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.
Navient Corporation reports first-quarter 2026 results showing a return to profitability on a GAAP basis and continued balance-sheet simplification. GAAP net income was $17 million, or $0.17 per diluted share, compared with a net loss of $2 million, or $(0.02), a year earlier. Core Earnings net income was $19 million, or $0.20 per diluted share, down from $26 million, or $0.25, reflecting lower net interest margins and the exit from business processing.
In Consumer Lending, net income was $35 million with a net interest margin of 2.48%. Private Education Loan originations reached $818 million, up 61% from $508 million, driven by refinance volume. Federal Education Loans generated $22 million of net income and a 0.65% net interest margin as the FFELP portfolio continued to pay down.
Navient highlighted its restructuring program and portfolio sales completed in 2024–2025, which reduced operating expenses and removed the Business Processing segment. The company returned $38 million to shareholders through $23 million of share repurchases and $15 million of dividends. The GAAP equity-to-asset ratio was 4.9% and the Adjusted Tangible Equity Ratio was 8.9% as of March 31, 2026.
Navient Corporation reports first-quarter 2026 results showing a return to profitability on a GAAP basis and continued balance-sheet simplification. GAAP net income was $17 million, or $0.17 per diluted share, compared with a net loss of $2 million, or $(0.02), a year earlier. Core Earnings net income was $19 million, or $0.20 per diluted share, down from $26 million, or $0.25, reflecting lower net interest margins and the exit from business processing.
In Consumer Lending, net income was $35 million with a net interest margin of 2.48%. Private Education Loan originations reached $818 million, up 61% from $508 million, driven by refinance volume. Federal Education Loans generated $22 million of net income and a 0.65% net interest margin as the FFELP portfolio continued to pay down.
Navient highlighted its restructuring program and portfolio sales completed in 2024–2025, which reduced operating expenses and removed the Business Processing segment. The company returned $38 million to shareholders through $23 million of share repurchases and $15 million of dividends. The GAAP equity-to-asset ratio was 4.9% and the Adjusted Tangible Equity Ratio was 8.9% as of March 31, 2026.
Joe Fisher reported proposed sales of Common Stock under Rule 144. The notice lists three proposed dispositions: 20,000 shares on 03/12/2026, 30,000 shares on 04/13/2026, and 30,982 shares on 04/14/2026, with dollar values shown for each.
The filing also lists recent restricted stock vesting events dated 02/04/2025, 02/06/2025, 02/09/2025, and 03/03/2025 with respective share counts in the filing excerpt.
Joe Fisher reported proposed sales of Common Stock under Rule 144. The notice lists three proposed dispositions: 20,000 shares on 03/12/2026, 30,000 shares on 04/13/2026, and 30,982 shares on 04/14/2026, with dollar values shown for each.
The filing also lists recent restricted stock vesting events dated 02/04/2025, 02/06/2025, 02/09/2025, and 03/03/2025 with respective share counts in the filing excerpt.
Navient Corporation is asking shareholders to vote on four key items at its 2026 virtual annual meeting. Investors will elect six directors, ratify KPMG LLP as independent auditor for 2026, cast an advisory vote on executive pay, and choose how often to hold future Say‑on‑Pay votes, with the Board recommending “ONE YEAR.”
The meeting will be held online on June 4, 2026, and shareholders of record as of April 6, 2026 can vote by internet, phone, mail, or during the webcast. Navient highlights majority voting for directors, proxy access, fully independent key committees, and stock ownership guidelines as part of its governance framework.
The proxy details a leadership transition: CEO David Yowan will step down in June 2026 but remain on the Board, while Board Chair Edward Bramson becomes combined Chair and CEO, supported by Lead Independent Director Larry Klane. The filing also outlines Sherborne Group’s 31.3% ownership, related cooperation agreement limits, and the Board’s risk, compensation, and cybersecurity oversight structures.
Navient Corporation is asking shareholders to vote on four key items at its 2026 virtual annual meeting. Investors will elect six directors, ratify KPMG LLP as independent auditor for 2026, cast an advisory vote on executive pay, and choose how often to hold future Say‑on‑Pay votes, with the Board recommending “ONE YEAR.”
The meeting will be held online on June 4, 2026, and shareholders of record as of April 6, 2026 can vote by internet, phone, mail, or during the webcast. Navient highlights majority voting for directors, proxy access, fully independent key committees, and stock ownership guidelines as part of its governance framework.
