{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-076767","form_type":"8-K","ticker":"SBAC","cik":"0001034054","company_name":"SBA COMMUNICATIONS CORP","filed_at":"2026-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.431307+00:00","generated_at":"2026-05-15T23:22:41.805383+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SBA Communications Q4 net income $370M, EPS $3.47; dividend raised 13% to $1.25","bullets":["Q4 net income $370.4M ($3.47 diluted EPS); AFFO per share $3.19, down 8% YoY.","Site leasing revenue $666.2M (+3.1% YoY); site development revenue $53.4M (+12.7%).","Dividend increased 13% to $1.25/share quarterly; payable March 27 to holders of record March 13.","Repurchased 916k shares at avg $191.00 ($175M); closed majority of Millicom sites in Central America.","FY2026 guidance excludes all contracted EchoStar revenue due to dispute; expects steady contributions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-076767","json":"https://secwatch.observer/filing/0001193125-26-076767.json","markdown":"https://secwatch.observer/filing/0001193125-26-076767.md","text":"https://secwatch.observer/filing/0001193125-26-076767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1034054/000119312526076767/0001193125-26-076767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1034054/000119312526076767/d106126d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T23:22:41.805383+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}