{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-234228","form_type":"8-K","ticker":"SBAC","cik":"0001034054","company_name":"SBA COMMUNICATIONS CORP","filed_at":"2023-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.940092+00:00","generated_at":"2026-06-10T18:28:35.318844+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"SBA Communications appoints Marc Montagner as CFO effective Jan 1, 2024","bullets":["Marc Montagner, 62, joins Oct 17 as EVP-Finance, becomes CFO Jan 1, 2024, succeeding Brendan Cavanagh.","Montagner brings 30 years experience; previously CFO of Endurance International and LightSquared.","Compensation: $640k base salary, 100% bonus target, $2.8M LTIP award, $1M RSU, $250k signing/clawback.","Appointment follows planned CEO succession: Cavanagh becomes President & CEO on Jan 1, 2024.","Montagner serves on boards of Cogent Communications and Intelsat."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-234228","json":"https://secwatch.observer/filing/0001193125-23-234228.json","markdown":"https://secwatch.observer/filing/0001193125-23-234228.md","text":"https://secwatch.observer/filing/0001193125-23-234228.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/d554497d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T18:28:35.318844+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4049833160","claim":"Marc Montagner was appointed as Executive Vice President & Chief Financial Officer at SBA COMMUNICATIONS CORP.","evidence_excerpt":"Marc Montagner has been appointed to serve as the Executive Vice President & Chief Financial Officer of the Company (the “CFO”) to succeed Mr. Brendan Cavanagh, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President & Chief Financial Officer"}],"fact_type":"executive_change"},{"claim_id":"5352128280","claim":"Brendan Cavanagh changed role as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.","evidence_excerpt":"Mr. Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"will succeed"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"fa2a9e3b32","claim":"Jeffrey Stoops departed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.","evidence_excerpt":"Mr. Cavanagh, currently the Company’s Executive Vice President & Chief Financial Officer, will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1034054/000119312523234228/0001193125-23-234228-index.htm","confidence":0.9,"family_label":"Executive change","details":[{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}