4//SEC Filing
STANDISH TROY 4
Accession 0001127602-25-015747
CIK 0001593538other
Filed
May 26, 8:00 PM ET
Accepted
May 27, 9:46 PM ET
Size
6.6 KB
Accession
0001127602-25-015747
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
STANDISH TROY
EVP & Chief Operating Officer
Transactions
- Tax Payment
Common Stock
2025-05-23$13.25/sh−1,057$14,005→ 206,936.44 total
Holdings
- 14,463.938(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]As previously reported, on May 23, 2024, the reporting person was granted 7,697 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 May 23, 2025, 2,481 shares of such RSUs were settled and an additional 114.565 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 1,057 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]Dividend equivalent rights 1,024.3927 issued on RSUs 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.
- [F3]Between March 3, 2025, and May 23, 2025, the reporting person acquired 167.2839 share equivalents of Navient common stock under the Navient 401(k) Savings Plan. The information in this report is based on the reporting person's actual account balance as of May 23, 2025.
Documents
Issuer
NAVIENT CORP
CIK 0001593538
Entity typeother
Related Parties
1- filerCIK 0002042058
Filing Metadata
- Form type
- 4
- Filed
- May 26, 8:00 PM ET
- Accepted
- May 27, 9:46 PM ET
- Size
- 6.6 KB