Troy Standish - May 23, 2025 Form 4 Insider Report for NAVIENT CORP (NAVI)

Signature
/s/ Elizabeth Han (POA) for Troy Standish
Stock symbol
NAVI
Transactions as of
May 23, 2025
Transactions value $
-$14,005
Form type
4
Date filed
5/27/2025, 09:46 PM
Previous filing
Mar 5, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
STANDISH TROY EVP & Chief Operating Officer 13865 SUNRISE VALLEY DRIVE, HERNDON /s/ Elizabeth Han (POA) for Troy Standish 2025-05-27 0002042058

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NAVI Common Stock Tax liability -$14K -1.06K -0.51% $13.25 207K May 23, 2025 Direct F1, F2
holding NAVI Common Stock 14.5K May 23, 2025 By 401(k) F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously reported, on May 23, 2024, the reporting person was granted 7,697 restricted stock units ("RSUs") under the Navient Corporation 2014 Omnibus Incentive Plan (the "Plan") representing the right to receive shares of Navient Corporation ("Navient") common stock in the future, which vest in one-third increments on each of the first, second and third anniversaries of the grant date. On May 23, 2025, 2,481 shares of such RSUs were settled and an additional 114.565 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 1,057 shares were withheld by Navient, as approved by the Navient Compensation and Human Resources Committee (the "Committee"), to satisfy the reporting person's tax withholding obligations.
F2 Dividend equivalent rights 1,024.3927 issued on RSUs are included in the reporting person's common stock holding balance. Each dividend equivalent right is the economic equivalent of one share of Navient Corporation common stock.
F3 Between March 3, 2025, and May 23, 2025, the reporting person acquired 167.2839 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 23, 2025.