Welcome to our dedicated page for Slm SEC filings (Ticker: SLM), 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.
SLM Corporation filings document the regulatory record of Sallie Mae's private education lending business, registered common stock and floating-rate non-cumulative preferred stock. Its 8-K reports cover operating and financial results, investor presentations, Regulation FD disclosures, senior-note and financing matters, material agreements, and other capital-structure events.
Proxy materials describe board composition, executive compensation, shareholder voting matters and governance practices. The filing record also addresses risk factors and formal leadership changes, including officer appointments and related compensation disclosures, within the company's public-company reporting framework.
SLM Corporation completed an offering of $500,000,000 of 6.495% Fixed-to-Floating Rate Senior Notes due 2032. The notes pay a fixed 6.495% annual interest rate until May 15, 2031, then switch to a floating rate equal to a benchmark plus 271 basis points until maturity.
Interest is paid semi-annually during the fixed period and quarterly during the floating period. The company may redeem the notes at specified prices and must offer to repurchase them at 101% of principal plus interest upon certain change of control events.
SLM intends to use the net proceeds primarily to fund a tender offer for its 3.125% senior notes due 2026, including accrued interest and related fees, and to repay any remaining 2026 notes at maturity.
SLM Corp. reporting person Capital Research Global Investors filed an amendment to its Schedule 13G stating it is deemed the beneficial owner of 5,308,741 shares of Common Stock, representing 2.8% of the 188,582,790 shares believed outstanding as of 03/31/2026. The filing lists sole voting and dispositive power over 5,308,741 shares and identifies affiliated investment management entities. The amendment is signed by Jae Won Chung on 05/11/2026.
SLM Corp ownership filing: Barrow Hanley Global Investors reports beneficial ownership of 5,230,959 shares of SLM common stock, representing 2.64% of the class as of 03/31/2026. The filing reports sole voting and dispositive power over all shares. The Schedule 13G is signed by the filer’s CCO.
SLM Corporation is offering $500,000,000 of 6.495% Fixed-to-Floating Rate Senior Notes due 2032. The notes pay 6.495% semiannually from and including the issue date through May 15, 2031, then reset to Compounded SOFR + 271 basis points payable quarterly until maturity on May 15, 2032. Net proceeds are expected to be approximately $493.2 million and are intended to fund a concurrent tender offer for the company’s outstanding 3.125% Senior Notes due 2026, with any remaining proceeds used to repay remaining 2026 Notes at maturity. The offering is unsecured, senior and structurally subordinated to liabilities of SLM’s subsidiaries, and the floating-rate period references the SOFR Index with benchmark-replacement mechanics described in the terms.
SLM Corporation is offering $500,000,000 of 6.495% Fixed-to-Floating Rate Senior Notes due 2032. The notes pay 6.495% semiannually from and including the issue date through May 15, 2031, then reset to Compounded SOFR + 271 basis points payable quarterly until maturity on May 15, 2032. Net proceeds are expected to be approximately $493.2 million and are intended to fund a concurrent tender offer for the company’s outstanding 3.125% Senior Notes due 2026, with any remaining proceeds used to repay remaining 2026 Notes at maturity. The offering is unsecured, senior and structurally subordinated to liabilities of SLM’s subsidiaries, and the floating-rate period references the SOFR Index with benchmark-replacement mechanics described in the terms.
SLM Corporation, commonly known as Sallie Mae, has launched a cash tender offer for any and all of its outstanding 3.125% senior notes due November 2, 2026. The notes have $500,000,000 principal amount outstanding and carry a 3.125% coupon.
The purchase price per $1,000 principal amount will be set by adding a fixed spread of 25 basis points to the yield of the 4.125% U.S. Treasury due October 31, 2026, as quoted on the Bloomberg FIT 3 page at 2 p.m. New York City time on May 12, 2026, the current expiration time of the offer.
Holders whose notes are purchased will also receive accrued and unpaid interest to, but excluding, the expected settlement date of May 15, 2026. The tender offer is being made in connection with a contemporaneous new senior debt offering, and is conditioned on completion of that new notes offering, which will provide proceeds to repurchase tendered notes. Sallie Mae expects to repay any notes not tendered at maturity and, subject to the new notes offering and tender completion, to deposit funds with the trustee to repay remaining notes at maturity and satisfy and discharge the indenture for these notes.
SLM Corporation (Sallie Mae) is offering a series of fixed-to-floating rate senior notes and, concurrently, launched a tender offer to purchase any and all of its outstanding 3.125% Senior Notes due 2026 with $500,000,000 outstanding. Proceeds are intended to fund the Tender Offer and related fees; any remaining net proceeds will be used to repay the 2026 Notes at maturity.
The notes will pay a fixed rate initially and reset to a floating rate equal to Compounded SOFR plus a spread; the prospectus details SOFR-based calculation mechanics, Benchmark Transition Event fallbacks, optional redemption features, and a Change of Control repurchase right at 101% plus accrued interest. The notes are unsecured, rank equally with existing unsecured debt, are structurally subordinated to subsidiary liabilities, and will not be listed.
SLM Corporation has furnished an investor presentation summarizing its quarter ended March 31, 2026. Private education loan originations were about $2.9 billion, a 5% increase from the year-ago quarter, and GAAP diluted earnings per common share were $1.54 on net income attributable to common stock of $304 million.
Net interest margin was 5.29% and cost of funds was 4.13%, supporting a return on common equity of 56.4%. The company sold $3.3 billion of private education loans and completed a $618 million ABS securitization.
Capital return remained a focus: SLM repurchased 12 million shares for $259 million, about 6% of shares outstanding at December 31, 2025, paid a $0.13 common dividend, and entered a $200 million accelerated share repurchase. Management highlights robust credit quality, diversified funding with $20.5 billion of deposits, and expects recent federal student loan reforms to potentially increase originations by up to 70% over several years.
SLM Corp executive Nicolas Jafarieh reported gifting shares of company stock. As EVP – Legal, Government and Communications Officer, he made two bona fide gift transfers of SLM common stock on May 1, 2026, totaling 5,488 shares. These were recorded as non-market dispositions, with no sale proceeds reported.
SLM Corp reported that Vanguard Capital Management beneficially owns 10,093,938 shares of Common Stock, representing 5.09% of the class. The filing shows sole voting power for 1,530,115 shares and sole dispositive power for 10,093,938 shares, and states these holdings include securities held for Vanguard funds and managed accounts.
The Schedule 13G disclosure is signed by Ashley Grim on behalf of Vanguard Capital Management and reflects holdings reported for the filer.
SLM Corp reported an ownership disclosure: Vanguard Portfolio Management beneficially owned 10,913,361 shares of Common Stock, representing 5.50% of the class as of 03/31/2026. The filing states Vanguard has 86,232 shares of sole voting power and 10,913,361 shares of sole dispositive power. The Schedule 13G was signed on 04/29/2026.