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[Form 4] SLM Corporation Insider Trading Activity

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

SLM Corporation Director Equity Grant Disclosure: Form 4 filing reveals Director Vivian C. Schneck-Last received 5,281 shares of Restricted Common Stock on June 17, 2025, as part of her annual director compensation package. The shares were granted at $0 cost under the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement.

Key Details:

  • Total beneficial ownership following transaction: 91,479.93 shares (including dividend equivalent units)
  • Ownership form: Direct
  • Transaction type: Stock Award (Code A)
  • Shares subject to vesting conditions per agreement terms

This equity grant aligns with standard director compensation practices and demonstrates continued commitment to director ownership in the company. The filing was signed via power of attorney by Jeffrey Lipschutz on June 20, 2025.

Comunicazione di Concessione Azionaria per il Direttore di SLM Corporation: La dichiarazione del Modulo 4 rivela che la Direttrice Vivian C. Schneck-Last ha ricevuto 5.281 azioni di Azioni Ordinarie Vincolate il 17 giugno 2025, come parte del suo pacchetto di compenso annuale da direttore. Le azioni sono state concesse a costo zero secondo il Piano Incentivi Omnibus 2021 di SLM Corporation - Accordo di Azioni Vincolate per Direttori Indipendenti 2025.

Dettagli principali:

  • Totale partecipazione beneficiaria dopo la transazione: 91.479,93 azioni (inclusi i diritti equivalenti ai dividendi)
  • Forma di propriet脿: Diretta
  • Tipo di transazione: Assegnazione di azioni (Codice A)
  • Azioni soggette a condizioni di maturazione secondo i termini dell'accordo

Questa concessione azionaria 猫 in linea con le pratiche standard di compenso per i direttori e dimostra un impegno continuo nella partecipazione azionaria da parte del direttore nella societ脿. La dichiarazione 猫 stata firmata per procura da Jeffrey Lipschutz il 20 giugno 2025.

Divulgaci贸n de Concesi贸n de Acciones para Directores de SLM Corporation: El formulario 4 revela que la Directora Vivian C. Schneck-Last recibi贸 5,281 acciones de Acciones Comunes Restringidas el 17 de junio de 2025, como parte de su paquete anual de compensaci贸n como directora. Las acciones fueron otorgadas sin costo bajo el Plan Incentivo Omnibus 2021 de SLM Corporation - Acuerdo de Acciones Restringidas para Directores Independientes 2025.

Detalles clave:

  • Propiedad beneficiaria total despu茅s de la transacci贸n: 91,479.93 acciones (incluyendo unidades equivalentes a dividendos)
  • Forma de propiedad: Directa
  • Tipo de transacci贸n: Premio en acciones (C贸digo A)
  • Acciones sujetas a condiciones de consolidaci贸n seg煤n los t茅rminos del acuerdo

Esta concesi贸n de acciones est谩 alineada con las pr谩cticas est谩ndar de compensaci贸n para directores y demuestra un compromiso continuo con la propiedad accionaria del director en la empresa. La presentaci贸n fue firmada por poder notarial por Jeffrey Lipschutz el 20 de junio de 2025.

SLM 旖旐嵓霠堨澊靺� 鞚挫偓 欤检嫕 攵�鞐� 瓿奠嫓: Form 4 鞝滌稖靹滌棎 霐半ゴ氅� 鞚挫偓 牍勲箘鞎� C. 鞀堧劌-霛检姢韸戈皜 2025雲� 6鞗� 17鞚� 鞐瓣皠 鞚挫偓 氤挫儊 韺偆歆�鞚� 鞚柬櫂鞙茧 5,281欤�鞚� 鞝滍暅霅� 氤错喌欤茧ゼ 氚涭晿鞀惦媹雼�. 鞚� 欤检嫕鞚� SLM 旖旐嵓霠堨澊靺� 2021雲� 膦呿暕 鞚胳劶韹半笇 頂岆灉 - 2025雲� 霃呺 鞚挫偓 鞝滍暅 欤检嫕 瓿勳暯鞐� 霐半澕 牍勳毄 鞐嗢澊 攵�鞐悩鞐堨姷雼堧嫟.

