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SBA Communications Corporation 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and SBA Communications Corporation’s Form 8-K, filed 2026-05-22 (Item 5.07 on EDGAR). Page generated 04 October 2026.

  • 8Reported items
  • 676Asset managers
  • 4,308Fund votes
  • 2026-05-22Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore SBA Communications Corporation in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by SBA Communications Corporation

These tallies are SBA Communications Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-05-22 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

SBA Communications Corporation — official shareholder meeting results, meeting held 2026-05-22
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Steven E. Bernstein 90,008,5605,480,41871,521 --2,476,746 Majority: yes
Elect Director: Laurie Bowen 83,368,55810,682,1531,509,788 --2,476,746 Majority: yes
Elect Director: Amy E. Wilson 88,262,8227,226,25971,418 --2,476,746 Majority: yes
Proposal 2 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers. 88,353,1125,586,1721,621,215 --2,476,746 Majority: yes
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. 91,422,2746,600,49814,473 ---- Majority: yes

Source: SBA Communications Corporation, Form 8-K, filed with the SEC on 2026-05-22 — read the filing on EDGAR.

How asset managers voted at the SBA Communications Corporation 2025-2026 meeting

Each item below shows how the 676 asset managers that disclosed a SBA Communications Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of SBA Communications Corporation’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval, on an advisory basis, of the compensation of SBA's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 14 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 88,353,112AGAINST: 5,586,172

SBA Communications Corporation’s own tally for this item (“Proposal 2 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers.”): 88,353,112 for, 5,586,172 against, per its Form 8-K filed 2026-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 83% for, 5% against (89% of the company cast a for/against vote).

The 666 asset managers below cast 95% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 94%
FOR: 93.8%AGAINST: 4.5%ABSTAIN: 1.6%NOT VOTED: 0.0%
Largest asset managers voting on “Approval, on an advisory basis, of the compensation of SBA's named executive officers.” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Dodge & Cox20,666,2640 00For
Vanguard17,690,39840 130For
BlackRock9,832,770833 00For
Fidelity4,068,4470 00For
Invesco3,565,2710 00For
Charles Schwab3,171,4730 00For
GEODE CAPITAL MANAGEMENT, LLC3,137,8820 00For
State Street3,069,2946,643 00For
Cohen & Steers2,961,1290 00For
JPMorgan2,656,7520 00For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1,285,0240 00For
Legal & General Investment Management Ltd17,2871,108,626 00Against
NORDEA INVESTMENT MANAGEMENT AB01,024,661 00Against
RUSH ISLAND MANAGEMENT, LP978,3900 00For
Northern Trust975,5130 00For
First Sentier Investors (Australia) IM Ltd939,1210 00For
CANADA PENSION PLAN INVESTMENT BOARD907,8280 00For
Woodline Partners LP754,7740 00For
DIAMOND HILL FUNDS00 710,0730Abstain
Diamond Hill Capital Management, LLC (Investment Advisor)03,040 676,6420Abstain
EARNEST PARTNERS LLC670,3060 00For
Goldman Sachs629,7160 8,7700For
Thrivent620,0060 00For
Permit Capital, LLC540,9120 00For
UBS526,8250 00For

Showing the 25 largest of 666 asset managers. See all 666 in the interactive database.

2. Ratification of the appointment of Ernst & Young LLP as SBA's independent registered public accounting firm for the 2026 fiscal year.

AUDIT-RELATEDMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 5 wordings of this item as funds reported it.

93% Majority: yes · of votes cast

FOR 93%
FOR: 91,422,274AGAINST: 6,600,498

SBA Communications Corporation’s own tally for this item (“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.”): 91,422,274 for, 6,600,498 against, per its Form 8-K filed 2026-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 86% for, 6% against (92% of the company cast a for/against vote).

The 148 asset managers below cast 99.8% of the shares they voted on this item FOR (48,470,342 for, 48,834 against).

FOR 99.8%
FOR: 48,470,342 (99.9%)AGAINST: 48,834 (0.1%)ABSTAIN: 10,959 (0.0%)NOT VOTED: 91 (0.0%)
Largest asset managers voting on “Ratification of the appointment of Ernst & Young LLP as SBA's independent registered public accounting firm fo” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard16,550,76413,049 00For
Dodge & Cox9,245,2000 00For
BlackRock3,810,048608 00For
Fidelity3,444,5780 00For
JPMorgan2,562,2900 00For
Cohen & Steers2,546,6580 00For
Invesco1,655,9940 00For
Charles Schwab1,547,4490 00For
State Street1,292,32514 00For
DIAMOND HILL FUNDS710,0730 00For
Columbia Threadneedle470,0570 00For
Jackson National450,9210 00For
REAVES UTILITY INCOME FUND305,2000 00For
Thrivent301,0930 00For
Global X289,2960 00For
TIAA207,1730 00For
Legg Mason179,1280 00For
Dimensional163,8810 00For
MASTER INVESTMENT PORTFOLIO161,5960 00For
Northern Trust143,0620 00For
Neuberger Berman130,0300 00For
Equitable129,6470 00For
Brighthouse92,996114 10,9590For
Bridge Builder Trust100,7380 00For
T. Rowe Price95,8730 00For

Showing the 25 largest of 148 asset managers. See all 148 in the interactive database.

