0001127602-24-015853.txt : 20240517 0001127602-24-015853.hdr.sgml : 20240517 20240517164555 ACCESSION NUMBER: 0001127602-24-015853 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240515 FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: YOWAN DAVID L. CENTRAL INDEX KEY: 0001702781 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 24960642 MAIL ADDRESS: STREET 1: 123 S. JUSTISON STREET CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER NAME: FORMER CONFORMED NAME: YOWAN DAVID M. DATE OF NAME CHANGE: 20170403 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NAVIENT CORP CENTRAL INDEX KEY: 0001593538 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 464054283 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 13865 SUNRISE VALLEY DRIVE CITY: HERNDON STATE: VA ZIP: 20171 BUSINESS PHONE: 703-810-3000 MAIL ADDRESS: STREET 1: 13865 SUNRISE VALLEY DRIVE CITY: HERNDON STATE: VA ZIP: 20171 FORMER COMPANY: FORMER CONFORMED NAME: New Corp DATE OF NAME CHANGE: 20131205 4 1 form4.xml PRIMARY DOCUMENT X0508 4 2024-05-15 0001593538 NAVIENT CORP NAVI 0001702781 YOWAN DAVID L. 13865 SUNRISE VALLEY DRIVE HERNDON VA 20171 1 1 President & CEO 0 Common Stock 2024-05-15 4 F 0 22822 15.60 D 306453.0003 D As previously reported, on May 15, 2023, the reporting person was granted 105,890 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 50% on the first anniversary of the grant date (May 15, 2024) and 50% on December 31, 2024. On May 15, 2024, 52,945 shares of such RSUs were settled and an additional 1,911 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 22,822 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. Dividend equivalent rights (4,865.5408) 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. /s/ Elizabeth Han (POA) for David Yowan 2024-05-17