Welcome to our dedicated page for Navient Corporation SEC filings (Ticker: NAVI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Navient Corporation filings document governance, executive compensation and strategic transformation matters for an education finance company with FFELP and private education loan portfolios. Proxy materials cover annual meeting procedures, board matters, shareholder voting items, compensation programs and the company’s efforts to simplify operations, reduce expenses and operate with an outsourced servicing model.
Current reports on Form 8-K record material corporate events such as officer appointments, compensatory arrangements and related exhibits. The filing record also provides formal disclosure around Navient’s completed divestiture of its business processing unit, its education finance activities, Earnest-related private loan origination and refinancing operations, and the governance framework for its common stockholders.
Lawson Michael A reported acquisition or exercise transactions in this Form 4 filing.
Navient Corp director Michael A. Lawson received a grant of 18,018 shares of common stock on June 4, 2026, treated as restricted stock under the Navient Corporation 2024 Omnibus Incentive Plan at a reference price of $7.77 per share.
The restrictions lift in four equal installments: 25% on the June 4, 2026 grant date, 25% on August 1, 2026, 25% on November 1, 2026, and 25% on February 1, 2027, subject to continued service on the board. Following this grant, Lawson directly holds 55,928.256 shares of Navient common stock, which include 186.324 dividend equivalent rights that mirror the value of common shares.
Lawson Michael A reported acquisition or exercise transactions in this Form 4 filing.
Navient Corp director Michael A. Lawson received a grant of 18,018 shares of common stock on June 4, 2026, treated as restricted stock under the Navient Corporation 2024 Omnibus Incentive Plan at a reference price of $7.77 per share.
The restrictions lift in four equal installments: 25% on the June 4, 2026 grant date, 25% on August 1, 2026, 25% on November 1, 2026, and 25% on February 1, 2027, subject to continued service on the board. Following this grant, Lawson directly holds 55,928.256 shares of Navient common stock, which include 186.324 dividend equivalent rights that mirror the value of common shares.
KLANE LARRY A reported acquisition or exercise transactions in this Form 4 filing.
NAVIENT CORP director Larry A. Klane received a grant of phantom stock units as board compensation. He was awarded 18,018.0180 phantom stock units tied to Navient common stock at a reference price of $7.77 per unit, bringing his reported phantom unit balance to 82,436.0625 units.
The units were granted under the Navient Corporation Deferred Compensation Plan for Directors and will be settled in shares of common stock on a one-to-one basis upon distribution. Vesting occurs over time with 25% vesting on the grant date of June 4, 2026, and additional 25% tranches vesting on August 1, 2026, November 1, 2026, and February 1, 2027. His reported holdings also include 4,205.7759 dividend equivalent rights accrued on earlier phantom stock units.
KLANE LARRY A reported acquisition or exercise transactions in this Form 4 filing.
NAVIENT CORP director Larry A. Klane received a grant of phantom stock units as board compensation. He was awarded 18,018.0180 phantom stock units tied to Navient common stock at a reference price of $7.77 per unit, bringing his reported phantom unit balance to 82,436.0625 units.
The units were granted under the Navient Corporation Deferred Compensation Plan for Directors and will be settled in shares of common stock on a one-to-one basis upon distribution. Vesting occurs over time with 25% vesting on the grant date of June 4, 2026, and additional 25% tranches vesting on August 1, 2026, November 1, 2026, and February 1, 2027. His reported holdings also include 4,205.7759 dividend equivalent rights accrued on earlier phantom stock units.
CABRAL ANNA ESCOBEDO reported acquisition or exercise transactions in this Form 4 filing.
Navient Corp director Anna Escobedo Cabral received a grant of 18,018.018 Phantom Stock Units tied to company common stock. These units were awarded under the Navient Corporation Deferred Compensation Plan for Directors and are settled in Navient common shares on a one-to-one basis upon distribution.
The phantom units vest over time with continued service on the Navient Board: 25% on the grant date of June 4, 2026, and additional 25% tranches on August 1, 2026, November 1, 2026, and February 1, 2027. Following this award and accrued dividend equivalents, Cabral holds a total of 84,915.1339 phantom stock units.
