Offerings // SBA COMMUNICATIONS CORP

SBAC offering history

Every offering-related filing in SBA COMMUNICATIONS CORP’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 1,003 filings back to Mar 6, 2014.

Last executed offering

Jul 16, 2026

424B2 — priced deal (shares or notes)

Last registration (announced)

Feb 29, 2024

S-3ASR — capacity, not a sale

Executed, last 12 months

424B pricings + 8-K 3.02 sales

Registered, last 12 months

S-1/S-3/F-series registrations

Date	Filing		What it means
Jul 16, 2026	424B2 →	EXECUTED	Prospectus supplement priced — shares or notes (large filers: often a bond deal)
Jul 15, 2026	FWP →	MARKETING	Free-writing prospectus — offering being marketed
Jul 13, 2026	424B5 →	EXECUTED	Shelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Feb 29, 2024	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)
Dec 17, 2021	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Dec 17, 2021	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Feb 26, 2021	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)
Nov 18, 2020	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Nov 16, 2020	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jun 11, 2018	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
Jun 11, 2018	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Mar 5, 2018	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)
May 31, 2017	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
May 31, 2017	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jan 18, 2017	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Jan 18, 2017	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
May 21, 2015	424B3 →	UPDATE	Prospectus update — often a resale registration, not necessarily new capital
May 18, 2015	EFFECT →	EFFECTIVE	SEC declared a registration effective — selling can begin
Mar 3, 2015	S-3ASR →	REGISTERED	Automatic shelf registration — effective immediately (large filers)

SBAC offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full SBAC workspace →

SBAC offering FAQ

When did SBAC last execute an offering?

Per SEC filings, SBA COMMUNICATIONS CORP's most recent priced offering document is a 424B2 filed 2026-07-16. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did SBAC last announce or register an offering?

The most recent registration is a S-3ASR filed 2024-02-29. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.