3. Election of Directors: Amy E. Wilson

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 8 wordings of this item as funds reported it.

92% Majority: yes · of votes cast

FOR 92%8%
FOR: 88,262,822AGAINST: 7,226,259

SBA Communications Corporation’s own tally for this item (“Elect Director: Amy E. Wilson”): 88,262,822 for, 7,226,259 against, per its Form 8-K filed 2026-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 83% for, 7% against (90% of the company cast a for/against vote).

The 147 asset managers below cast 96% of the shares they voted on this item FOR (46,482,122 for, 1,969,651 against).

FOR 96%
FOR: 46,482,122 (95.9%)AGAINST: 1,969,651 (4.1%)ABSTAIN: 10,959 (0.0%)NOT VOTED: 91 (0.0%)
Largest asset managers voting on “Election of Directors: Amy E. Wilson” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard16,563,76944 00For
Dodge & Cox9,245,2000 00For
BlackRock3,810,6560 00For
Fidelity3,444,5780 00For
JPMorgan2,562,2900 00For
Cohen & Steers2,546,6580 00For
Invesco1,655,9940 00For
Charles Schwab1,547,4490 00For
State Street2,9201,289,419 00Against
DIAMOND HILL FUNDS710,0730 00For
Columbia Threadneedle470,0570 00For
Jackson National377,39573,526 00For
REAVES UTILITY INCOME FUND305,2000 00For
Thrivent301,0930 00For
Global X289,2960 00For
TIAA0207,173 00Against
Legg Mason179,1280 00For
Dimensional163,8810 00For
MASTER INVESTMENT PORTFOLIO161,5960 00For
Northern Trust4,785138,277 00Against
Neuberger Berman130,0300 00For
Equitable78,81050,837 00For
Brighthouse91,9281,182 10,9590For
Bridge Builder Trust100,7380 00For
T. Rowe Price095,873 00Against

Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.

4. Election of Directors: Laurie Bowen

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 7 wordings of this item as funds reported it.

89% Majority: yes · of votes cast

FOR 89%11%
FOR: 83,368,558AGAINST: 10,682,153

SBA Communications Corporation’s own tally for this item (“Elect Director: Laurie Bowen”): 83,368,558 for, 10,682,153 against, per its Form 8-K filed 2026-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 79% for, 10% against (89% of the company cast a for/against vote).

The 147 asset managers below cast 95% of the shares they voted on this item FOR (45,153,627 for, 2,460,968 against).

FOR 93%
FOR: 45,153,627 (93.2%)AGAINST: 2,460,968 (5.1%)ABSTAIN: 848,137 (1.8%)NOT VOTED: 91 (0.0%)
Largest asset managers voting on “Election of Directors: Laurie Bowen” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard16,563,72773 130For
Dodge & Cox9,245,2000 00For
BlackRock3,810,6560 00For
Fidelity3,444,5780 00For
JPMorgan2,562,2900 00For
Cohen & Steers2,546,6580 00For
Invesco1,655,9940 00For
Charles Schwab1,547,4490 00For
State Street2,9201,289,419 00Against
DIAMOND HILL FUNDS00 710,0730Abstain
Columbia Threadneedle0470,057 00Against
Jackson National377,39573,526 00For
REAVES UTILITY INCOME FUND305,2000 00For
Thrivent301,0930 00For
Global X289,2960 00For
TIAA0207,173 00Against
Legg Mason179,1280 00For
Dimensional163,8810 00For
MASTER INVESTMENT PORTFOLIO161,5960 00For
Northern Trust4,785138,277 00Against
Neuberger Berman130,0300 00For
Equitable53,71350,837 25,0970For
Brighthouse92,0421,068 10,9590For
Bridge Builder Trust7,5130 93,2250Abstain
T. Rowe Price095,873 00Against

Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.

5. Election of Directors: Steven E. Bernstein

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2026-05-22.

Combines 7 wordings of this item as funds reported it.

94% Majority: yes · of votes cast

FOR 94%
FOR: 90,008,560AGAINST: 5,480,418

SBA Communications Corporation’s own tally for this item (“Elect Director: Steven E. Bernstein”): 90,008,560 for, 5,480,418 against, per its Form 8-K filed 2026-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 85% for, 5% against (90% of the company cast a for/against vote).

The 147 asset managers below cast 99% of the shares they voted on this item FOR (47,808,582 for, 643,191 against).

