STANDISH TROY sold NAVI
February 9, 2025 · Form 4 insider transaction
STANDISH TROY sold 1,713 shares of Navient Corporation at $13.58 per share, a transaction worth $23.3K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
As previously reported, on February 9, 2024, the reporting person was granted 12,507 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 9, 2025, 4,031 shares of such RSUs were settled and an additional 177.477 shares were issued to the reporting person upon the vesting of the related dividend equivalent rights. In connection with this settlement, 1,713 shares were withheld by Navient, as approved by the Committee, to satisfy the reporting person's tax withholding obligations.