Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
+146,736
% of shares
11.49%
Amount (USD)
$353,307
Insider confidence score
97.5 out of 100
Positive
Security
Common Stock
Action
Grant
Date
2026-03-02
Code
A
Net shares
+165,147.0
Acquired/Disposed
Acquired
Shares Owned Before
1,277,141.693
Shares Owned After
1,442,288.693
Security
Common Stock
Action
Tax_withhold
Date
2026-03-03
Code
F
Net shares
-18,411.0
Price per Share
$19.19
Amount (USD)
$353,307.09
Acquired/Disposed
Disposed
Shares Owned Before
1,442,288.693
Shares Owned After
1,423,877.693
1. A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2021 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of SLM Corporation (the "Company") Common Stock. Subject to continuing employment, these RSUs vest in one-third increments on March 2, 2027, 2028, and 2029.
2. Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.
3. On March 3, 2025, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on March 3, 2026, 2027, and 2028. On March 3, 2026, 36,747 shares vested in connection with these RSUs, of which 18,411 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.