Palmer Kerri A. 4
4 · SLM Corp · Filed Feb 19, 2025
Insider Transaction Report
Form 4
SLM CorpSLM
Palmer Kerri A.
EVP, Chief Operational Officer
Transactions
- Tax Payment
Common Stock
2025-02-16$31.43/sh−2,695$84,704→ 175,779.696 total - Tax Payment
Common Stock
2025-02-17$31.43/sh−3,150$99,005→ 172,629.696 total - Tax Payment
Common Stock
2025-02-17$31.43/sh−13,312$418,396→ 159,317.696 total
Footnotes (4)
- [F1]On February 16, 2024, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of Common Stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on February 16, 2025, 2026, and 2027. On February 16, 2025, 8,458 shares vested in connection with these RSUs, of which 2,695 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F2]Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.
- [F3]On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2025, 10,215 shares vested in connection with these RSUs, of which 3,150 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F4]On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2025, 34,050 shares vested in connection with these RSUs, of which 13,312 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.