Jane J. Thompson - 07 Feb 2025 Form 4 Insider Report for NAVIENT CORP (NAVI)

Reporting relationship: Director
Issuer ticker: NAVI
Reported as of: 07 Feb 2025
Net transaction value: +$140,000
SEC form: 4
Accepted by SEC: 10 Feb 2025, 17:13:28 UTC
Prior SEC filing: 03 Oct 2024
Next SEC filing: 04 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Elizabeth Han (POA) for Jane J. Thompson

Key filing fact

Jane J. Thompson filed Form 4 for NAVIENT CORP (NAVI) on 10 Feb 2025.

Key facts

This page summarizes Jane J. Thompson's Form 4 filing for NAVIENT CORP (NAVI).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 10 Feb 2025, 17:13.

Change

Previous filing in this sequence was filed on 03 Oct 2024.
Current net transaction value: +$140,000.

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 derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NAVI transaction Derivative

Phantom Stock Units

Award

Transaction value: $140,000
Shares: +10,309
Change %: +9%
Price: $13.58
Shares after: 125,251
Date: 07 Feb 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,309
Exercise price
Footnotes: F1, F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents phantom stock units acquired pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors. Phantom stock units are settled in shares of Navient Corporation common stock, on a one-to-one basis, upon distribution. The phantom stock units will vest with continued active service on the Navient Board of Directors as follows: 25% will vest on the grant date (Feb 7, 2025); 25% will vest on May 1, 2025; 25% will vest on August 1, 2025; and 25% will vest on November 1, 2025.

Footnote F2

Dividends 4,699.4423 units accrued on phantom stock units pursuant to the terms of the Navient Corporation Deferred Compensation Plan for Directors are included in the reporting person's holding balance.

SEC remarks

Exibit 24 - Power of Attorney