FOR 99%
FOR: 47,808,582 (98.7%)AGAINST: 643,191 (1.3%)ABSTAIN: 10,959 (0.0%)NOT VOTED: 91 (0.0%)
Largest asset managers voting on “Election of Directors: Steven E. Bernstein” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard16,563,76944 00For
Dodge & Cox9,245,2000 00For
BlackRock3,810,6560 00For
Fidelity3,444,5780 00For
JPMorgan2,562,2900 00For
Cohen & Steers2,546,6580 00For
Invesco1,655,9940 00For
Charles Schwab1,547,4490 00For
State Street1,292,32514 00For
DIAMOND HILL FUNDS710,0730 00For
Columbia Threadneedle0470,057 00Against
Jackson National450,9210 00For
REAVES UTILITY INCOME FUND305,2000 00For
Thrivent301,0930 00For
Global X289,2960 00For
TIAA207,1730 00For
Legg Mason179,1280 00For
Dimensional163,8810 00For
MASTER INVESTMENT PORTFOLIO161,5960 00For
Northern Trust143,0620 00For
Neuberger Berman130,0300 00For
Equitable78,81050,837 00For
Brighthouse92,0421,068 10,9590For
Bridge Builder Trust100,7380 00For
T. Rowe Price23,65272,221 00Against

Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.

6. SECTION 14A EXECUTIVE COMPENSATION

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2026-05-22.

94% Majority: yes · of votes cast

FOR 94%
FOR: 88,353,112AGAINST: 5,586,172

SBA Communications Corporation’s own tally for this item (“Proposal 2 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers.”): 88,353,112 for, 5,586,172 against, per its Form 8-K filed 2026-05-22 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 83% for, 5% against (89% of the company cast a for/against vote).

The 4 asset managers below cast 100% of the shares they voted on this item FOR (3,137 for, 0 against).

FOR 99.9%
FOR: 3,137 (99.9%)ABSTAIN: 3 (0.1%)
Largest asset managers voting on “SECTION 14A EXECUTIVE COMPENSATION” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Elevation Series Trust2,4030 00For
Inlet Private Wealth, LLC7000 00For
Palisades Hudson Asset Management, L.P.340 00For
LEAVELL INVESTMENT MANAGEMENT, INC.00 30Abstain

7. Director Elections

DIRECTOR ELECTIONS

Meeting held 2026-05-22.

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (62 for, 0 against).

FOR: 62 (100.0%)
Largest asset managers voting on “Director Elections” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Members Trust Co530 00For
Ballew Advisors, Inc90 00For

8. Advisory Vote on Executive Compensation

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2025-05-23 (outside the 2025-2026 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 92,881,987AGAINST: 4,715,401

SBA Communications Corporation’s own tally for this item (“Proposal 3 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers.”): 92,881,987 for, 4,715,401 against, per its Form 8-K filed 2025-05-23 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 106,063,000 outstanding shares: 88% for, 4% against (92% of the company cast a for/against vote).

The 2 asset managers below cast 95% of the shares they voted on this item FOR (123,397 for, 6,073 against).

FOR 95%
FOR: 123,397 (95.3%)AGAINST: 6,073 (4.7%)
Largest asset managers voting on “Advisory Vote on Executive Compensation” at SBA Communications Corporation, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Investment Management Corp of Ontario123,3970 00For
OSSIAM06,073 00Against

Largest SBA Communications Corporation shareholders voting in 2025-2026

Ranked by the number of SBA Communications Corporation shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 106,063,000 shares outstanding at the time of that meeting.

Top SBA Communications Corporation shareholders by shares voted, 2025-2026
#Asset manager % of shares outstanding
1Dodge & Cox 19.48%
2Vanguard 16.68%
3BlackRock 9.27%
4Fidelity 3.84%
5Invesco 3.36%
6Charles Schwab 2.99%
7GEODE CAPITAL MANAGEMENT, LLC 2.96%
8State Street 2.90%
9Cohen & Steers 2.79%
10JPMorgan 2.51%

Reported SBA Communications Corporation ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

SBA Communications Corporation beneficial owners on record for the 2025-2026 proxy season
Holder % outstanding Disclosure
Vanguard Group 16.88% 13F
BlackRock 9.54% 13F
Vanguard Portfolio Management 9.16% 13G
State Street 4.68% 13F
JPMorgan Chase 3.69% 13F
Invesco 1.85% 13F
Dimensional Fund Advisors 1.52% 13F
Charles Schwab 1.49% 13F
Morgan Stanley 1.30% 13F
Northern Trust 0.93% 13F

Percentages above are of 106,063,000 shares outstanding, as reported by SBA Communications Corporation on its Form 10-Q dated 2026-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from SBA Communications Corporation’s 10-Q dated 2026-03-31. This page is a static snapshot rebuilt weekly on 04 October 2026; a live search always shows the current data.

At SBA Communications Corporation's shareholder meeting held 2026-05-22, in the 2025-2026 proxy season, 676 asset managers reported how they voted in their SEC Form N-PX filings, covering 4,308 separate fund positions. Their filings are grouped here into 8 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approval, on an advisory basis, of the compensation of SBA's named executive officers. — FOR was 94% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: SBA Communications Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-05-22.

SBA Communications Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).