Jafarieh Nicolas 4

What Happened Nicolas Jafarieh, Executive Vice President – Legal, Government & Communications at SLM Corp (SLM), reported two gift dispositions on May 1, 2026: 1,098 shares and 4,390 shares (both recorded at $0.00), for a total of 5,488 shares gifted. These were reported on a Form 4 filed May 5, 2026 (Accession No. 0001628280-26-030480). Because these were gifts (code G) and not sales for cash, they do not necessarily indicate the insider’s view of the company’s stock.

Key Details

• Transaction date: 2026-05-01 (two gifts: 1,098 shares and 4,390 shares)
• Transaction code: G (gift); Price per share reported: $0.00; Total shares gifted: 5,488
• Form 4 filed: 2026-05-05 (timely filed within required reporting window)
• Footnote F1: Includes Dividend Equivalent Units related to restricted stock units held by the reporting person
• Shares owned after transaction: not disclosed in the provided excerpt; see full Form 4 (accession 0001628280-26-030480) for holdings

Context Gifts are a disposition type used for transfers such as estate planning or charitable contributions and typically do not reflect a direct cash sale or immediate market view. For retail investors, purchases and open-market sales usually carry clearer signals than gifts; treat this filing as an administrative transfer unless additional context appears in other filings.