Mark L. Heleen - 03 May 2024 Form 4 Insider Report for NAVIENT CORP (NAVI)

Reporting relationship: EVP, CLO & Secretary
Issuer ticker: NAVI
Reported as of: 03 May 2024
Net transaction value: -$160,000
SEC form: 4
Accepted by SEC: 06 May 2024, 17:16:55 UTC
Prior SEC filing: 01 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Han (POA) for Mark Heleen

Key filing fact

Mark L. Heleen filed Form 4 for NAVIENT CORP (NAVI) on 06 May 2024.

Key facts

This page summarizes Mark L. Heleen's Form 4 filing for NAVIENT CORP (NAVI).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 06 May 2024, 17:16.

Change

Previous filing in this sequence was filed on 01 Mar 2024.
Current net transaction value: -$160,000.

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.

NAVI transaction

Common Stock

Sale

Transaction value: $160,000
Shares: -10,000
Change %: -2.5%
Price: $16.00
Shares after: 393,611
Date: 03 May 2024
Ownership: Direct
Footnotes: F1

NAVI holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 11,578
Date: 03 May 2024
Ownership: By 401(k)
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on August 9, 2023.

Footnote F2

Between February 28, 2024, and May 3, 2024, the reporting person acquired 109.1508 share equivalents of Navient common stock under the Navient 401(k) Savings Plan. The information in this report is based on the reporting person's actual account balance as of May 3, 2024.