secwatch.observer — SEC 8-K summary
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Issuer:     SBA COMMUNICATIONS CORP (SBAC)
CIK:        0001034054
Form:       8-K
Filed at:   2022-03-29T23:59:59+00:00
Accession:  0001193125-22-088245
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SBA Communications appoints Jay L. Johnson to Board as independent director
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- Jay L. Johnson appointed as Class I independent director effective March 28, 2022; Board expands to nine members.
- Johnson is EVP and CFO of Lamar Advertising (NASDAQ: LAMR), bringing REIT and capital markets expertise.
- Will serve on Audit Committee; board determined independence under Nasdaq standards.
- Standard non-employee director compensation; indemnification agreement to be entered.
- No reportable transactions or arrangements between Johnson and the company under Item 404(a).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1034054/000119312522088245/0001193125-22-088245-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1034054/000119312522088245/d314133d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-088245

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