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[Form 4] SLM Corporation Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

SLM Corporation director James D. Matheson reported acquiring 5,281 shares of restricted common stock on June 17, 2025 as part of the director compensation package. The shares were granted at $0 cost under the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement.

Following the transaction, Matheson's total beneficial ownership stands at 103,444.37 shares, held directly. This position includes:

  • Dividend Equivalent Units from existing restricted stock holdings
  • Shares acquired through dividend reinvestment plan

The restricted stock grant is subject to vesting conditions outlined in the 2025 Agreement and represents partial payment of the annual retainer for independent directors. The Form 4 was filed by power of attorney through Jeffrey Lipschutz on June 20, 2025.

Il direttore della SLM Corporation, James D. Matheson, ha comunicato l'acquisizione di 5.281 azioni di azioni ordinarie vincolate in data 17 giugno 2025 come parte del pacchetto di compensi per i direttori. Le azioni sono state assegnate a costo zero nell'ambito del Piano Incentivi Omnibus 2021 della SLM Corporation - Accordo sulle Azioni Vincolate per Direttori Indipendenti 2025.

In seguito alla transazione, la proprietà beneficiaria totale di Matheson ammonta a 103.444,37 azioni, detenute direttamente. Questa posizione comprende:

  • Unità equivalenti ai dividendi derivanti dalle azioni vincolate già possedute
  • Azioni acquisite tramite il piano di reinvestimento dei dividendi

La concessione delle azioni vincolate è soggetta a condizioni di maturazione stabilite nell'Accordo 2025 e rappresenta un pagamento parziale del compenso annuale per i direttori indipendenti. Il modulo Form 4 è stato depositato per procura tramite Jeffrey Lipschutz il 20 giugno 2025.

El director de SLM Corporation, James D. Matheson, informó la adquisición de 5,281 acciones de acciones ordinarias restringidas el 17 de junio de 2025 como parte del paquete de compensación para directores. Las acciones fueron otorgadas sin costo ($0) bajo el Plan Omnibus de Incentivos 2021 de SLM Corporation - Acuerdo de Acciones Restringidas para Directores Independientes 2025.

Tras la transacción, la propiedad beneficiaria total de Matheson asciende a 103,444.37 acciones, mantenidas directamente. Esta posición incluye:

  • Unidades equivalentes a dividendos de las acciones restringidas existentes
  • Acciones adquiridas mediante el plan de reinversión de dividendos

La concesión de las acciones restringidas está sujeta a condiciones de adquisición establecidas en el Acuerdo 2025 y representa un pago parcial de la retención anual para directores independientes. El Formulario 4 fue presentado por poder notarial a través de Jeffrey Lipschutz el 20 de junio de 2025.

SLM ì½”í¼ë ˆì´ì…� ì´ì‚¬ James D. MathesonëŠ� 2025ë…� 6ì›� 17ì� 5,281ì£�ì� 제한ë� 보통주를 ì´ì‚¬ ë³´ìƒ íŒ¨í‚¤ì§€ì� ì¼ë¶€ë¡� ì·¨ë“했다ê³� 보고했습니다. ì� 주ì‹ì€ SLM ì½”í¼ë ˆì´ì…� 2021 통합 ì¸ì„¼í‹°ë¸Œ 플랜 - 2025 ë…립 ì´ì‚¬ 제한 ì£¼ì‹ ê³„ì•½ì—� ë”°ë¼ $0 비용으로 부여ë˜ì—ˆìŠµë‹ˆë‹¤.

거래 í›� Mathesonì� ì´� 실질 소유 ì£¼ì‹ ìˆ˜ëŠ” ì§ì ‘ 보유í•� 103,444.37ì£�입니ë‹�. ì� 보유 ë‚´ì—­ì—는 다ìŒì� í¬í•¨ë©ë‹ˆë‹�:

  • 기존 제한 ì£¼ì‹ ë³´ìœ ì—서 ë°œìƒí•� 배당ê¸� 등가 단위
  • 배당ê¸� 재투ìž� 계íšì� 통해 ì·¨ë“í•� 주ì‹

제한 ì£¼ì‹ ë¶€ì—¬ëŠ” 2025 ê³„ì•½ì„œì— ëª…ì‹œë� 권리 ì·¨ë“ ì¡°ê±´ì—� 따르ë©� ë…립 ì´ì‚¬ì� ì—°ê°„ 보수 ì¼ë¶€ë¥� 대체합니다. Form 4ëŠ� 2025ë…� 6ì›� 20ì� Jeffrey Lipschutzë¥� 통한 위임장으ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

Le directeur de SLM Corporation, James D. Matheson, a déclaré avoir acquis 5 281 actions ordinaires restreintes le 17 juin 2025 dans le cadre du plan de rémunération des administrateurs. Les actions ont été attribuées à un coût de 0 $ dans le cadre du Plan d'Incitation Omnibus 2021 de SLM Corporation - Accord d'Actions Restreintes pour Administrateurs Indépendants 2025.

