Donna F. Vieira - Feb 18, 2025 Form 4 Insider Report for SLM Corp (SLM)

Signature
/s/ Jeffrey Lipschutz (POA) for Donna F. Vieira
Stock symbol
SLM
Transactions as of
Feb 18, 2025
Transactions value $
-$522,864
Form type
4
Date filed
2/20/2025, 05:22 PM
Previous filing
Feb 19, 2025
Next filing
Feb 26, 2025

Transactions Table

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
* 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, 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.