Form 4 for NAVI NAVIENT CORP
Accepted 2025-02-10 00:00:00 ET · period of report 2025-02-07 · accession 0001127602-25-003889 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-10 | 2025-02-07 | NAVI | MILLS LINDA A | Dir | A - Grant | $13.58 | +17.7K | 177.1K | +11% | +$240.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-02-07 | A | A | 17,673 | $13.58 | 177,092.29 | D | — | — | (F1) Represents a grant of restricted stock to a non-employee director under the Navient Corporation 2024 Omnibus Incentive Plan. The restrictions lift on a quarterly basis subject to continued active service on the Navient Board of Directors as follows: 25% on the grant date (Feb 7, 2025); 25% on May 1, 2025; 25% on August 1, 2025; and 25% on November 1, 2025. (F2) Dividend equivalent rights 351.686 units issued on previously unvested restricted 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) Includes 6,151.7286 shares acquired pursuant to a dividend reinvestment plan exempt from reporting pursuant to Rule 16a-11. |