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4//SEC Filing

HELEEN MARK L 4

Accession 0001127602-24-004036

CIK 0001593538other

Filed

Feb 7, 7:00 PM ET

Accepted

Feb 8, 4:55 PM ET

Size

6.3 KB

Accession

0001127602-24-004036

Insider Transaction Report

Form 4
Period: 2024-02-06
HELEEN MARK L
EVP & Chief Legal Officer
Transactions
  • Tax Payment

    Common Stock

    2024-02-06$15.96/sh3,110$49,636373,991.932 total
Holdings
  • Common Stock

    (indirect: By 401(k))
    11,203.695
Footnotes (2)
  • [F1]As previously reported, on February 6, 2023, the reporting person was granted 21,540 restricted stock units ("RSUs") under the Navient Corporation 2014 Omnibus Incentive Plan (the "Plan") representing the right to receive shares of Navient Corporation ("Navient") common stock in the future, which vest in one-third increments on each of the first, second and third anniversaries of the grant date. On February 6, 2024, 7,180 shares of such RSUs were settled and an additional 268 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 3,110 shares were withheld by Navient, as approved by the Navient Compensation and Human Resources Committee (the "Committee"), to satisfy the reporting person's tax withholding obligations.
  • [F2]Between February 2, 2024, and February 6, 2024, the reporting person's share equivalents of Navient common stock under the Navient 401(k) Savings Plan decreased by 6.5486. The information in this report is based on the reporting person's actual account balance as of February 6, 2024.

Issuer

NAVIENT CORP

CIK 0001593538

Entity typeother

Related Parties

1
  • filerCIK 0001451729

Filing Metadata

Form type
4
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:55 PM ET
Size
6.3 KB