06/18/2026 | Press release | Distributed by Public on 06/18/2026 14:04
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Turner Steven Allen 300 CONTINENTAL DRIVE NEWARK, DE 19713 |
EVP, Chief Tech. & Enablement | |||
| /s/ Richard Nelson (POA) for Steven Allen Turner | 06/18/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | A long-term incentive award of restricted stock units ("RSUs") under the SLM Corporation 2021 Omnibus Incentive Plan, which is classified as "Common Stock," as permitted, since the RSUs will be settled solely by delivery of shares of SLM Corporation Common Stock. Subject to continuing employment, 55% of the RSUs vest on April 1, 2027, 35% of the RSUs vest on April 1, 2028, and 10% of the RSUs vest on April 1, 2029. |
| (2) | Includes Dividend Equivalent Units in connection with RSUs held by the reporting person. |
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Remarks: This Form 4 Amendment is being filed to correct an administrative error pertaining to the Form 4 filed with the SEC on April 2, 2026 for the reporting person. The amount of "Securities Acquired" in Box 4 was updated to reflect the intended amount of RSUs under the SLM Corporation 2021 Omnibus Incentive Plan awarded to the reporting person. In addition, the "Amount of Securities Beneficially Owned Following Reported Transaction(s)" in Box 5 was also updated to reflect the total number of shares beneficially owned by the reporting person following the receipt of such award. |
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