Filing Details
- Accession Number:
- 0001127602-23-000606
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-01-04 17:28:48
- Reporting Period:
- 2023-01-03
- Accepted Time:
- 2023-01-04 17:28:48
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1593538 | Navient Corp | NAVI | Security Brokers, Dealers & Flotation Companies (6211) | 464054283 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1605711 | M John Kane | 123 S. Justison Street Suite 300 Wilmington DE 19801 | Evp & Group President | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-01-03 | 150,579 | $13.63 | 757,882 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-01-03 | 133,573 | $16.45 | 624,309 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-01-03 | 17,006 | $16.56 | 607,303 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2023-01-03 | 150,579 | $0.00 | 150,579 | $13.63 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-02-05 | 2023-02-05 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 7,962 | Indirect | By 401(k) |
Footnotes
- The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person and represent exercises of stock options set to expire on February 5, 2023.
- Dividend equivalent rights (8,485.3733 units) issued on restricted stock units and performance stock units ("PSUs") are included in the reporting person's common stock holding balance.
- Represents the weighted average price per share of stock sold by the reporting person between $16.38 and $16.77. The reporting person undertakes to provide to Navient Corporation, any security holder of Navient Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- Between March 1, 2022, and January 3, 2023, the reporting person acquired 320.4390 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 January 3, 2023.
Billionaire Hedge Funds
