Slm Corp SEC Filings

Henry F. Greig, a director of SLM Corp (symbol provided as SLMBP in metadata), reported a non-derivative acquisition of company common stock on 09/17/2025. The Form 4 shows he was granted 889 shares in lieu of his quarterly cash retainer and committee fees at a per-share value equal to the closing sales price on the grant date, recorded at a price of $0 on the form. After the grant and related items, his beneficial ownership is reported as 6,194.6421 shares. The filing also notes inclusion of Dividend Equivalent Units issued in connection with restricted common stock he holds. The form was signed by a POA on 09/19/2025.

Ted Manvitz, a director of SLM Corp (ticker SLMBP), received 866 shares of common stock as compensation in lieu of his quarterly cash retainer and committee fees on the reported transaction date. After the grant and related adjustments, the reporting person beneficially owned 64,831.8982 shares, a total that includes dividend equivalent units tied to restricted stock and shares acquired via a dividend reinvestment plan. The shares were granted at a per-share value equal to the closing sales price on the grant date and were issued at no cash cost to the reporting person.

Richard Scott Blackley, a director of SLM Corporation, received a grant of 977 shares of Common Stock on 09/17/2025 in lieu of his quarterly cash retainer and committee fees. The grant’s per-share value was equal to the closing sales price on the grant date. After the transaction, the reporting person beneficially owned 42,257.5698 shares, which the filer states includes Dividend Equivalent Units issued in connection with restricted stock holdings. The Form 4 was signed by a power of attorney on behalf of Mr. Blackley on 09/19/2025.

Sallie Mae (SLM) filed a Post-Effective Amendment to a prior Form S-8 to move shares originally registered for its 2014 Employee Stock Purchase Plan (the "2014 ESPP") to a newly approved 2025 Employee Stock Purchase Plan (the "2025 Plan"). Shareholders approved the 2025 Plan on June 17, 2025, and the 2025 Plan provides for 13,250,000 shares available for issuance. The amendment notes that the 2014 ESPP will terminate no later than 60 days after July 31, 2025, when the current offering period ends and outstanding options are settled.

The filing clarifies that no additional shares beyond those previously registered are being added, and that 13,250,000 of the shares previously available under the 2014 ESPP are being carried forward to the 2025 Plan, leaving 280,273 shares remaining under the 2014 ESPP prior to its termination. The registrant incorporates the original registration statement by reference and follows SEC guidance for Form S-8 post-effective amendments.

Brave Warrior Advisors, LLC filed a Schedule 13G reporting beneficial ownership of 10,540,905 shares of SLM Corporation common stock, representing 5.0% of the class. The filing states these shares are held with sole voting and dispositive power over all 10,540,905 shares. The filer certifies the holdings were acquired and are held in the ordinary course of business and not to influence control of the issuer.

Barrow Hanley Mewhinney & Strauss LLC disclosed beneficial ownership of 13,616,798 shares of SLM common stock, representing 6.53% of the class. The filing shows the firm holds sole dispositive power over all 13,616,798 shares and reports 9,914,929 shares with sole voting power plus 3,701,869 shares with shared voting power.

The statement was submitted on a Schedule 13G and includes a certification that the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The reporting person is identified as an investment adviser (type "IA").

SLM Corporation made two presentations available on its investor website: "SLM Corporation Investor Presentation Period Ended June 30, 2025" and "Smart Option Student Loan Historical Performance Data — Period Ended June 30, 2025". These materials are furnished as Exhibits 99.1 and 99.2 and provide an investor slide presentation plus historical performance data for the Smart Option student loan product covering the stated period.

The filing notes that the furnished exhibits, including the Cover Page Inline XBRL (Exhibit 104), shall not be deemed "filed" for purposes of Section 18 of the Exchange Act and are not incorporated by reference into other SEC filings except by specific reference. No earnings, transactions, or additional financial statements are presented in this Item 7.01 disclosure.