Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLM | Common Stock | Tax liability | -$76.8K | -2.36K | -1.55% | $32.54 | 150K | Feb 18, 2025 | Direct | F1, F2 |
transaction | SLM | Common Stock | Sale | -$446K | -13.7K | -9.13% | $32.52 | 137K | Feb 19, 2025 | Direct | F2, F3 |
Id | Content |
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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, 7,627 shares vested in connection with these RSUs, of which 2,361 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. |
F3 | The price in Column 4 is a weighted average price. The prices actually received ranged from $32.34 to $32.63. 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. |