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Navient (NAVI) EVP receives 51,843-share RSU stock award

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

STANDISH TROY reported acquisition or exercise transactions in this Form 4 filing.

Navient Corporation executive vice president and chief operating officer Troy Standish received a grant of 51,843 shares of common stock in the form of restricted stock units on March 4, 2026, at a reference price of $8.68 per share under the 2024 Omnibus Incentive Plan.

The RSUs will be settled solely in Navient common stock and vest in one-third increments on each of the first, second and third anniversaries of the grant date. Following the grant, Standish directly holds 250,658.0174 shares of Navient common stock.

Indirectly, through the Navient 401(k) Savings Plan, he holds 15,811.9190 share equivalents of Navient common stock as of March 4, 2026, after a decrease of 17.086 share equivalents between March 2, 2026, and March 4, 2026.

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*
STANDISH TROY

(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 & Chief Operating Officer
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 51,843(1) A $8.68 250,658.0174 D
Common Stock 15,811.919(2) I By 401(k)
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.
2. Between March 2, 2026, and March 4, 2026, the reporting person's share equivalents of Navient common stock under the Navient 401(k) Savings Plan decreased by 17.086. The information in this report is based on the reporting person's actual account balance as of March 4, 2026
/s/ Matthew Sheldon (POA) for Troy Standish 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 JSM executive Troy Standish report?

Troy Standish reported receiving a grant of 51,843 shares of Navient common stock in the form of restricted stock units on March 4, 2026. These RSUs were granted under Navient’s 2024 Omnibus Incentive Plan as part of his executive compensation package.

How do Troy Standish’s new RSUs at JSM vest over time?

The 51,843 restricted stock units granted to Troy Standish vest in three equal installments. One-third of the RSUs vest on each of the first, second and third anniversaries of the March 4, 2026 grant date, provided the standard vesting conditions are satisfied.

What is Troy Standish’s Navient share ownership after this Form 4?

After the reported transactions, Troy Standish directly owns 250,658.0174 shares of Navient common stock. In addition, he indirectly holds 15,811.9190 share equivalents through the Navient 401(k) Savings Plan, based on his account balance as of March 4, 2026.

What change occurred in Troy Standish’s 401(k) share equivalents at JSM?

Between March 2, 2026 and March 4, 2026, Troy Standish’s share equivalents of Navient common stock in the Navient 401(k) Savings Plan decreased by 17.086. The reported indirect holdings reflect his actual account balance as of March 4, 2026, after this change.

Was the insider transaction by Troy Standish a market purchase or sale for JSM?

The primary transaction was a grant of 51,843 restricted stock units, categorized as a grant, award, or other acquisition rather than an open-market purchase or sale. The change in 401(k) share equivalents is reported without a specific buy or sell code.
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