4//SEC Filing
YOWAN DAVID L. 4
Accession 0001127602-25-018996
CIK 0001593538other
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 6:42 PM ET
Size
5.7 KB
Accession
0001127602-25-018996
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
YOWAN DAVID L.
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2025-07-03$14.82/sh−23,501$348,285→ 560,567.786 total
Footnotes (2)
- [F1]As previously reported, on July 3, 2024, the reporting person was granted 110,957 restricted stock units ("RSUs") under the Navient Corporation 2024 Omnibus Incentive Plan (the "Plan") representing the right to receive shares of Navient Corporation ("Navient") common stock in the future, which vest in one-half increments on each of the first and second anniversaries of the grant date. On July 3, 2025, 55,478 shares of such RSUs were settled and an additional 2,547.390 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 23,501 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 10,873.311 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.
Documents
Issuer
NAVIENT CORP
CIK 0001593538
Entity typeother
Related Parties
1- filerCIK 0001702781
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 6:42 PM ET
- Size
- 5.7 KB