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Navient Corp (NAVI) CFO receives 73,444-share RSU grant

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HAUBER STEPHEN M reported acquisition or exercise transactions in this Form 4 filing.

Navient Corp executive Stephen M. Hauber received a stock award of 73,444 shares of common stock in the form of RSUs. The grant was made at a reference price of $8.68 per share under the Navient Corporation 2024 Omnibus Incentive Plan.

The RSUs will be settled only in Navient common stock and vest in three equal installments on the first, second, and third anniversaries of the grant date. Following this award, Hauber’s directly owned common stock holdings increased to 350,946.636 shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
HAUBER STEPHEN M

(Last) (First) (Middle)
13865 SUNRISE VALLEY DRIVE

(Street)
HERNDON VA 20171

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
NAVIENT CORP [ NAVI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CFO & PAO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/04/2026 A 73,444(1) A $8.68 350,946.636 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of common stock to the reporting person in the form of RSUs pursuant to the Navient Corporation 2024 Omnibus Incentive Plan. The RSUs will be settled solely by delivery of shares of Navient common stock and vest in one-third increments on each of the first, second and third anniversaries of the grant date.
/s/ Matthew Sheldon (POA) for Stephen M. Hauber 03/05/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

FAQ

What insider transaction did Navient (JSM) report for Stephen M. Hauber?

Navient reported that EVP, CFO & PAO Stephen M. Hauber received a grant of 73,444 restricted stock units. These RSUs represent common stock awarded as part of equity compensation, increasing his directly held common stock position to 350,946.636 shares after the transaction.

Was the Navient (JSM) Form 4 transaction a stock purchase or a grant?

The Form 4 transaction was a grant of restricted stock units, not an open-market stock purchase. Code "A" indicates an award or other acquisition, reflecting equity compensation rather than the executive buying shares on the market.

How many RSUs did Navient (JSM) grant to Stephen M. Hauber and at what price?

Stephen M. Hauber was granted 73,444 RSUs of Navient common stock at a reference price of $8.68 per share. This price reflects the value used for the award and does not indicate a cash purchase transaction.

What is the vesting schedule for Stephen M. Hauber’s new Navient (JSM) RSU grant?

The RSUs vest in one-third increments on each of the first, second, and third anniversaries of the grant date. Each vesting tranche will be settled solely by delivering shares of Navient common stock to the executive.

Under which plan were the Navient (JSM) RSUs granted to Stephen M. Hauber?

The restricted stock units were granted pursuant to the Navient Corporation 2024 Omnibus Incentive Plan. According to the disclosure, these RSUs are settled only in Navient common stock and follow the three-year, one-third-per-year vesting schedule.

What is Stephen M. Hauber’s Navient (JSM) shareholding after the RSU award?

After the RSU grant, Stephen M. Hauber’s directly owned Navient common stock holdings total 350,946.636 shares. This figure reflects his ownership immediately following the recorded equity award transaction on the Form 4.
Navient Corporation

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