欤检殧 雮挫毄:

  • 瓯半灅 頉� 齑� 鞁れ 靻岇湢欤检嫕 靾�: 91,479.93欤� (氚半嫻旮� 靸侂嫻 雼渼 韽暔)
  • 靻岇湢 順曧儨: 歆侅爲 靻岇湢
  • 瓯半灅 鞙犿槙: 欤检嫕 靾橃棳 (旖旊摐 A)
  • 瓿勳暯 臁瓣贝鞐� 霐半ジ 氩犾姢韺� 臁瓣贝 鞝侅毄 欤检嫕

鞚措矆 欤检嫕 攵�鞐姅 響滌 鞚挫偓 氤挫儊 甏�頄夓棎 攵�頃╉晿氅� 須岇偓 雮� 鞚挫偓 靻岇湢甓岇棎 雽�頃� 歆�靻嶌爜鞚� 鞚橃毳� 氤挫棳欷嶋媹雼�. 鞝滌稖靹滊姅 2025雲� 6鞗� 20鞚� 鞝滍攧毽� 毽届妶旄犼皜 鞙勳瀯鞛レ潉 韱淀暣 靹滊獏頃橃榾鞀惦媹雼�.

Divulgation de l鈥檃ttribution d鈥檃ctions aux administrateurs de SLM Corporation : Le d茅p么t du formulaire 4 r茅v猫le que l鈥檃dministratrice Vivian C. Schneck-Last a re莽u 5 281 actions d鈥檃ctions ordinaires restreintes le 17 juin 2025, dans le cadre de son package annuel de r茅mun茅ration des administrateurs. Les actions ont 茅t茅 attribu茅es sans co没t dans le cadre du Plan d鈥橧ncitation Omnibus 2021 de SLM Corporation - Accord d鈥橝ctions Restreintes pour Administrateurs Ind茅pendants 2025.

D茅tails cl茅s :

  • D茅tention b茅n茅ficiaire totale apr猫s la transaction : 91 479,93 actions (y compris les unit茅s 茅quivalentes aux dividendes)
  • Forme de d茅tention : Directe
  • Type de transaction : Attribution d鈥檃ctions (Code A)
  • Actions soumises 脿 des conditions d鈥檃cquisition selon les termes de l鈥檃ccord

Cette attribution d鈥檃ctions est conforme aux pratiques standard de r茅mun茅ration des administrateurs et t茅moigne d鈥檜n engagement continu envers la d茅tention d鈥檃ctions par l鈥檃dministrateur dans la soci茅t茅. Le d茅p么t a 茅t茅 sign茅 par procuration par Jeffrey Lipschutz le 20 juin 2025.

Offenlegung der Aktienzuteilung f眉r Direktoren der SLM Corporation: Die Einreichung des Formulars 4 zeigt, dass die Direktorin Vivian C. Schneck-Last am 17. Juni 2025 5.281 Aktien von eingeschr盲nktem Stammaktien als Teil ihres j盲hrlichen Direktorenverg眉tungspakets erhalten hat. Die Aktien wurden kostenfrei im Rahmen des SLM Corporation 2021 Omnibus Incentive Plans - 2025 Independent Director Restricted Stock Agreement gew盲hrt.

Wichtige Details:

  • Gesamtbeteiligung nach der Transaktion: 91.479,93 Aktien (einschlie脽lich Dividenden盲quivalenteinheiten)
  • Besitzform: Direkt
  • Transaktionstyp: Aktienzuteilung (Code A)
  • Aktien unterliegen Vesting-Bedingungen gem盲脽 den Vertragsbedingungen

Diese Aktienzuteilung entspricht den 眉blichen Verg眉tungspraktiken f眉r Direktoren und zeigt das fortgesetzte Engagement f眉r die Direktorenbeteiligung am Unternehmen. Die Einreichung wurde am 20. Juni 2025 von Jeffrey Lipschutz per Vollmacht unterschrieben.

Positive
  • None.
Negative
  • None.

Comunicazione di Concessione Azionaria per il Direttore di SLM Corporation: La dichiarazione del Modulo 4 rivela che la Direttrice Vivian C. Schneck-Last ha ricevuto 5.281 azioni di Azioni Ordinarie Vincolate il 17 giugno 2025, come parte del suo pacchetto di compenso annuale da direttore. Le azioni sono state concesse a costo zero secondo il Piano Incentivi Omnibus 2021 di SLM Corporation - Accordo di Azioni Vincolate per Direttori Indipendenti 2025.

