ARNOLD FREDERICK 4
4 · NAVIENT CORP · Filed Feb 10, 2025
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
ARNOLD FREDERICK
Director
Transactions
- Award
Common Stock
2025-02-07$13.58/sh+10,309$139,996→ 80,680.932 total
Footnotes (2)
- [F1]Represents a grant of restricted stock to a non-employee director under the Navient Corporation 2024 Omnibus Incentive Plan. The restrictions lift on a quarterly basis subject to continued active service on the Navient Board of Directors as follows: 25% on the grant date (Feb 7, 2025); 25% on May 1, 2025; 25% on August 1, 2025; and 25% on November 1, 2025.
- [F2]Dividend equivalent rights 132.932 units issued on previously unvested restricted are included in the reporting person's common stock holding balance. Each dividend equivalent right is the economic equivalent of one share of Navient Corporation common stock.