Source-grounded facts extracted from SBA COMMUNICATIONS CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
SBA COMMUNICATIONS CORP shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the 2026 fiscal year at the 2026-05-22 meeting.
“Proposal 3 The shareholders approved the ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the 2026 fiscal year. For Against Abstain Broker Non-Vote 91,422,274 6,600,498 14,473 —”
SBA COMMUNICATIONS CORP shareholders approved Advisory approval of the compensation of the Company's named executive officers at the 2026-05-22 meeting.
“Proposal 2 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 88,353,112 5,586,172 1,621,215 2,476,746”
SBA COMMUNICATIONS CORP shareholders approved Election of three director nominees as Class III directors for a term ending at the 2029 Annual Meeting at the 2026-05-22 meeting.
“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 2029 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 90,008,560 5,480,418 71,521 2,476,746 Laurie Bowen 83,368,558 10,682,153 1,509,788 2,476,746 Amy E. Wilson 88,262,822 7,226,259 71,418 2,476,746”
SBA COMMUNICATIONS CORP reported the first quarter ended March 31, 2026 results: revenue $656.1 million, net income $184.9 million, EPS $1.74. Guidance raised.
“SBA Communications Corporation issued a press release announcing its financial and operational results for the first quarter ended March 31, 2026”
Saul Kredi was appointed as Vice President and Chief Accounting Officer at SBA COMMUNICATIONS CORP.
“Saul Kredi, 55, has been appointed Vice President and Chief Accounting Officer of the Company effective January 1, 2025.”
Brian D. Lazarus departed as Senior Vice President and Chief Accounting Officer at SBA COMMUNICATIONS CORP.
“On July 8, 2024, Brian D. Lazarus, Senior Vice President and Chief Accounting Officer of SBA Communications Corporation (the “Company”), provided notice of his intent to resign from his current title and roles at the Company and all its subsidiaries effective December 31, 2024, and retire after 18 years with the Company.”
SBA COMMUNICATIONS CORP reported first quarter ended March 31, 2024 results: revenue Site leasing revenue $ 628.3, net income $154.5 million, EPS $1.42 per share.
“comparisons to the prior year period. Q1 2024 Q1 2023 $ Change % Change % Change excluding FX (1) Consolidated ($ in millions, except per share amounts) Site leasing revenue $ 628.3 $ 617.3 $ 11.0 1.8 % 1.5 % Site development revenue 29.6 58.2 (28.6 ) (49.2 %) (49.2 %) Tower cash flow (1) 506.0 491.0 15.0 3.0 % 2.6 % Net income 154.5 100.6 53.9 53.6 % 146.2 %”
SBA COMMUNICATIONS CORP reported the quarter ended December 31, 2023 results: revenue $636.1, net income $109.5 million, EPS $1.01 per share. Guidance reaffirmed.
“comparisons to the prior year period. % Change excluding Q4 2023 Q4 2022 $ Change % Change FX (1) Consolidated ($ in millions, except per share amounts) Site leasing revenue $ 636.1 $ 609.6 $ 26.5 4.3 % 3.7 % Site development revenue 39.0 76.5 (37.5 ) (49.1 %) (49.1 %) Tower cash flow (1) 512.2 485.9 26.3 5.4 % 4.7 % Net income 109.5 102.6 6.9 6.7 % (14.4 %)”
Jason Silberstein departed as Executive Vice President, Site Leasing at SBA COMMUNICATIONS CORP.
“On February 2, 2024, Jason Silberstein, Executive Vice President, Site Leasing of SBA Communications Corporation (the “Company”) provided notice of his intent to retire from his current title and roles at the Company and all its subsidiaries effective August 1, 2024.”
SBA COMMUNICATIONS CORP amended revolving credit of $1.75 billion aggregate principal amount with Toronto Dominion (Texas) LLC, as administrative agent at Term SOFR plus margin of 1.125% to 1.500% (or Base Rate plus 0.125% to 0.500%) maturing January 25, 2029.
“The Third A&R Credit Agreement increased the revolving credit commitments under the existing revolving credit facility from $1.5 billion to $1.75 billion aggregate principal amount, which may be borrowed, repaid and redrawn, based upon specific financial ratios and subject to the satisfaction of other customary conditions to borrowing.”
SBA COMMUNICATIONS CORP amended Third Amended and Restated Guarantee and Collateral Agreement with Toronto Dominion (Texas) LLC, as administrative agent (effective 2024-01-25).
