0001127602-24-004038.txt : 20240208 0001127602-24-004038.hdr.sgml : 20240208 20240208165727 ACCESSION NUMBER: 0001127602-24-004038 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240206 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KANE JOHN M CENTRAL INDEX KEY: 0001605711 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36228 FILM NUMBER: 24609932 MAIL ADDRESS: STREET 1: 300 CONTINENTAL DRIVE CITY: NEWARK STATE: DE ZIP: 19713 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 2024-02-06 0001593538 NAVIENT CORP NAVI 0001605711 KANE JOHN M 13865 SUNRISE VALLEY DRIVE HERNDON VA 20171 1 EVP & Group President 0 Common Stock 2024-02-06 4 F 0 4282 15.96 D 475855.9711 D Common Stock 9079.8152 I By 401(k) As previously reported, on February 6, 2023, the reporting person was granted 29,069 restricted stock units ("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 6, 2024, 9,689 shares of such RSUs were settled and an additional 358 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 4,282 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. Between February 2, 2024, and February 6, 2024, the reporting person's share equivalents of Navient common stock under the Navient 401(k) Savings Plan decreased by 5.3072. The information in this report is based on the reporting person's actual account balance as of February 6, 2024. /s/ Elizabeth Han (POA) for John M. Kane 2024-02-08