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