Nicolas Jafarieh - 16 Feb 2026 Form 4 Insider Report for SLM Corp (SLM)

Signature
/s/ Jeffrey Lipschutz (POA) for Nicolas Jafarieh
Issuer symbol
SLM
Transactions as of
16 Feb 2026
Net transactions value
-$164,743
Form type
4
Filing time
18 Feb 2026, 16:24:22 UTC
Previous filing
05 Mar 2025
Next filing
26 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Jafarieh Nicolas EVP -Legal, Govt, Comm Officer 300 CONTINENTAL DRIVE, NEWARK /s/ Jeffrey Lipschutz (POA) for Nicolas Jafarieh 18 Feb 2026 0001732094

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Tax liability $69,788 -2,903 -1.4% $24.04 210,322 16 Feb 2026 Direct F1, F2
transaction SLM Common Stock Tax liability $94,955 -3,973 -1.9% $23.90 206,349 17 Feb 2026 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 16, 2024, 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 February 16, 2025, 2026, and 2027. On February 16, 2026, 8,156 shares vested in connection with these RSUs, of which 2,903 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.
F3 On February 17, 2023, the reporting person was granted RSUs representing rights to receive shares of Common Stock of the Company, subject to vesting conditions, to vest in one-third increments on February 17, 2024, 2025, and 2026. On February 17, 2026, 12,337 shares vested in connection with these RSUs, of which 3,973 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.