CABRAL ANNA ESCOBEDO reported acquisition or exercise transactions in this Form 4 filing.
Navient Corp director Anna Escobedo Cabral received a grant of 18,018.018 Phantom Stock Units tied to company common stock. These units were awarded under the Navient Corporation Deferred Compensation Plan for Directors and are settled in Navient common shares on a one-to-one basis upon distribution.
The phantom units vest over time with continued service on the Navient Board: 25% on the grant date of June 4, 2026, and additional 25% tranches on August 1, 2026, November 1, 2026, and February 1, 2027. Following this award and accrued dividend equivalents, Cabral holds a total of 84,915.1339 phantom stock units.
ARNOLD FREDERICK reported acquisition or exercise transactions in this Form 4 filing.
NAVIENT CORP director Frederick Arnold received a grant of 18,018 shares of Common Stock as restricted stock compensation at $7.77 per share. After this award, he directly holds 98,885.256 shares of Navient common stock, including 186.324 dividend-equivalent units that track the stock’s value.
The restricted shares vest in four equal installments, with 25% vesting on the June 4, 2026 grant date, and additional 25% tranches scheduled to vest on August 1, 2026, November 1, 2026, and February 1, 2027, subject to continued service on the board.
ARNOLD FREDERICK reported acquisition or exercise transactions in this Form 4 filing.
NAVIENT CORP director Frederick Arnold received a grant of 18,018 shares of Common Stock as restricted stock compensation at $7.77 per share. After this award, he directly holds 98,885.256 shares of Navient common stock, including 186.324 dividend-equivalent units that track the stock’s value.
The restricted shares vest in four equal installments, with 25% vesting on the June 4, 2026 grant date, and additional 25% tranches scheduled to vest on August 1, 2026, November 1, 2026, and February 1, 2027, subject to continued service on the board.
NAVIENT CORP President & CEO David L. Yowan reported several equity compensation-related transactions in Navient common stock. He exercised 107,363.314 shares of restricted stock units into common stock at $0.00 per share, and Navient withheld 58,158.142 shares
Yowan disposed of 63,881.172 shares36,235.221 PSUs18,018 shares
Following these awards, exercises, tax withholdings, and dispositions, Yowan directly holds 393,243.051 shares
NAVIENT CORP President & CEO David L. Yowan reported several equity compensation-related transactions in Navient common stock. He exercised 107,363.314 shares of restricted stock units into common stock at $0.00 per share, and Navient withheld 58,158.142 shares
Yowan disposed of 63,881.172 shares36,235.221 PSUs18,018 shares
Following these awards, exercises, tax withholdings, and dispositions, Yowan directly holds 393,243.051 shares
Navient Corporation reported the results of its 2026 Annual Meeting of Shareholders. As of the April 6, 2026 record date, 93,989,417 common shares were outstanding, and 87,236,916 shares, or about 92.81% of those entitled to vote, were represented in person or by proxy.
Shareholders elected six directors, including Frederick Arnold, Edward J. Bramson, Anna Escobedo Cabral, Larry A. Klane, Michael A. Lawson, and David L. Yowan, each receiving substantially more votes "for" than "against." They also ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026.
In advisory votes, shareholders approved the compensation of Navient’s named executive officers and expressed a preference for holding future say-on-pay votes every one year, with one-year frequency receiving the largest support among the alternatives.
Navient Corporation reported the results of its 2026 Annual Meeting of Shareholders. As of the April 6, 2026 record date, 93,989,417 common shares were outstanding, and 87,236,916 shares, or about 92.81% of those entitled to vote, were represented in person or by proxy.
Shareholders elected six directors, including Frederick Arnold, Edward J. Bramson, Anna Escobedo Cabral, Larry A. Klane, Michael A. Lawson, and David L. Yowan, each receiving substantially more votes "for" than "against." They also ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026.
In advisory votes, shareholders approved the compensation of Navient’s named executive officers and expressed a preference for holding future say-on-pay votes every one year, with one-year frequency receiving the largest support among the alternatives.
