0001127602-24-003406.txt : 20240205 0001127602-24-003406.hdr.sgml : 20240205 20240205170906 ACCESSION NUMBER: 0001127602-24-003406 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240204 FILED AS OF DATE: 20240205 DATE AS OF CHANGE: 20240205 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: HELEEN MARK L CENTRAL INDEX KEY: 0001451729 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 24596715 MAIL ADDRESS: STREET 1: 12061 BLUEMONT WAY CITY: RESTON STATE: VA ZIP: 20190 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 2024-02-04 0001593538 NAVIENT CORP NAVI 0001451729 HELEEN MARK L 13865 SUNRISE VALLEY DRIVE HERNDON VA 20171 1 EVP, CLO & Secretary 0 Common Stock 11210.2435 I By 401(k) Common Stock 2024-02-04 4 F 0 4551 16.18 D 381025.9317 D Common Stock 2024-02-04 4 F 0 3924 16.18 D 377101.9317 D Between January 31, 2024, and February 2, 2024, the reporting person acquired 5.2383 share equivalents of Navient common stock under the Navient 401(k) Savings Plan. The information in this report is based on the reporting person's actual account balance as of February 2, 2024. As previously reported, on February 4, 2021, the reporting person was granted 30,487 restricted stock unit ("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 in one-third increments on each of the first, second and third anniversaries of the grant date. On February 4, 2024, 9,731 shares of such RSUs were settled and an additional 1,167.2001 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 4,551 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. Reflects the disposition of 0.2001 shares settled in cash upon the delivery of the related dividend equivalent rights, in accordance with the terms of the Plan. As previously reported, on February 4, 2022, the reporting person was granted 27,216 RSUs under the Plan representing the right to receive shares of Navient common stock in the future, which vest in one-third increments on each of the first, second and third anniversaries of the grant date. On February 4, 2024, 8,688 shares of such RSUs were settled and an additional 708 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 3,924 shares were withheld by Navient, as approved by the Committee, to satisfy the reporting person's tax withholding obligations. /s/ Elizabeth Han (POA) for Mark Heleen 2024-02-05