“In connection with the Third A&R Credit Agreement, SBAC and certain of its subsidiaries entered into a Third Amended and Restated Guarantee and Collateral Agreement (the “ Second A&R Guarantee and Collateral Agreement ”), dated as of January 25, 2024, among SBAC, SBA Telecommunications, LLC, SBA Senior Finance, LLC, SBA Senior Finance II and certain of SBA Senior Finance II’s subsidiaries, as identified in the Third A&R Guarantee and Collateral Agreement (the “ Subsidiary Guarantors ”), in favor of Toronto Dominion (Texas) LLC, as administrative agent.”
SBA COMMUNICATIONS CORP amended Third Amended and Restated Credit Agreement with the lenders party thereto, with Toronto Dominion (Texas) LLC as administrative agent valued at aggregate principal amount of $2.3 billion (effective 2024-01-25).
“On January 25, 2024, SBA Senior Finance II LLC (the “ Borrower ”), a wholly-owned subsidiary of SBA Communications Corporation (“ SBAC ”), entered into the Third Amended and Restated Credit Agreement (the “ Third A&R Credit Agreement ”)”
Jeffrey Stoops was appointed as non-executive Chairman of the Board at SBA COMMUNICATIONS CORP.
“the Board has also appointed Mr. Stoops to the position of non-executive Chairman of the Board, effective January 1, 2024.”
Brendan Cavanagh was appointed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
“Mr. Cavanagh will succeed Mr. Jeffrey Stoops as President and Chief Executive Officer, effective January 1, 2024.”
Brendan Cavanagh was appointed as Class I director at SBA COMMUNICATIONS CORP.
“On December 19, 2023, SBA Communications Corporation (the “Company”) appointed Mr. Brendan Cavanagh to the Company’s Board of Directors (the “Board”), effective January 1, 2024.”
SBA COMMUNICATIONS CORP reported the quarter ended September 30, 2023 results: revenue $637.5 million, net income $85.4 million, EPS $0.80 per share. Guidance raised.
“SBA Communications Corporation (Nasdaq: SBAC) (“SBA” or the “Company”) today reported results for the quarter ended September 30, 2023. Highlights of the third quarter include: • Net income of $85.4 million or $0.80 per share • AFFO per share of $3.34 • Site leasing revenue of $637.5 million”
Jeffrey Stoops departed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
“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.”
Brendan Cavanagh changed role as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
“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.”
Marc Montagner was appointed as Executive Vice President & Chief Financial Officer at SBA COMMUNICATIONS CORP.
“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.”
SBA COMMUNICATIONS CORP reported the quarter ended June 30, 2023 results: revenue $626.1 million, net income $202.0 million, EPS $1.87 per share. Guidance raised.
“SBA Communications Corporation (Nasdaq: SBAC) (“SBA” or the “Company”) today reported results for the quarter ended June 30, 2023. Highlights of the second quarter include: • Net income of $202.0 million or $1.87 per share • AFFO per share of $3.24 • Site leasing revenue of $626.1 million”
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 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”
SBA COMMUNICATIONS CORP shareholders approved Advisory vote on compensation of named executive officers at the 2023-05-25 meeting.
“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”
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 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 —”
SBA COMMUNICATIONS CORP shareholders approved Election of Class III Directors at the 2023-05-25 meeting.
“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”
SBA COMMUNICATIONS CORP reported first quarter ended March 31, 2023 results: revenue Site leasing revenue of $617.3 million, net income Net income of $100.6 million, EPS $0.92 per share. Guidance raised.
“SBA Communications Corporation (Nasdaq: SBAC) (“SBA” or the “Company”) today reported results for the quarter ended March 31, 2023. Highlights of the first quarter include: • Net income of $100.6 million or $0.92 per share • AFFO per share of $3.13 • Site leasing revenue of $617.3 million, representing a 10.3% growth over the prior year period • Increased full year outlook for site leasing revenue, adjusted EBITDA, and AFFO”
Fidelma Russo departed as Director at SBA COMMUNICATIONS CORP.
“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”
Duncan H. Cocroft departed as Director at SBA COMMUNICATIONS CORP.
“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.”
Brendan Cavanagh was appointed as Director at SBA COMMUNICATIONS CORP.
“The Board expects to appoint Mr. Cavanagh to the Board concurrently with his assuming the position of President and Chief Executive Officer on January 1, 2024.”
Brendan Cavanagh was appointed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
“Mr. Brendan Cavanagh, currently the Company’s Executive Vice President and Chief Financial Officer, will succeed Mr. Stoops as President and Chief Executive Officer, effective January 1, 2024.”