Après cette opération, la détention bénéficiaire totale de Matheson s'élève à 103 444,37 actions, détenues directement. Cette position comprend :

  • Unités équivalentes aux dividendes provenant des actions restreintes existantes
  • Actions acquises via le plan de réinvestissement des dividendes

L'attribution des actions restreintes est soumise aux conditions d'acquisition définies dans l'Accord 2025 et constitue un paiement partiel de la rémunération annuelle des administrateurs indépendants. Le formulaire 4 a été déposé par procuration via Jeffrey Lipschutz le 20 juin 2025.

Der Direktor der SLM Corporation, James D. Matheson, meldete den Erwerb von 5.281 Aktien von eingeschränkten Stammaktien am 17. Juni 2025 als Teil seines Direktorenvergütungspakets. Die Aktien wurden im Rahmen des SLM Corporation 2021 Omnibus Incentive Plans - 2025 Independent Director Restricted Stock Agreement zu einem Preis von $0 zugeteilt.

Nach der Transaktion hält Matheson insgesamt 103.444,37 Aktien direkt. Diese Position umfasst:

  • Dividendenäquivalente Einheiten aus bestehenden eingeschränkten Aktienbeständen
  • Aktien, die durch den Dividenden-Reinvestitionsplan erworben wurden

Die Gewährung der eingeschränkten Aktien unterliegt den im 2025er Vertrag festgelegten Vesting-Bedingungen und stellt eine Teilzahlung der jährlichen Vergütung für unabhängige Direktoren dar. Das Formular 4 wurde am 20. Juni 2025 durch Vollmacht von Jeffrey Lipschutz eingereicht.

Positive
  • None.
Negative
  • None.

Il direttore della SLM Corporation, James D. Matheson, ha comunicato l'acquisizione di 5.281 azioni di azioni ordinarie vincolate in data 17 giugno 2025 come parte del pacchetto di compensi per i direttori. Le azioni sono state assegnate a costo zero nell'ambito del Piano Incentivi Omnibus 2021 della SLM Corporation - Accordo sulle Azioni Vincolate per Direttori Indipendenti 2025.

In seguito alla transazione, la proprietà beneficiaria totale di Matheson ammonta a 103.444,37 azioni, detenute direttamente. Questa posizione comprende:

  • Unità equivalenti ai dividendi derivanti dalle azioni vincolate già possedute
  • Azioni acquisite tramite il piano di reinvestimento dei dividendi

La concessione delle azioni vincolate è soggetta a condizioni di maturazione stabilite nell'Accordo 2025 e rappresenta un pagamento parziale del compenso annuale per i direttori indipendenti. Il modulo Form 4 è stato depositato per procura tramite Jeffrey Lipschutz il 20 giugno 2025.

El director de SLM Corporation, James D. Matheson, informó la adquisición de 5,281 acciones de acciones ordinarias restringidas el 17 de junio de 2025 como parte del paquete de compensación para directores. Las acciones fueron otorgadas sin costo ($0) bajo el Plan Omnibus de Incentivos 2021 de SLM Corporation - Acuerdo de Acciones Restringidas para Directores Independientes 2025.

Tras la transacción, la propiedad beneficiaria total de Matheson asciende a 103,444.37 acciones, mantenidas directamente. Esta posición incluye:

  • Unidades equivalentes a dividendos de las acciones restringidas existentes
  • Acciones adquiridas mediante el plan de reinversión de dividendos

La concesión de las acciones restringidas está sujeta a condiciones de adquisición establecidas en el Acuerdo 2025 y representa un pago parcial de la retención anual para directores independientes. El Formulario 4 fue presentado por poder notarial a través de Jeffrey Lipschutz el 20 de junio de 2025.

SLM ì½”í¼ë ˆì´ì…� ì´ì‚¬ James D. MathesonëŠ� 2025ë…� 6ì›� 17ì� 5,281ì£�ì� 제한ë� 보통주를 ì´ì‚¬ ë³´ìƒ íŒ¨í‚¤ì§€ì� ì¼ë¶€ë¡� ì·¨ë“했다ê³� 보고했습니다. ì� 주ì‹ì€ SLM ì½”í¼ë ˆì´ì…� 2021 통합 ì¸ì„¼í‹°ë¸Œ 플랜 - 2025 ë…립 ì´ì‚¬ 제한 ì£¼ì‹ ê³„ì•½ì—� ë”°ë¼ $0 비용으로 부여ë˜ì—ˆìŠµë‹ˆë‹¤.

