Anna Escobedo Cabral - 01 Jan 2025 Form 4 Insider Report for NAVIENT CORP (NAVI)

Role
Director
Signature
/s/ Elizabeth Han (POA) for Anna Escobedo Cabral
Issuer symbol
NAVI
Transactions as of
01 Jan 2025
Net transactions value
+$155,374
Form type
4
Filing time
23 Jan 2025, 16:13:42 UTC
Previous filing
01 Jul 2024
Next filing
10 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAVI Common Stock Options Exercise $155,374 +11,691 +24% $13.29 61,009 01 Jan 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NAVI Phantom Stock Units Options Exercise $0 -11,691 -18% $0.000000 51,602 01 Jan 2025 Common Stock 11,691 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 1, 2025, the reporting person received a distribution of 11,691.0451 shares of Navient common stock from the Navient Corporation Deferred Compensation Plan for Directors in settlement of an equal number of phantom stock units held pursuant to the Plan. A fractional share of the reporting person's phantom stock units (0.0451) were settled in cash.
F2 Dividends (2,587.7382 units) accrued on phantom stock units pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors are included in the reporting person's holding balance.

Remarks:

Exhibit 24 - Power of Attorney