Steven J. McGarry - 28 Feb 2023 Form 4 Insider Report for SLM Corp (SLM)

Reporting relationship: EVP & Chief Financial Officer
Issuer ticker: SLM
Reported as of: 28 Feb 2023
Net transaction value: -$705,222
SEC form: 4
Accepted by SEC: 07 Jun 2023, 16:39:37 UTC
Prior SEC filing: 22 Feb 2023
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey Lipschutz (POA) for Steven J. McGarry

Key filing fact

Steven J. McGarry filed Form 4 for SLM Corp (SLM) on 07 Jun 2023.

Key facts

This page summarizes Steven J. McGarry's Form 4 filing for SLM Corp (SLM).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 07 Jun 2023, 16:39.

Change

Previous filing in this sequence was filed on 22 Feb 2023.
Current net transaction value: -$705,222.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SLM transaction

Common Stock

Tax liability

Transaction value: $16,911
Shares: -1,176
Change %: -0.31%
Price: $14.38
Shares after: 384,100
Date: 28 Feb 2023
Ownership: Direct
Footnotes: F1, F2

SLM transaction

Common Stock

Sale

Transaction value: $688,311
Shares: -41,733
Change %: -11%
Price: $16.49
Shares after: 342,367
Date: 05 Jun 2023
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Represents shares of the Company Common Stock that were withheld to satisfy the reporting person's tax withholding obligations. This transaction is being reported on an inadvertently delayed basis.

Footnote F2

Includes Dividend Equivalent Units in connection with restricted stock units held by the reporting person.

Footnote F3

The price in Column 4 is a weighted average price. The prices actually received ranged from $16.465 to $16.53. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of units sold at each price within the range.