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Compiled from SEC Form N-PX filings and SBA Communications Corporation’s Form 8-K, filed May 22, 2026 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of May 22, 2026: 5 items on SBA Communications Corporation’s Form 8-K, filed May 22, 2026: 2 approved · 3 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore SBA Communications Corporation in the interactive database Compare manager voting policies
These tallies are SBA Communications Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 22, 2026 (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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Steven E. Bernstein | 90,008,560 | 5,480,418 | 71,521 | -- | 2,476,746 | 94% | Not verified | — |
| Elect Director: Laurie Bowen | 83,368,558 | 10,682,153 | 1,509,788 | -- | 2,476,746 | 89% | Not verified | — |
| Elect Director: Amy E. Wilson | 88,262,822 | 7,226,259 | 71,418 | -- | 2,476,746 | 92% | Not verified | — |
| 2. The compensation of the Company's named executive officers | 88,353,112 | 5,586,172 | 1,621,215 | -- | 2,476,746 | 94% | Approved | — |
| 3. 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 | 6,600,498 | 14,473 | -- | -- | 93% | Approved | — |
Source: SBA Communications Corporation, Form 8-K, filed with the SEC on May 22, 2026 — read the filing on EDGAR.
Each item below shows how the 674 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.
Combines 8 wordings of this item as funds reported it.
92% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Amy E. Wilson
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 May 22, 2026 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 92% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 147 asset managers below reported 46,491,732 for, 1,973,784 against, 10,959 abstained, 91 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,563,769 | 44 | 0 | 0 | For |
| Dodge & Cox | 9,245,200 | 0 | 0 | 0 | For |
| BlackRock | 3,810,656 | 0 | 0 | 0 | For |
| Fidelity | 3,444,578 | 0 | 0 | 0 | For |
| JPMorgan | 2,562,290 | 0 | 0 | 0 | For |
| Cohen & Steers | 2,546,658 | 0 | 0 | 0 | For |
| Invesco | 1,655,994 | 0 | 0 | 0 | For |
| Charles Schwab | 1,547,449 | 0 | 0 | 0 | For |
| State Street | 2,920 | 1,289,419 | 0 | 0 | Against |
| DIAMOND HILL FUNDS | 710,073 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 470,057 | 0 | 0 | 0 | For |
| Jackson National | 377,395 | 73,526 | 0 | 0 | Mixed |
| REAVES UTILITY INCOME FUND | 305,200 | 0 | 0 | 0 | For |
| Thrivent | 301,093 | 0 | 0 | 0 | For |
| Global X | 289,296 | 0 | 0 | 0 | For |
| TIAA | 0 | 207,173 | 0 | 0 | Against |
| Legg Mason | 179,128 | 0 | 0 | 0 | For |
| Dimensional | 163,881 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 161,596 | 0 | 0 | 0 | For |
| Northern Trust | 4,785 | 138,277 | 0 | 0 | Against |
| Neuberger Berman | 130,030 | 0 | 0 | 0 | For |
| Equitable | 78,810 | 50,837 | 0 | 0 | Mixed |
| Brighthouse | 91,928 | 1,182 | 10,959 | 0 | Mixed |
| Bridge Builder Trust | 100,738 | 0 | 0 | 0 | For |
| T. Rowe Price | 0 | 95,873 | 0 | 0 | Against |
Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.
Combines 7 wordings of this item as funds reported it.
89% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Laurie Bowen
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 May 22, 2026 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 89% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 147 asset managers below reported 45,163,237 for, 2,465,101 against, 848,137 abstained, 91 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,563,727 | 73 | 13 | 0 | For |
| Dodge & Cox | 9,245,200 | 0 | 0 | 0 | For |
| BlackRock | 3,810,656 | 0 | 0 | 0 | For |
| Fidelity | 3,444,578 | 0 | 0 | 0 | For |
| JPMorgan | 2,562,290 | 0 | 0 | 0 | For |
| Cohen & Steers | 2,546,658 | 0 | 0 | 0 | For |
| Invesco | 1,655,994 | 0 | 0 | 0 | For |
| Charles Schwab | 1,547,449 | 0 | 0 | 0 | For |
| State Street | 2,920 | 1,289,419 | 0 | 0 | Against |
| DIAMOND HILL FUNDS | 0 | 0 | 710,073 | 0 | Abstain |
| Columbia Threadneedle | 0 | 470,057 | 0 | 0 | Against |
| Jackson National | 377,395 | 73,526 | 0 | 0 | Mixed |
| REAVES UTILITY INCOME FUND | 305,200 | 0 | 0 | 0 | For |
| Thrivent | 301,093 | 0 | 0 | 0 | For |
| Global X | 289,296 | 0 | 0 | 0 | For |
| TIAA | 0 | 207,173 | 0 | 0 | Against |
| Legg Mason | 179,128 | 0 | 0 | 0 | For |
| Dimensional | 163,881 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 161,596 | 0 | 0 | 0 | For |
| Northern Trust | 4,785 | 138,277 | 0 | 0 | Against |
| Neuberger Berman | 130,030 | 0 | 0 | 0 | For |
| Equitable | 53,713 | 50,837 | 25,097 | 0 | Mixed |
| Brighthouse | 92,042 | 1,068 | 10,959 | 0 | Mixed |
| Bridge Builder Trust | 7,513 | 0 | 93,225 | 0 | Mixed |
| T. Rowe Price | 0 | 95,873 | 0 | 0 | Against |
Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.
Combines 7 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Steven E. Bernstein
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 May 22, 2026 (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.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 147 asset managers below reported 47,822,325 for, 643,191 against, 10,959 abstained, 91 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,563,769 | 44 | 0 | 0 | For |
| Dodge & Cox | 9,245,200 | 0 | 0 | 0 | For |
| BlackRock | 3,810,656 | 0 | 0 | 0 | For |
| Fidelity | 3,444,578 | 0 | 0 | 0 | For |
| JPMorgan | 2,562,290 | 0 | 0 | 0 | For |
| Cohen & Steers | 2,546,658 | 0 | 0 | 0 | For |
| Invesco | 1,655,994 | 0 | 0 | 0 | For |
| Charles Schwab | 1,547,449 | 0 | 0 | 0 | For |
| State Street | 1,292,325 | 14 | 0 | 0 | For |
| DIAMOND HILL FUNDS | 710,073 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 0 | 470,057 | 0 | 0 | Against |
| Jackson National | 450,921 | 0 | 0 | 0 | For |
| REAVES UTILITY INCOME FUND | 305,200 | 0 | 0 | 0 | For |
| Thrivent | 301,093 | 0 | 0 | 0 | For |
| Global X | 289,296 | 0 | 0 | 0 | For |
| TIAA | 207,173 | 0 | 0 | 0 | For |
| Legg Mason | 179,128 | 0 | 0 | 0 | For |
| Dimensional | 163,881 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 161,596 | 0 | 0 | 0 | For |
| Northern Trust | 143,062 | 0 | 0 | 0 | For |
| Neuberger Berman | 130,030 | 0 | 0 | 0 | For |
| Equitable | 78,810 | 50,837 | 0 | 0 | Mixed |
| Brighthouse | 92,042 | 1,068 | 10,959 | 0 | Mixed |
| Bridge Builder Trust | 100,738 | 0 | 0 | 0 | For |
| T. Rowe Price | 23,652 | 72,221 | 0 | 0 | Mixed |
Showing the 25 largest of 147 asset managers. See all 147 in the interactive database.
Combines 14 wordings of this item as funds reported it.
94% Approved · of votes cast
Description as filed by funds: Approval, on an advisory basis, of the compensation of SBA's named executive officers.