Dettagli principali:

  • Totale partecipazione beneficiaria dopo la transazione: 91.479,93 azioni (inclusi i diritti equivalenti ai dividendi)
  • Forma di propriet脿: Diretta
  • Tipo di transazione: Assegnazione di azioni (Codice A)
  • Azioni soggette a condizioni di maturazione secondo i termini dell'accordo

Questa concessione azionaria 猫 in linea con le pratiche standard di compenso per i direttori e dimostra un impegno continuo nella partecipazione azionaria da parte del direttore nella societ脿. La dichiarazione 猫 stata firmata per procura da Jeffrey Lipschutz il 20 giugno 2025.

Divulgaci贸n de Concesi贸n de Acciones para Directores de SLM Corporation: El formulario 4 revela que la Directora Vivian C. Schneck-Last recibi贸 5,281 acciones de Acciones Comunes Restringidas el 17 de junio de 2025, como parte de su paquete anual de compensaci贸n como directora. Las acciones fueron otorgadas sin costo bajo el Plan Incentivo Omnibus 2021 de SLM Corporation - Acuerdo de Acciones Restringidas para Directores Independientes 2025.

Detalles clave:

  • Propiedad beneficiaria total despu茅s de la transacci贸n: 91,479.93 acciones (incluyendo unidades equivalentes a dividendos)
  • Forma de propiedad: Directa
  • Tipo de transacci贸n: Premio en acciones (C贸digo A)
  • Acciones sujetas a condiciones de consolidaci贸n seg煤n los t茅rminos del acuerdo

Esta concesi贸n de acciones est谩 alineada con las pr谩cticas est谩ndar de compensaci贸n para directores y demuestra un compromiso continuo con la propiedad accionaria del director en la empresa. La presentaci贸n fue firmada por poder notarial por Jeffrey Lipschutz el 20 de junio de 2025.

SLM 旖旐嵓霠堨澊靺� 鞚挫偓 欤检嫕 攵�鞐� 瓿奠嫓: Form 4 鞝滌稖靹滌棎 霐半ゴ氅� 鞚挫偓 牍勲箘鞎� C. 鞀堧劌-霛检姢韸戈皜 2025雲� 6鞗� 17鞚� 鞐瓣皠 鞚挫偓 氤挫儊 韺偆歆�鞚� 鞚柬櫂鞙茧 5,281欤�鞚� 鞝滍暅霅� 氤错喌欤茧ゼ 氚涭晿鞀惦媹雼�. 鞚� 欤检嫕鞚� SLM 旖旐嵓霠堨澊靺� 2021雲� 膦呿暕 鞚胳劶韹半笇 頂岆灉 - 2025雲� 霃呺 鞚挫偓 鞝滍暅 欤检嫕 瓿勳暯鞐� 霐半澕 牍勳毄 鞐嗢澊 攵�鞐悩鞐堨姷雼堧嫟.

欤检殧 雮挫毄:

  • 瓯半灅 頉� 齑� 鞁れ 靻岇湢欤检嫕 靾�: 91,479.93欤� (氚半嫻旮� 靸侂嫻 雼渼 韽暔)
  • 靻岇湢 順曧儨: 歆侅爲 靻岇湢
  • 瓯半灅 鞙犿槙: 欤检嫕 靾橃棳 (旖旊摐 A)
  • 瓿勳暯 臁瓣贝鞐� 霐半ジ 氩犾姢韺� 臁瓣贝 鞝侅毄 欤检嫕

鞚措矆 欤检嫕 攵�鞐姅 響滌 鞚挫偓 氤挫儊 甏�頄夓棎 攵�頃╉晿氅� 須岇偓 雮� 鞚挫偓 靻岇湢甓岇棎 雽�頃� 歆�靻嶌爜鞚� 鞚橃毳� 氤挫棳欷嶋媹雼�. 鞝滌稖靹滊姅 2025雲� 6鞗� 20鞚� 鞝滍攧毽� 毽届妶旄犼皜 鞙勳瀯鞛レ潉 韱淀暣 靹滊獏頃橃榾鞀惦媹雼�.

