Richard Scott Blackley - 17 Jun 2025 Form 4 Insider Report for SLM Corp (SLM)

Role
Director
Signature
/s/ Jeffrey Lipschutz (POA) for Richard Scott Blackley
Issuer symbol
SLM
Transactions as of
17 Jun 2025
Net transactions value
$0
Form type
4
Filing time
20 Jun 2025, 16:11:08 UTC
Previous filing
04 Jun 2025
Next filing
04 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Blackley Richard Scott Director 300 CONTINENTAL DRIVE, NEWARK /s/ Jeffrey Lipschutz (POA) for Richard Scott Blackley 20 Jun 2025 0001525020

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Award $0 +5,281 +15% $0.000000 40,389 17 Jun 2025 Direct F1, F2
transaction SLM Common Stock Award $0 +867 +2.1% $0.000000 41,256 18 Jun 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person received shares of Restricted Common Stock, issued pursuant to the terms of the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement (the "2025 Agreement") in partial payment of the annual retainer to independent directors. The Restricted Common Stock award is subject to vesting upon the terms set forth in the 2025 Agreement.
F2 Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person.
F3 Represents a grant of shares of SLM Corporation's Common Stock (the "Shares") received in lieu of the reporting person's quarterly cash retainer and respective committee fees. The per share value of the Shares was equal to the closing sales price per share as of the grant date.