Jonathan W. Witter - 18 Feb 2025 Form 4 Insider Report for SLM Corp (SLM)

Signature
/s/ Jeffrey Lipschutz (POA) for Jonathan W. Witter
Issuer symbol
SLM
Transactions as of
18 Feb 2025
Transactions value $
-$731,532
Form type
4
Filing time
20 Feb 2025, 17:19:29 UTC
Previous filing
19 Feb 2025
Next filing
26 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLM Common Stock Tax liability -$732K -22.5K -1.87% $32.54 1.18M 18 Feb 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 18, 2022, 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 18, 2023, 2024, and 2025. On February 18, 2025, 44,868 shares vested in connection with these RSUs, of which 22,481 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.