X0202 4 2005-11-29 0 0001262279 FIRST MARBLEHEAD CORP FMD 0001265657 PECK DONALD R C/O THE FIRST MARBLEHEAD CORPORATION, 800 BOYLSTON STREET, 34TH FLOOR BOSTON MA 02199 0 1 0 0 EVP, CFO, Treasurer and Sec. Common Stock 2005-11-29 4 M 0 14285 7.00 A 42955 D Common Stock 2005-11-29 4 S 0 1200 33.53 D 41755 D Common Stock 2005-11-29 4 S 0 2000 33.55 D 39755 D Common Stock 2005-11-29 4 S 0 700 33.56 D 39055 D Common Stock 2005-11-29 4 S 0 300 33.57 D 38755 D Common Stock 2005-11-29 4 S 0 800 33.58 D 37955 D Common Stock 2005-11-29 4 S 0 300 33.59 D 37655 D Common Stock 2005-11-29 4 S 0 500 33.6 D 37155 D Common Stock 2005-11-29 4 S 0 600 33.61 D 36555 D Common Stock 2005-11-29 4 S 0 300 33.62 D 36255 D Common Stock 2005-11-29 4 S 0 200 33.63 D 36055 D Common Stock 2005-11-29 4 S 0 200 33.64 D 35855 D Common Stock 2005-11-29 4 S 0 100 33.65 D 35755 D Common Stock 2005-11-29 4 S 0 5500 33.66 D 30255 D Common Stock 2005-11-29 4 S 0 200 33.67 D 30055 D Common Stock 2005-11-29 4 S 0 8000 33.70 D 22055 D Common Stock 2005-11-29 4 S 0 500 33.71 D 21555 D Common Stock 2005-11-29 4 S 0 570 33.74 D 20985 D Common Stock 2005-11-29 4 S 0 200 33.77 D 20785 D Common Stock 2005-11-29 4 S 0 2400 33.80 D 18385 D Common Stock 2005-11-29 4 S 0 100 33.81 D 18285 D Common Stock 2005-11-29 4 S 0 100 33.82 D 18185 D Common Stock 2005-11-29 4 S 0 100 33.85 D 18085 D Common Stock 2005-11-29 4 S 0 100 33.86 D 17985 D Common Stock 2005-11-29 4 S 0 1400 33.90 D 16585 D Common Stock 2005-11-29 4 S 0 100 33.91 D 16485 D Common Stock 2005-11-29 4 S 0 800 33.92 D 15685 D Common Stock 2005-11-29 4 S 0 1300 33.95 D 14385 D Employee Stock Option (right to buy) 7.00 2005-11-29 4 M 0 14285 0 D 2003-04-03 2013-04-02 Common Stock 14285 75715 D The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 8, 2005. Following the transactions reported hereby, as of November 29, 2005, the option is vested with respect to 15,715 shares of the Common Stock covered thereby and will vest with respect to the remaining 60,000 shares in two equal annual installments ending on April 3, 2007. /s/ Donald R. Peck 2005-12-01