거래 í›� Mathesonì� ì´� 실질 소유 ì£¼ì‹ ìˆ˜ëŠ” ì§ì ‘ 보유í•� 103,444.37ì£�입니ë‹�. ì� 보유 ë‚´ì—­ì—는 다ìŒì� í¬í•¨ë©ë‹ˆë‹�:

  • 기존 제한 ì£¼ì‹ ë³´ìœ ì—서 ë°œìƒí•� 배당ê¸� 등가 단위
  • 배당ê¸� 재투ìž� 계íšì� 통해 ì·¨ë“í•� 주ì‹

제한 ì£¼ì‹ ë¶€ì—¬ëŠ” 2025 ê³„ì•½ì„œì— ëª…ì‹œë� 권리 ì·¨ë“ ì¡°ê±´ì—� 따르ë©� ë…립 ì´ì‚¬ì� ì—°ê°„ 보수 ì¼ë¶€ë¥� 대체합니다. Form 4ëŠ� 2025ë…� 6ì›� 20ì� Jeffrey Lipschutzë¥� 통한 위임장으ë¡� 제출ë˜ì—ˆìŠµë‹ˆë‹�.

Le directeur de SLM Corporation, James D. Matheson, a déclaré avoir acquis 5 281 actions ordinaires restreintes le 17 juin 2025 dans le cadre du plan de rémunération des administrateurs. Les actions ont été attribuées à un coût de 0 $ dans le cadre du Plan d'Incitation Omnibus 2021 de SLM Corporation - Accord d'Actions Restreintes pour Administrateurs Indépendants 2025.

Après cette opération, la détention bénéficiaire totale de Matheson s'élève à 103 444,37 actions, détenues directement. Cette position comprend :

  • Unités équivalentes aux dividendes provenant des actions restreintes existantes
  • Actions acquises via le plan de réinvestissement des dividendes

L'attribution des actions restreintes est soumise aux conditions d'acquisition définies dans l'Accord 2025 et constitue un paiement partiel de la rémunération annuelle des administrateurs indépendants. Le formulaire 4 a été déposé par procuration via Jeffrey Lipschutz le 20 juin 2025.

Der Direktor der SLM Corporation, James D. Matheson, meldete den Erwerb von 5.281 Aktien von eingeschränkten Stammaktien am 17. Juni 2025 als Teil seines Direktorenvergütungspakets. Die Aktien wurden im Rahmen des SLM Corporation 2021 Omnibus Incentive Plans - 2025 Independent Director Restricted Stock Agreement zu einem Preis von $0 zugeteilt.

Nach der Transaktion hält Matheson insgesamt 103.444,37 Aktien direkt. Diese Position umfasst:

  • Dividendenäquivalente Einheiten aus bestehenden eingeschränkten Aktienbeständen
  • Aktien, die durch den Dividenden-Reinvestitionsplan erworben wurden

Die Gewährung der eingeschränkten Aktien unterliegt den im 2025er Vertrag festgelegten Vesting-Bedingungen und stellt eine Teilzahlung der jährlichen Vergütung für unabhängige Direktoren dar. Das Formular 4 wurde am 20. Juni 2025 durch Vollmacht von Jeffrey Lipschutz eingereicht.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Matheson James D.

(Last) (First) (Middle)
300 CONTINENTAL DRIVE

(Street)
NEWARK DE 19713

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SLM Corp [ SLM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/17/2025 A 5,281(1) A $0 103,444.3661(2)(3) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The reporting person received shares of Restricted Common Stock, issued pursuant to the terms of the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement (the "2025 Agreement") in partial payment of the annual retainer to independent directors. The Restricted Common Stock award is subject to vesting upon the terms set forth in the 2025 Agreement.
2. Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person.
3. Includes shares of Common Stock acquired under a dividend reinvestment plan.
Remarks:
/s/ Jeffrey Lipschutz (POA) for James D. Matheson 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares of SLM stock did director James Matheson acquire on June 17, 2025?

James Matheson acquired 5,281 shares of SLM restricted common stock on June 17, 2025, as part of his annual director retainer compensation.

What is the total amount of SLM shares James Matheson owns after the June 2025 transaction?

Following the transaction, James Matheson beneficially owns 103,444.3661 shares of SLM common stock directly. This includes dividend equivalent units and shares acquired through a dividend reinvestment plan.

What was the purchase price for SLM shares acquired by Matheson in June 2025?

The shares were granted at $0 cost to James Matheson, as they were issued as part of his compensation under the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement.

What type of stock award did SLM director Matheson receive in June 2025?

Matheson received restricted common stock issued under the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement. The shares are subject to vesting requirements specified in the agreement.

When was the Form 4 filed for Matheson's SLM stock acquisition?

The Form 4 was signed on June 20, 2025, and filed on June 28, 2025, reporting the stock acquisition that occurred on June 17, 2025.
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