Navient Corporation completed a public debt offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031. The notes were sold to an underwriting syndicate for resale to the public under Navient’s effective shelf registration statement on Form S-3, using a related prospectus and prospectus supplement.
The notes were issued under Navient’s existing base indenture dated July 18, 2014, as amended by a seventeenth supplemental indenture dated May 29, 2026, with The Bank of New York Mellon serving as trustee. The underwriting agreement includes customary covenants, representations, warranties, indemnification and contribution provisions.
Navient Corporation completed a public debt offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031. The notes were sold to an underwriting syndicate for resale to the public under Navient’s effective shelf registration statement on Form S-3, using a related prospectus and prospectus supplement.
The notes were issued under Navient’s existing base indenture dated July 18, 2014, as amended by a seventeenth supplemental indenture dated May 29, 2026, with The Bank of New York Mellon serving as trustee. The underwriting agreement includes customary covenants, representations, warranties, indemnification and contribution provisions.
NAVIENT CORP executive Troy Standish reported routine equity compensation activity. On May 22, 2026, 2,482 previously granted RSUs vested, and an additional 263.033 shares were issued from related dividend equivalent rights. In connection with this vesting, 1,125 shares were withheld to cover tax obligations.
After these transactions, Standish directly held 251,858.8134 shares of Navient common stock and indirectly held 16,122.8460 share equivalents through the Navient 401(k) Savings Plan. Between March 5 and May 22, 2026, he also acquired 310.9270 share equivalents via the 401(k) plan.
NAVIENT CORP executive Troy Standish reported routine equity compensation activity. On May 22, 2026, 2,482 previously granted RSUs vested, and an additional 263.033 shares were issued from related dividend equivalent rights. In connection with this vesting, 1,125 shares were withheld to cover tax obligations.
After these transactions, Standish directly held 251,858.8134 shares of Navient common stock and indirectly held 16,122.8460 share equivalents through the Navient 401(k) Savings Plan. Between March 5 and May 22, 2026, he also acquired 310.9270 share equivalents via the 401(k) plan.
NAVIENT CORP Executive Vice President and CFO Stephen M. Hauber reported a routine tax-related share withholding tied to previously granted restricted stock units (RSUs). On May 22, 2026, 1,673 RSUs vested and 175.319 additional shares were issued from related dividend equivalent rights. To cover tax withholding obligations, 816 common shares were withheld by Navient, as approved by the Compensation and Human Resources Committee. After this non-market disposition, Hauber directly holds 353,517.473 shares of Navient common stock.
NAVIENT CORP Executive Vice President and CFO Stephen M. Hauber reported a routine tax-related share withholding tied to previously granted restricted stock units (RSUs). On May 22, 2026, 1,673 RSUs vested and 175.319 additional shares were issued from related dividend equivalent rights. To cover tax withholding obligations, 816 common shares were withheld by Navient, as approved by the Compensation and Human Resources Committee. After this non-market disposition, Hauber directly holds 353,517.473 shares of Navient common stock.
Navient Corporation has filed a preliminary prospectus supplement, dated May 26, 2026, to offer senior unsecured notes due 2031. The supplement describes customary terms for senior notes, optional redemption mechanics and a change-of-control repurchase feature; aggregate size, interest rate and exact dates are subject to completion.
The supplement reiterates key portfolio metrics: $15.6 billion of Private Education Loans, $27.2 billion of FFELP Loans and $48,004 (in millions) of total assets as of March 31, 2026. Net proceeds are stated for general corporate purposes, including debt repurchases.
Navient Corporation has filed a preliminary prospectus supplement, dated May 26, 2026, to offer senior unsecured notes due 2031. The supplement describes customary terms for senior notes, optional redemption mechanics and a change-of-control repurchase feature; aggregate size, interest rate and exact dates are subject to completion.
The supplement reiterates key portfolio metrics: $15.6 billion of Private Education Loans, $27.2 billion of FFELP Loans and $48,004 (in millions) of total assets as of March 31, 2026. Net proceeds are stated for general corporate purposes, including debt repurchases.