---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-088299"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:32:06.418642+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Two long-serving SBA Communications board members to retire; replacements to be nominated

## Summary
- Director Duncan H. Cocroft (since 2004) will not stand for re-election at 2023 annual meeting; cites no disagreement.
- Director Fidelma Russo (since 2020) also not standing for re-election to focus on other commitments; no disagreement.
- Company expects to nominate two independent director candidates at 2023 annual meeting as part of board succession planning.

## SEC filing metadata
- accession: 0001193125-23-088299
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034054/000119312523088299/0001193125-23-088299-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312523088299/d491779d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-088299
- JSON: https://secwatch.observer/filing/0001193125-23-088299.json
- Plain text: https://secwatch.observer/filing/0001193125-23-088299.txt

## Key facts
- Executive change
  Duncan H. Cocroft departed as Director at SBA COMMUNICATIONS CORP.
  - Action: retire and not stand for re-election
  - Role: Director
  source text: On March 27, 2023, Duncan H. Cocroft, a member of the Board of Directors (the “Board”) of SBA Communications Corporation (the “Company”) since 2004, notified the Board that he had decided to retire and would not stand for re-election at the Company’s 2023 Annual Meeting of Shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523088299/0001193125-23-088299-index.htm
- Executive change
  Fidelma Russo departed as Director at SBA COMMUNICATIONS CORP.
  - Action: not stand for re-election
  - Role: Director
  source text: On March 28, 2023, Fidelma Russo, a member of the Board since 2020, notified the Board that she had decided not to stand for re-election at the Company’s 2023 Annual Meeting of Shareholders in order to focus on her other commitments
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523088299/0001193125-23-088299-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.