4//SEC Filing
KANE JOHN M 4
Accession 0001127602-24-004038
CIK 0001593538other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:57 PM ET
Size
6.3 KB
Accession
0001127602-24-004038
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
KANE JOHN M
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2024-02-06$15.96/sh−4,282$68,341→ 475,855.971 total
Holdings
- 9,079.815(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]As previously reported, on February 6, 2023, the reporting person was granted 29,069 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, 9,689 shares of such RSUs were settled and an additional 358 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 4,282 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 5.3072. The information in this report is based on the reporting person's actual account balance as of February 6, 2024.
Documents
Issuer
NAVIENT CORP
CIK 0001593538
Entity typeother
Related Parties
1- filerCIK 0001605711
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:57 PM ET
- Size
- 6.3 KB