SBA Communications Corporation’s own tally for this item (“2. The compensation of the Company's named executive officers”): 88,353,112 for, 5,586,172 against — passed, per its Form 8-K filed May 22, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Proposal 2 The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers.”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of SBA Communications Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “SECTION 14A EXECUTIVE COMPENSATION” (4 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,563,759 | 40 | 13 | 0 | For |
| Dodge & Cox | 9,245,200 | 0 | 0 | 0 | For |
| BlackRock | 3,810,656 | 0 | 0 | 0 | For |
| Fidelity | 3,444,578 | 0 | 0 | 0 | For |
| JPMorgan | 2,562,290 | 0 | 0 | 0 | For |
| Cohen & Steers | 2,546,658 | 0 | 0 | 0 | For |
| Invesco | 1,655,994 | 0 | 0 | 0 | For |
| Charles Schwab | 1,547,449 | 0 | 0 | 0 | For |
| State Street | 1,292,339 | 0 | 0 | 0 | For |
| DIAMOND HILL FUNDS | 0 | 0 | 710,073 | 0 | Abstain |
| Columbia Threadneedle | 470,057 | 0 | 0 | 0 | For |
| Jackson National | 450,921 | 0 | 0 | 0 | For |
| REAVES UTILITY INCOME FUND | 305,200 | 0 | 0 | 0 | For |
| Thrivent | 301,093 | 0 | 0 | 0 | For |
| Global X | 287,025 | 2,271 | 0 | 0 | For |
| TIAA | 207,173 | 0 | 0 | 0 | For |
| Legg Mason | 179,128 | 0 | 0 | 0 | For |
| Dimensional | 163,881 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 161,596 | 0 | 0 | 0 | For |
| Northern Trust | 143,062 | 0 | 0 | 0 | For |
| Neuberger Berman | 130,030 | 0 | 0 | 0 | For |
| Equitable | 104,550 | 0 | 25,097 | 0 | Mixed |
| Brighthouse | 92,996 | 114 | 10,959 | 0 | Mixed |
| Bridge Builder Trust | 7,513 | 0 | 93,225 | 0 | Mixed |
| T. Rowe Price | 95,873 | 0 | 0 | 0 | For |
Fund voting reports, all 145 managers: 47,532,461 for, 155,544 against, 848,137 abstained, 91 not voted. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Dodge & Cox | 11,421,064 | 0 | 0 | 0 | For |
| BlackRock | 6,022,114 | 833 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 3,137,882 | 0 | 0 | 0 | For |
| State Street | 3,096,232 | 6,643 | 0 | 0 | For |
| Invesco | 1,909,277 | 0 | 0 | 0 | For |
| Charles Schwab | 1,624,023 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1,285,024 | 0 | 0 | 0 | For |
| Vanguard | 1,126,639 | 0 | 0 | 0 | For |
| Legal & General Investment Management Ltd | 17,287 | 1,108,626 | 0 | 0 | Against |
| NORDEA INVESTMENT MANAGEMENT AB | 0 | 1,024,661 | 0 | 0 | Against |
| RUSH ISLAND MANAGEMENT, LP | 978,390 | 0 | 0 | 0 | For |
| First Sentier Investors (Australia) IM Ltd | 939,121 | 0 | 0 | 0 | For |
| CANADA PENSION PLAN INVESTMENT BOARD | 907,828 | 0 | 0 | 0 | For |
| Northern Trust | 832,451 | 0 | 0 | 0 | For |
| Woodline Partners LP | 754,774 | 0 | 0 | 0 | For |
| Diamond Hill Capital Management, LLC (Investment Advisor) | 0 | 3,040 | 676,642 | 0 | Abstain |
| EARNEST PARTNERS LLC | 670,306 | 0 | 0 | 0 | For |
| Fidelity | 623,869 | 0 | 0 | 0 | For |
| Goldman Sachs | 553,874 | 0 | 0 | 0 | For |
| Permit Capital, LLC | 540,912 | 0 | 0 | 0 | For |
| UBS | 526,825 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 502,508 | 0 | 0 | 0 | For |
| Amundi | 0 | 474,594 | 0 | 0 | Against |
| Cohen & Steers | 414,471 | 0 | 0 | 0 | For |
| T. Rowe Price | 346,490 | 0 | 0 | 0 | For |
Institutional-manager reports, all 560 managers: 49,693,046 for, 4,447,088 against, 54,326 withheld, 777,791 abstained, 29,014 not voted. Showing the 25 largest; see all in the interactive database.
Combines 5 wordings of this item as funds reported it.
