377 | $820,065 | 21,018 | 0.0% |
| 2021-06-12 00:52 | 2021-06-10 | Ciarfella Mark R | Officer - EVP - Operations | OPT+S | $320.01 | 6,000 | $1,920,060 | 20,980 | 0.0% |
| 2021-06-12 00:51 | 2021-06-10 | Krouse George R Jr | Director | OPT+S | $318.81 | 471 | $150,160 | 10,153 | 0.0% |
| 2021-06-05 01:02 | 2021-06-02 | RUSSO FIDELMA | Director | SELL | $308.67 | 25 | $7,717 | 94 | -21.0% |
| 2021-05-21 01:01 | 2021-05-18 | COCROFT DUNCAN | Director | SELL | $290.27 | 1,804 | $523,647 | 66,592 | -2.6% |
| 2021-03-13 01:34 | 2021-03-11 | BEEBE KEVIN L | Director | OPT+S | $259.46 | 826 | $214,314 | 14,281 | 0.0% |
How to Interpret $SBAC Trades
Not every insider transaction in SBA COMMUNICATIONS CORP is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $SBAC shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.
Data Source & Accuracy for SBAC
Insider activity data for SBA COMMUNICATIONS CORP is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $SBAC, allowing you to follow the capital of those with the most intimate knowledge of the company.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.