Munish Pahwa - Jun 30, 2024 Form 4 Insider Report for SLM Corp (SLM)

Role: Chief Risk Officer
Signature: /s/ Jeffrey Lipschutz (POA) for Munish Pahwa
Stock symbol: SLM
Transactions as of: Jun 30, 2024
Transactions value $: -$26,611
Form type: 4
Date filed: 7/2/2024, 04:15 PM
Previous filing: May 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLM	Common Stock	Tax liability	-$26.6K	-1.28K	-1.7%	$20.79	74.1K	Jun 30, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 30, 2021, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of Common Stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on June 30, 2022, 2023, and 2024. On June 30, 2024, 3,428 shares vested in connection with these RSUs, of which 1,280 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
F2	Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.

Content

On June 30, 2021, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of Common Stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on June 30, 2022, 2023, and 2024. On June 30, 2024, 3,428 shares vested in connection with these RSUs, of which 1,280 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.

Includes Dividend Equivalent Units in connection with RSUs held by the reporting person.