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

Role: EVP, CFO & Treasurer
Signature: /s/ Jeffrey Lipschutz (POA) for Peter M. Graham
Issuer symbol: SLM
Transactions as of: 30 Oct 2024
Net transactions value: -$149,460
Form type: 4
Filing time: 01 Nov 2024, 16:07:13 UTC
Previous filing: 20 Feb 2024
Next filing: 19 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLM	Common Stock	Tax liability	$149,460	-6,625	-6.7%	$22.56	92,119	30 Oct 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.

Content

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.

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