Jeffrey Stoops was appointed as non-executive Chairman of the Board at SBA COMMUNICATIONS CORP.
“Mr. Stoops shall remain on the Company’s Board of Directors (the “Board”) and, upon his retirement, shall assume the position of non-executive Chairman of the Board.”
Jeffrey Stoops departed as President and Chief Executive Officer at SBA COMMUNICATIONS CORP.
“Mr. Jeffrey Stoops, President and Chief Executive Officer of SBA Communications Corporation (the “Company”), provided notice of his intent to retire from his position as President and Chief Executive Officer on December 31, 2023.”
SBA COMMUNICATIONS CORP amended loan of outstanding principal amount of the mortgage loan was increased by $894.8 million (or by a net of $221.1 million after g with Midland Loan Services, a division of PNC Bank, National Association, as servicer on behalf of the Trustee at 6.599% per annum on the 2022-1C loan component and 7.870% per annum on the 2022- maturing Anticipated repayment date in January 2028, final maturity date in November 2052.
“In connection with the issuance of the 2022 Tower Securities, SBA Properties, LLC, SBA Sites, LLC, SBA Structures, LLC, SBA Infrastructure, LLC, SBA Monarch Towers III, LLC, SBA 2012 TC Assets PR, LLC, SBA 2012 TC Assets, LLC, SBA Towers IV, LLC, SBA Monarch Towers I, LLC, SBA Towers USVI, Inc., SBA GC Towers, LLC, SBA Towers VII, LLC, SBA Towers V, LLC, and SBA Towers VI, LLC (the “ Borrowers ”) and Midland Loan Services, a division of PNC Bank, National Association, as servicer on behalf of the Trustee, entered into a Tenth Loan and Security Agreement Supplement, dated November 23, 2022 (the “ Tenth Loan Supplement ”), which supplemented and amended the Second Amended and Restated Loan and Security Agreement, dated October 15, 2014. Pursuant to the Tenth Loan Supplement, among other things, (1) the outstanding principal amount of the mortgage loan (the “ Mortgage Loan ”) was increased by $894.8 million (or by a net of $221.1 million after giving effect to the prepayment of the 2018-1”
SBA COMMUNICATIONS CORP incurred senior notes of $850.0 million aggregate principal amount of Secured Tower Revenue Securities, Series 2022-1C and $44.8 million principa with Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers at 6.599% per annum on Series 2022-1C and 7.870% per annum on Series 2022-1R maturing Anticipated repayment date in January 2028, final maturity date in November 2052.
“On November 23, 2022, pursuant to the terms of the Purchase Agreement among SBA Senior Finance, LLC an indirect subsidiary of SBA Communications Corporation (the “ Company ”), Deutsche Bank Trust Company Americas, as trustee (the “ Trustee ”), and Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers named on Schedule I thereto (the “ Initial Purchasers ”), SBA Tower Trust (the “ Trust ”), a New York common law trust established by SBA Depositor LLC, an indirect subsidiary of the Company (“ SBA Depositor ”), issued, and the Initial Purchasers purchased, $850.0 million aggregate principal amount of Secured Tower Revenue Securities, Series 2022-1C (the “ 2022-1C Tower Securities ”). The 2022-1C Tower Securities have an anticipated repayment date in January 2028, a final maturity date in November 2052 and an interest rate of 6.599% per annum. To satisfy the applicable risk retentio”
SBA COMMUNICATIONS CORP amended Tenth Loan and Security Agreement Supplement with Midland Loan Services, a division of PNC Bank, National Association valued at $894.8 million (effective 2022-11-23).
“In connection with the issuance of the 2022 Tower Securities, SBA Properties, LLC, SBA Sites, LLC, SBA Structures, LLC, SBA Infrastructure, LLC, SBA Monarch Towers III, LLC, SBA 2012 TC Assets PR, LLC, SBA 2012 TC Assets, LLC, SBA Towers IV, LLC, SBA Monarch Towers I, LLC, SBA Towers USVI, Inc., SBA GC Towers, LLC, SBA Towers VII, LLC, SBA Towers V, LLC, and SBA Towers VI, LLC (the “ Borrowers ”) and Midland Loan Services, a division of PNC Bank, National Association, as servicer on behalf of the Trustee, entered into a Tenth Loan and Security Agreement Supplement, dated November 23, 2022 (the “ Tenth Loan Supplement ”), which supplemented and amended the Second Amended and Restated Loan and Security Agreement, dated October 15, 2014.”
