Form 4 for NAVI NAVIENT CORP

Accepted 2025-01-02 00:00:00 ET · period of report 2024-12-31 · accession 0001127602-25-000135 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2025-01-02	2024-12-31	NAVI	YOWAN DAVID L.	Pres, CEO, Dir	F - Tax	$13.29	-23.8K	573.2K	-4%	-$315.7K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-12-31	F	D	23,757	$13.29	573,195.48	D	—	—	(F1) As previously reported, on May 15, 2023, the reporting person was granted 105,890 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 50% on the first anniversary of the grant date (May 15, 2024) and 50% on December 31, 2024. On December 31, 2024, 52,945 shares of such RSUs were settled and an additional 3,703.575 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 23,757 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 (10,691.2207) 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.