SBA COMMUNICATIONS CORP (SBAC) is a publicly traded company in the Unknown sector. Across all available filings, 24 corporate insiders have executed 1025 transactions totaling $626.0M, demonstrating a bearish sentiment with -$625.8M in net insider flow. The most recent transaction on Feb 18, 2026 involved a transaction of 5,739 shares valued at $0.
No significant insider buying has been recorded for SBAC in the recent period.
No significant insider selling has been recorded for SBAC in the recent period.
Based on recent SEC filings, insider sentiment for SBAC is bearish with an Insider Alignment Score of 0/100 and a net flow of -$625.8M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at SBA COMMUNICATIONS CORP (SBAC) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 24 insiders are actively trading SBAC stock, having executed 1025 transactions in the past 90 days. The most active insider is Jeffrey Stoops (Executive), who has made 144 transactions totaling $496.5M.
Get notified when executives and directors at SBAC file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Feb 18, 2026 | Day Donald | EVP - SITE LEASING | Option Exercise | 5,739 | $N/A | $0 | |
| Feb 18, 2026 | Day Donald | EVP - SITE LEASING | Payment | 5,367 | $203.12 | $1.1M | Large |
| Feb 18, 2026 | Day Donald | EVP - SITE LEASING | Option Exercise | 5,739 | $182.30 | $1.0M | Large |
| Jan 20, 2026 | Stoops Jeffrey | Executive | Option Exercise | 149,446 | $N/A | $0 | |
| Jan 20, 2026 | Stoops Jeffrey | Executive | Payment | 143,622 | $194.11 | $27.9M | Large |
| Jan 20, 2026 | Stoops Jeffrey | Executive | Option Exercise | 149,446 | $182.30 | $27.2M | Large |
| Jan 20, 2026 | Thomas Cavanagh Brendan | Executive | Option Exercise | 55,741 | $N/A | $0 | |
| Jan 20, 2026 | Thomas Cavanagh Brendan | Executive | Payment | 53,792 | $194.11 | $10.4M | Large |
| Jan 20, 2026 | Thomas Cavanagh Brendan | Executive | Option Exercise | 55,741 | $182.30 | $10.2M | Large |
| Jan 20, 2026 | Koenig Joshua | EXECUTIVE VP/GENERAL COUNSEL | Option Exercise | 9,121 | $N/A | $0 | |
| Jan 20, 2026 | Koenig Joshua | EXECUTIVE VP/GENERAL COUNSEL | Payment | 8,800 | $194.11 | $1.7M | Large |
| Jan 20, 2026 | Koenig Joshua | EXECUTIVE VP/GENERAL COUNSEL | Option Exercise | 9,121 | $182.30 | $1.7M | Large |
| Jan 20, 2026 | Kredi Saul | VP & Chief Accounting Officer | Option Exercise | 6,080 | $N/A | $0 | |
| Jan 20, 2026 | Kredi Saul | VP & Chief Accounting Officer | Payment | 5,873 | $194.11 | $1.1M | Large |
| Jan 20, 2026 | Kredi Saul | VP & Chief Accounting Officer | Option Exercise | 6,080 | $182.30 | $1.1M | Large |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Sale(S) | 235 | $625.9M | 49.2% |
Payment(F) | 200 | $324.7M | 25.5% |
Exercise(M) | 524 | $322.3M | 25.3% |
Purchase(P) | 5 | $87.3K | 0.0% |
Disposition(D) | 1 | $36.1K | 0.0% |
Gift(G) | 60 | $0 | 0.0% |
Insider selling pressure at SBA COMMUNICATIONS CORP has increased, with 24 insiders executing 1025 transactions across all time. Total sales of $625.9M significantly outpace purchases of $87.3K, resulting in a net outflow of $625.8M. This selling activity appears largely discretionary, which may warrant closer attention from investors.