SBA COMMUNICATIONS CORP entered into Purchase Agreement with Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC valued at $850.0 million (effective 2022-11-23).
“On November 23, 2022, pursuant to the terms of the Purchase Agreement among SBA Senior Finance, LLC an indirect subsidiary of SBA Communications Corporation (the “ Company ”), Deutsche Bank Trust Company Americas, as trustee (the “ Trustee ”), and Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers named on Schedule I thereto (the “ Initial Purchasers ”), SBA Tower Trust (the “ Trust ”), a New York common law trust established by SBA Depositor LLC, an indirect subsidiary of the Company (“ SBA Depositor ”), issued, and the Initial Purchasers purchased, $850.0 million aggregate principal amount of Secured Tower Revenue Securities, Series 2022-1C (the “ 2022-1C Tower Securities ”).”
SBA COMMUNICATIONS CORP incurred senior notes of $44.8 million principal amount with SBA Guarantor at 7.870% per annum maturing anticipated repayment date in January 2028, final maturity date in November 2052.
“under the Securities Exchange Act of 1934, as amended (the “Risk Retention Rules”), SBA Guarantor, an affiliate of SBA Depositor (“SBA Guarantor”) also agreed to purchase $44.8 million principal amount of Secured Tower Revenue Securities, Series 2022-1, Subclass 2022-1R (the “2022-1R Tower Securities” and together with the 2022-1C Tower Securities, the “2022”
SBA COMMUNICATIONS CORP incurred senior notes of $850.0 million aggregate principal amount with Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities, LLC and Goldman Sachs & Co. LLC at 6.599% per annum maturing anticipated repayment date in January 2028, final maturity date in November 2052.
“agreed to sell $850.0 million aggregate principal amount of Secured Tower Revenue Securities, Series 2022-1, Subclass 2022-1C (the "2022-1C Tower Securities") to the Initial Purchasers.”
SBA COMMUNICATIONS CORP entered into Purchase Agreement with Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities, LLC and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers valued at $850.0 million aggregate principal amount (effective 2022-11-15).
“On November 15, 2022, SBA Senior Finance, LLC (“SBA Senior Finance”), an indirect subsidiary of SBA Communications Corporation (the “Company”), entered into a Purchase Agreement (the “Purchase Agreement”) among SBA Senior Finance, Deutsche Bank Trust Company Americas, as trustee (the “Trustee”), and Barclays Capital Inc., Citigroup Global Markets Inc., J.P. Morgan Securities, LLC and Goldman Sachs & Co. LLC, as representatives of the several initial purchasers named on Schedule I thereto (the “Initial Purchasers”), pursuant to which SBA Tower Trust, a New York common law trust established by SBA Depositor LLC, an indirect subsidiary of the Company (“SBA Depositor”), agreed to sell $850.0 million aggregate principal amount of Secured Tower Revenue Securities, Series 2022-1, Subclass 2022-1C (the “2022-1C Tower Securities”) to the Initial Purchasers.”
SBA COMMUNICATIONS CORP reported the quarter ended September 30, 2022 results: revenue $675.6 million, net income $99.8 million, EPS $0.91 per share. Guidance raised.
“Highlights of the third quarter include: • Net income of $99.8 million or $0.91 per share • AFFO per share increased 15.1% over the prior year period on a constant currency basis • Total revenue of $675.6 million, representing a 14.6% growth over the prior year period”
Thomas P. Hunt departed as Executive Vice President, Chief Administrative Officer and General Counsel at SBA COMMUNICATIONS CORP.
“Thomas P. Hunt, Executive Vice President, Chief Administrative Officer and General Counsel of the Company provided notice of his intent to retire from his current titles and roles at the Company and all its subsidiaries effective January 1, 2023.”
Kurt L. Bagwell departed as Executive Vice President and President – International at SBA COMMUNICATIONS CORP.
“On June 16, 2022, each of Kurt L. Bagwell, Executive Vice President and President – International of SBA Communications Corporation (the “Company”) and Thomas P. Hunt, Executive Vice President, Chief Administrative Officer and General Counsel of the Company provided notice of his intent to retire from his current titles and roles at the Company and all its subsidiaries effective January 1, 2023.”
Jay L. Johnson was appointed as Director at SBA COMMUNICATIONS CORP.
“On March 28, 2022, SBA Communications Corporation (the “Company”) appointed Jay L. Johnson to the Company’s Board of Directors (the “Board”), effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.