0001127602-24-020195.txt : 20240708 0001127602-24-020195.hdr.sgml : 20240708 20240708170156 ACCESSION NUMBER: 0001127602-24-020195 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240703 FILED AS OF DATE: 20240708 DATE AS OF CHANGE: 20240708 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: 241105652 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 2024-07-03 0001593538 NAVIENT CORP NAVI 0001702781 YOWAN DAVID L. 13865 SUNRISE VALLEY DRIVE HERNDON VA 20171 1 1 President & CEO 0 Common Stock 2024-07-03 4 A 0 166435 14.42 A 475304.2543 D Common Stock 2024-07-03 4 A 0 110957 14.42 A 586216.2543 D Represents a grant of common stock to the reporting person in the form of performance stock units ("PSUs") to be settled solely by delivery of shares of Navient common stock. The first 50% will vest on the first anniversary of the grant date (July 3, 2025) and 50% on December 31, 2025. The service and performance conditions shall be approved by the Navient Corporation Compensation and Human Resources Committee (the "Committee") and shall be set forth in the form of PSU award agreement approved by the Committee. Dividend equivalent rights (2,416.254 units) issued on previously unvested restricted stock 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 (the "Company) common stock. Represents a grant of common stock to the reporting person in the form of restricted stock units ("RSUs") pursuant to the Navient Corporation 2024 Omnibus Incentive Plan (the "Plan"). The RSUs will be settled solely by delivery of shares of the Company's common stock and vest 50% on the first anniversary of the grant date (July 3, 2025) and 50% on December 31, 2025. /s/ Elizabeth Han (POA) for David Yowan 2024-07-08