93% Approved · of votes cast
Description as filed by funds: Ratification of the appointment of Ernst & Young LLP as SBA's independent registered public accounting firm for the 2026 fiscal year.
SBA Communications Corporation’s own tally for this item (“3. 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 — passed, per its Form 8-K filed May 22, 2026 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “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.”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 148 asset managers below reported 48,484,085 for, 48,834 against, 10,959 abstained, 91 not voted.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,550,764 | 13,049 | 0 | 0 | For |
| Dodge & Cox | 9,245,200 | 0 | 0 | 0 | For |
| BlackRock | 3,810,048 | 608 | 0 | 0 | For |
| Fidelity | 3,444,578 | 0 | 0 | 0 | For |
| JPMorgan | 2,562,290 | 0 | 0 | 0 | For |
| Cohen & Steers | 2,546,658 | 0 | 0 | 0 | For |
| Invesco | 1,655,994 | 0 | 0 | 0 | For |
| Charles Schwab | 1,547,449 | 0 | 0 | 0 | For |
| State Street | 1,292,325 | 14 | 0 | 0 | For |
| DIAMOND HILL FUNDS | 710,073 | 0 | 0 | 0 | For |
| Columbia Threadneedle | 470,057 | 0 | 0 | 0 | For |
| Jackson National | 450,921 | 0 | 0 | 0 | For |
| REAVES UTILITY INCOME FUND | 305,200 | 0 | 0 | 0 | For |
| Thrivent | 301,093 | 0 | 0 | 0 | For |
| Global X | 289,296 | 0 | 0 | 0 | For |
| TIAA | 207,173 | 0 | 0 | 0 | For |
| Legg Mason | 179,128 | 0 | 0 | 0 | For |
| Dimensional | 163,881 | 0 | 0 | 0 | For |
| MASTER INVESTMENT PORTFOLIO | 161,596 | 0 | 0 | 0 | For |
| Northern Trust | 143,062 | 0 | 0 | 0 | For |
| Neuberger Berman | 130,030 | 0 | 0 | 0 | For |
| Equitable | 129,647 | 0 | 0 | 0 | For |
| Brighthouse | 92,996 | 114 | 10,959 | 0 | Mixed |
| Bridge Builder Trust | 100,738 | 0 | 0 | 0 | For |
| T. Rowe Price | 95,873 | 0 | 0 | 0 | For |
Showing the 25 largest of 148 asset managers. See all 148 in the interactive database.
Not shown here: this season’s fund filings also report 1 item from the meeting of May 23, 2025, which belongs to the 2024-2025 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 106,063,000 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 15.62% |
| 2 | Dodge & Cox | 8.72% |
| 3 | BlackRock | 3.59% |
| 4 | Fidelity | 3.25% |
| 5 | JPMorgan | 2.42% |
| 6 | Cohen & Steers | 2.40% |
| 7 | Invesco | 1.56% |
| 8 | Charles Schwab | 1.46% |
| 9 | State Street | 1.22% |
| 10 | DIAMOND HILL FUNDS | 0.67% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Dodge & Cox | 10.77% |
| 2 | BlackRock | 5.68% |
| 3 | GEODE CAPITAL MANAGEMENT, LLC | 2.96% |
| 4 | State Street | 2.93% |
| 5 | Invesco | 1.80% |
| 6 | Charles Schwab | 1.53% |
| 7 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.21% |
| 8 | Vanguard | 1.06% |
| 9 | Legal & General Investment Management Ltd | 1.06% |
| 10 | NORDEA INVESTMENT MANAGEMENT AB | 0.97% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| 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 March 31, 2026 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), 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 March 31, 2026. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At SBA Communications Corporation's shareholder meeting held May 22, 2026, in the 2025-2026 proxy season, 674 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 4,330 separate fund positions. On the most widely held item on that ballot — Approval, on an advisory basis, of the compensation of SBA's named executive officers. — SBA Communications Corporation's filing reports the proposal as approved, with 94% support 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). Source: SBA Communications Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 22, 2026.
SBA Communications Corporation proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).
Download data (CSV): ballot items · votes by manager · column guide.