The proxy details a leadership transition: CEO David Yowan will step down in June 2026 but remain on the Board, while Board Chair Edward Bramson becomes combined Chair and CEO, supported by Lead Independent Director Larry Klane. The filing also outlines Sherborne Group’s 31.3% ownership, related cooperation agreement limits, and the Board’s risk, compensation, and cybersecurity oversight structures.
JSM affiliate files Form 144 reporting sales activity in Common Stock. The filing lists scheduled issuances from restricted stock vesting and an ESPP purchase and discloses that Joe Fisher sold 20,000 shares on 03/12/2026 for $160,421.29 and 30,000 shares on 04/13/2026 for $240,961.96.
JSM affiliate files Form 144 reporting sales activity in Common Stock. The filing lists scheduled issuances from restricted stock vesting and an ESPP purchase and discloses that Joe Fisher sold 20,000 shares on 03/12/2026 for $160,421.29 and 30,000 shares on 04/13/2026 for $240,961.96.
JSM submitted a Form 144 notice reporting a proposed sale of common stock and prior insider sales. The excerpt shows an insider, Joe Fisher, reported sale of 20,000 shares on 03/12/2026 for $160,421.29. The filing lists multiple restricted stock vesting entries with dated share counts (examples include 3,110 on 10/07/2021, 4,542 on 02/04/2022, and 11,615 on 02/04/2023).
JSM submitted a Form 144 notice reporting a proposed sale of common stock and prior insider sales. The excerpt shows an insider, Joe Fisher, reported sale of 20,000 shares on 03/12/2026 for $160,421.29. The filing lists multiple restricted stock vesting entries with dated share counts (examples include 3,110 on 10/07/2021, 4,542 on 02/04/2022, and 11,615 on 02/04/2023).
Dimensional Fund Advisors reported beneficial ownership of 6,383,533 shares (6.7%) of Navient Corp Common Stock. The filing states Dimensional has sole voting power over 6,274,996 shares and sole dispositive power over 6,383,533 shares; the holdings are owned by client Funds and Dimensional disclaims beneficial ownership. The filing is signed by the Global Chief Compliance Officer on 04/09/2026.
Dimensional Fund Advisors reported beneficial ownership of 6,383,533 shares (6.7%) of Navient Corp Common Stock. The filing states Dimensional has sole voting power over 6,274,996 shares and sole dispositive power over 6,383,533 shares; the holdings are owned by client Funds and Dimensional disclaims beneficial ownership. The filing is signed by the Global Chief Compliance Officer on 04/09/2026.
JSM submitted a Rule 144 notice to sell 20,000 shares of Common Stock through Fidelity Brokerage Services LLC. The filing lists aggregate proceeds of $160,421.29 and is dated 03/12/2026, with the shares traded on NASDAQ.
JSM submitted a Rule 144 notice to sell 20,000 shares of Common Stock through Fidelity Brokerage Services LLC. The filing lists aggregate proceeds of $160,421.29 and is dated 03/12/2026, with the shares traded on NASDAQ.
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.
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.
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.
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.
Navient Corporation executive Troy Standish reported a tax-withholding disposition of 1,783 shares of common stock at $8.62 per share. This withholding occurred when previously granted performance stock units vested based on 2023–2025 results and related dividend equivalents were issued.
The compensation committee approved achievement of these performance stock units at 59% of target, leading to settlement of 3,626.73 shares plus 486.693 dividend-equivalent shares. Standish’s balance also reflects the forfeiture of 2,858.481 performance units that did not meet threshold performance and the acquisition of 691.662 share equivalents through the Navient 401(k) Savings Plan.
Navient Corporation executive Troy Standish reported a tax-withholding disposition of 1,783 shares of common stock at $8.62 per share. This withholding occurred when previously granted performance stock units vested based on 2023–2025 results and related dividend equivalents were issued.
The compensation committee approved achievement of these performance stock units at 59% of target, leading to settlement of 3,626.73 shares plus 486.693 dividend-equivalent shares. Standish’s balance also reflects the forfeiture of 2,858.481 performance units that did not meet threshold performance and the acquisition of 691.662 share equivalents through the Navient 401(k) Savings Plan.