Divulgation de l鈥檃ttribution d鈥檃ctions aux administrateurs de SLM Corporation : Le d茅p么t du formulaire 4 r茅v猫le que l鈥檃dministratrice Vivian C. Schneck-Last a re莽u 5 281 actions d鈥檃ctions ordinaires restreintes le 17 juin 2025, dans le cadre de son package annuel de r茅mun茅ration des administrateurs. Les actions ont 茅t茅 attribu茅es sans co没t dans le cadre du Plan d鈥橧ncitation Omnibus 2021 de SLM Corporation - Accord d鈥橝ctions Restreintes pour Administrateurs Ind茅pendants 2025.

D茅tails cl茅s :

  • D茅tention b茅n茅ficiaire totale apr猫s la transaction : 91 479,93 actions (y compris les unit茅s 茅quivalentes aux dividendes)
  • Forme de d茅tention : Directe
  • Type de transaction : Attribution d鈥檃ctions (Code A)
  • Actions soumises 脿 des conditions d鈥檃cquisition selon les termes de l鈥檃ccord

Cette attribution d鈥檃ctions est conforme aux pratiques standard de r茅mun茅ration des administrateurs et t茅moigne d鈥檜n engagement continu envers la d茅tention d鈥檃ctions par l鈥檃dministrateur dans la soci茅t茅. Le d茅p么t a 茅t茅 sign茅 par procuration par Jeffrey Lipschutz le 20 juin 2025.

Offenlegung der Aktienzuteilung f眉r Direktoren der SLM Corporation: Die Einreichung des Formulars 4 zeigt, dass die Direktorin Vivian C. Schneck-Last am 17. Juni 2025 5.281 Aktien von eingeschr盲nktem Stammaktien als Teil ihres j盲hrlichen Direktorenverg眉tungspakets erhalten hat. Die Aktien wurden kostenfrei im Rahmen des SLM Corporation 2021 Omnibus Incentive Plans - 2025 Independent Director Restricted Stock Agreement gew盲hrt.

Wichtige Details:

  • Gesamtbeteiligung nach der Transaktion: 91.479,93 Aktien (einschlie脽lich Dividenden盲quivalenteinheiten)
  • Besitzform: Direkt
  • Transaktionstyp: Aktienzuteilung (Code A)
  • Aktien unterliegen Vesting-Bedingungen gem盲脽 den Vertragsbedingungen

Diese Aktienzuteilung entspricht den 眉blichen Verg眉tungspraktiken f眉r Direktoren und zeigt das fortgesetzte Engagement f眉r die Direktorenbeteiligung am Unternehmen. Die Einreichung wurde am 20. Juni 2025 von Jeffrey Lipschutz per Vollmacht unterschrieben.

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*
Schneck-Last Vivian C.
(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 91,479.9277(2) 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.
Remarks:
/s/ Jeffrey Lipschutz (POA) for Vivian C. Schneck-Last 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.

Source:

FAQ

How many SLM shares did Director Vivian Schneck-Last acquire on June 17, 2025?

Director Vivian Schneck-Last acquired 5,281 shares of SLM Common Stock on June 17, 2025 as part of her director compensation package.

What is the total amount of SLM shares owned by Vivian Schneck-Last after the June 2025 transaction?

Following the reported transaction, Vivian Schneck-Last beneficially owned 91,479.9277 shares of SLM Common Stock directly.

What was the purchase price for SLM shares acquired by Director Schneck-Last?

The shares were acquired at $0 cost, as they were issued as Restricted Common Stock pursuant to the SLM Corporation 2021 Omnibus Incentive Plan - 2025 Independent Director Restricted Stock Agreement as partial payment of the annual director retainer.

Are there any vesting requirements for the SLM shares acquired by Director Schneck-Last?

Yes, the Restricted Common Stock award is subject to vesting requirements according to the terms set forth in the 2025 Independent Director Restricted Stock Agreement, though specific vesting terms are not detailed in the filing.

When was the Form 4 filed for SLM Director Schneck-Last's stock acquisition?

The Form 4 was signed on June 20, 2025 by Jeffrey Lipschutz (POA) on behalf of Vivian C. Schneck-Last and filed on June 28, 2025.
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NASDAQ:SLM

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SLM Stock Data

6.63B
206.48M
0.91%
105.23%
3.59%
Credit Services
Personal Credit Institutions
United States
NEWARK