Peter M. Graham - Oct 30, 2024 Form 4 Insider Report for SLM Corp (SLM)

Signature
/s/ Jeffrey Lipschutz (POA) for Peter M. Graham
Stock symbol
SLM
Transactions as of
Oct 30, 2024
Transactions value $
-$149,460
Form type
4
Date filed
11/1/2024, 04:07 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Tax liability -$149K -6.63K -6.71% $22.56 92.1K Oct 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 October 30, 2023, 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 October 30, 2024, 2025, and 2026. On October 30, 2024, 22,005 shares vested in connection with these RSUs, of which 6,625 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
F2 Includes Dividend Equivalent Units issued in connection with RSUs held by the reporting person.