---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-154342"
form_type: "8-K"
ticker: "SBAC"
cik: "0001034054"
company_name: "SBA COMMUNICATIONS CORP"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:01:56.596205+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# SBA Communications shareholders elect directors, ratify auditor, approve executive compensation

## Summary
- Elected three Class III directors (Bernstein, Bowen, Wilson) each with over 80M votes for; broker non-votes 3.3M.
- Ratified Ernst & Young as auditor for FY 2023 with 92.7M for vs 4.4M against.
- Advisory vote on named executive officer compensation approved (89.3M for, 4.5M against).
- Advisory frequency set to every 1 year (91.3M for 1 year); board adopts annual vote policy.

## SEC filing metadata
- accession: 0001193125-23-154342
- form_type: 8-K
- ticker: SBAC
- cik: 0001034054
- company_name: SBA COMMUNICATIONS CORP
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034054/000119312523154342/0001193125-23-154342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034054/000119312523154342/d393030d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-154342
- JSON: https://secwatch.observer/filing/0001193125-23-154342.json
- Plain text: https://secwatch.observer/filing/0001193125-23-154342.txt

## Key facts
- Shareholder Votes
  SBA COMMUNICATIONS CORP shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-25 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Proposal 3 The shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Vote 89,265,959 4,512,562 87,268 3,261,996
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523154342/0001193125-23-154342-index.htm
- Shareholder Votes
  SBA COMMUNICATIONS CORP shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for 2023 fiscal year at the 2023-05-25 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Proposal 2 The shareholders approved the ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year. For Against Abstain Broker Non-Vote 92,680,820 4,401,960 45,005 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523154342/0001193125-23-154342-index.htm
- Shareholder Votes
  SBA COMMUNICATIONS CORP shareholders approved Advisory vote on frequency of future advisory votes on executive compensation - 1 Year at the 2023-05-25 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Proposal 4 The shareholders voted in favor of a frequency of every one year for future advisory votes to approve the compensation of the Company’s named executive officers. 1 Year 2 Years 3 Years Abstain Broker Non-Vote 91,324,870 103,092 2,387,422 50,405 3,261,996
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523154342/0001193125-23-154342-index.htm
- Shareholder Votes
  SBA COMMUNICATIONS CORP shareholders approved Election of Class III Directors at the 2023-05-25 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-25
  source text: Proposal 1 The shareholders voted in favor of the election of the following director nominees as Class III directors for a term of office expiring at the 2026 Annual Meeting of Shareholders and, in each case, until his or her successor is duly elected and qualified. For Against Abstain Broker Non-Vote Steven E. Bernstein 80,380,376 13,408,670 76,743 3,261,996 Laurie Bowen 93,706,917 98,627 60,245 3,261,996 Amy E. Wilson 93,706,498 99,589 59,702 3,261,996
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034054/000119312523154342/0001193125-23-154342-index.htm

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