STANDISH TROY 4
4 · NAVIENT CORP · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Navient (NAVI) COO Troy Standish Sells Shares to Cover Taxes
What Happened
Troy Standish, Chief Operating Officer of Navient Corporation (NAVI), had a total of 5,762 shares withheld by the company to satisfy tax withholding related to vested restricted stock units (RSUs). The withholdings occurred across three vesting settlements: 893 shares on Feb 6, 2026 (at $10.05, ~$8,975), 3,059 shares on Feb 7, 2026 (at $10.05, ~$30,743), and 1,810 shares on Feb 9, 2026 (at $10.03, ~$18,154). These are dispositions coded as F (tax withholding) rather than open-market sales.
Key Details
- Transaction dates & prices: Feb 6, 2026 — 893 shares @ $10.05; Feb 7, 2026 — 3,059 shares @ $10.05; Feb 9, 2026 — 1,810 shares @ $10.03. Total value ≈ $57,872.
- Shares withheld: 5,762 shares were withheld by Navient to cover the reporting person's tax obligations upon RSU vesting. (Transaction code F = tax withholding.)
- Holdings after transaction: The filing does not state an explicit total common-stock holding balance for the reporting person. Dividend-equivalent units and 401(k) share equivalents are noted in footnotes.
- Notable footnotes:
- F1/F3/F4: These withholdings relate to RSU settlements from grants made in 2023, 2025, and 2024; each settlement included additional dividend-equivalent shares and the committee-approved withholding to satisfy taxes.
- F2: 1,039.946 dividend-equivalent rights are included in the reported common stock balance.
- F5: Between Nov 28, 2025 and Feb 9, 2026 the reporting person acquired 300.7624 share equivalents under the Navient 401(k) plan.
- Filing: Report filed Feb 10, 2026; the Form 4 lists the Feb 6–9, 2026 transactions.
Context
These transactions are routine tax-withholdings on vested RSUs (code F) and do not represent a discretionary open-market sale by the insider. For retail investors, note that tax-withholdings are standard when equity awards vest and are not necessarily indicative of the insider’s view on the company’s prospects.
Insider Transaction Report
Form 4
NAVIENT CORPNAVI
STANDISH TROY
EVP & Chief Operating Officer
Transactions
- Tax Payment
Common Stock
[F1][F2]2026-02-06$10.05/sh−893$8,975→ 208,325.498 total - Tax Payment
Common Stock
[F3]2026-02-07$10.05/sh−3,059$30,743→ 205,266.498 total - Tax Payment
Common Stock
[F4]2026-02-09$10.03/sh−1,810$18,154→ 203,456.498 total
Holdings
- 15,137.343(indirect: By 401(k))
Common Stock
[F5]
Footnotes (5)
- [F1]As previously reported, on February 6, 2023, the reporting person was granted 5,946 restricted stock units (RSUs) under the Navient Corporation 2014 Omnibus Incentive Plan representing the right to receive shares of Navient Corporation 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, 2026, 1,914 shares of such RSUs were settled and an additional 263.354 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 893 shares were withheld by Navient, as approved by the Navient Compensation and Human Resources Committee, to satisfy the reporting person's tax withholding obligations.
- [F2]Dividend equivalent rights 1,039.9460 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]As previously reported, on February 7, 2025, the reporting person was granted 22,091 RSUs under the Navient Corporation 2024 Omnibus Incentive Plan representing the right to receive shares of Navient Corporation 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 7, 2026, 7,106 shares of such RSUs were settled and an additional 357.451 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 3,059 shares were withheld by Navient, as approved by the Navient Compensation and Human Resources Committee, to satisfy the reporting person's tax withholding obligations.
- [F4]As previously reported, on February 9, 2024, the reporting person was granted 12,507 RSUs under the Navient Corporation 2014 Omnibus Incentive Plan representing the right to receive shares of Navient Corporation 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 9, 2026, 4,031 shares of such RSUs were settled and an additional 383.583 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 1,810 shares were withheld by Navient, as approved by the Navient Compensation and Human Resources Committee, to satisfy the reporting person's tax withholding obligations.
- [F5]Between November 28, 2025, and February 9, 2026, the reporting person acquired 300.7624 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 February 9, 2026.
Signature
/s/ Matthew Sheldon (POA) for Troy Standish|2026-02-10