Key facts
- This page summarizes John M. Kane's Form 4 filing for NAVIENT CORP (NAVI).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Jan 2022, 15:19.
John M. Kane - 03 Jan 2022 Form 4 Insider Report for NAVIENT CORP (NAVI)
- Reporting relationship
- EVP & Group President
- Issuer ticker
- NAVI
- Reported as of
- 03 Jan 2022
- Net transaction value
- -$661,018
- SEC form
- 4
- Accepted by SEC
- 05 Jan 2022, 15:19:30 UTC
- Next SEC filing
- 08 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Kurt T. Slawson (POA) for John M. Kane
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John M. Kane filed Form 4 for NAVIENT CORP (NAVI) on 05 Jan 2022.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$661,018.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NAVI
transaction
Common Stock
Options Exercise
- Transaction value
- $1,668,837
- Shares
- +107,806
- Change %
- +19%
- Price
- $15.48
- Shares after
- 668,962
- Date
- 03 Jan 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3
NAVI
transaction
Common Stock
Tax liability
- Transaction value
- $1,890,701
- Shares
- -87,290
- Change %
- -13%
- Price
- $21.66
- Shares after
- 581,672
- Date
- 03 Jan 2022
- Ownership
- Direct
- Footnotes
- F1
NAVI
transaction
Common Stock
Sale
- Transaction value
- $439,153
- Shares
- -20,516
- Change %
- -3.5%
- Price
- $21.41
- Shares after
- 561,156
- Date
- 03 Jan 2022
- Ownership
- Direct
- Footnotes
- F4
NAVI
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 6,946
- Date
- 03 Jan 2022
- Ownership
- By 401(k)
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NAVI
transaction
Derivative
Stock Option (Right to Buy)
Options Exercise
- Transaction value
- $0
- Shares
- -107,806
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 03 Jan 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 107,806
- Exercise price
- $15.48
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
These transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and represent exercises of stock options set to expire on February 6, 2022.
Footnote F2
Dividend equivalent rights (7,500.3485 units) issued on restricted stock units and performance stock units ("PSUs") are included in the reporting person's common stock holding balance.
Footnote F3
The reporting person's common stock balance includes 764 shares acquired under the Navient Corporation Employee Stock Purchase Plan.
Footnote F4
Represents the weighted average price per share of stock sold by the reporting person between $21.40 and $21.4250. The reporting person undertakes to provide to Navient Corporation, any security holder of Navient Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Footnote F5
Between March 4, 2021, and January 3, 2022, the reporting person acquired 204.2827 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 January 3, 2022.