February 7, 2025 · Form 4 insider transaction
STANDISH TROY bought 23,148 shares of Navient Corporation at $13.58 per share, a transaction worth $314.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Represents a grant of common stock to the reporting person in the form of performance stock units ("PSUs") to be settled solely by delivery of shares of Navient common stock. A specified percentage of this target award will vest and be settled based upon the satisfaction of certain performance conditions over a three-year performance period ending on the final day of fiscal year 2027. The performance conditions shall be approved by the Committee in connection with Navient's 2025 Long-Term Incentive Program and shall be set forth in the form of PSU award agreement approved by the Committee.