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, commonly known as Sallie Mae, announced senior leadership changes. The Board appointed current executives Peter M. Graham and Kerri A. Palmer as Co-Presidents of the company, effective immediately. Graham will serve as Co-President and Chief Financial Officer, and Palmer as Co-President and Head of Financial Services.
Both leaders already oversee major areas of the business and will now partner, reporting to CEO Jon Witter, to align and execute the company’s strategy. The company states there are no special arrangements underlying their appointments, no new material compensation plans, and no related-party transactions or family relationships requiring disclosure.
SLM Corporation’s 2026 proxy centers on governance, executive pay, and capital returns following a strong 2025. Stockholders are asked to elect 13 directors, approve executive compensation on an advisory basis, and ratify KPMG as auditor for 2026.
In 2025, Sallie Mae paid a quarterly dividend of $0.13 per share, sold about $5.0 billion of Private Education Loans, and repurchased roughly 12.8 million shares, supporting a three-year total shareholder return of 74.35% from December 31, 2022 to December 31, 2025. Leadership compensation is heavily performance-based, with CEO long‑term incentives weighted 60% in performance stock units tied to relative total shareholder return, and say‑on‑pay support reached 99.1% at the 2025 meeting.
SLM Corporation reports solid first-quarter 2026 results, driven mainly by its private education loan franchise and loan sale activity. Net income was $307.9 million, slightly above $304.5 million a year earlier, with basic EPS of $1.56 versus $1.43. Total interest income was $649.3 million and net interest income held steady at $375.4 million. The company sold $3.33 billion of private education loans, generating net gains of $146 million, though loan sale gains were lower than in 2025. Provision for credit losses was a net benefit of $11.5 million, compared with an expense of $23.3 million a year earlier, reflecting large negative provisions tied to loan sales and transfers to held-for-sale. Loans held for investment, all private education loans, totaled $21.17 billion gross, with an allowance for credit losses of $1.41 billion. Deposits were $20.5 billion, down modestly from year-end, while borrowings rose with new term ABS issuance. SLM was highly active in capital returns, repurchasing about 12.0 million common shares for roughly $291 million, including a $200 million accelerated share repurchase under a new $500 million program.
SLM Corporation reported stronger first quarter 2026 results and raised its full-year earnings outlook. GAAP diluted earnings per common share were $1.54, up from $1.40 a year earlier, with net income of $308 million and net income attributable to common stock of $304 million.
Private Education Loan originations grew 5% from the prior-year quarter, and average loans outstanding, net, were $23.3 billion. Net interest margin was 5.29% with a 4.13% cost of funds, while non-interest expenses were $171 million, in line with company expectations. Credit performance remained within guidance, with net charge-offs of $89 million, delinquencies at 3.98%, and loans in hardship forbearance at 0.99%.
The company continued significant capital returns, repurchasing 12.0 million shares for $259 million, entering a $200 million accelerated share repurchase with an initial 8.4 million shares delivered, and paying a $0.13 dividend per share. It now expects full-year 2026 diluted earnings per common share of $3.10 to $3.20, Private Education Loan originations growth of 12% to 14%, net charge-offs of $345 to $385 million, and non-interest expenses of $750 to $780 million.
Turner Steven Allen reported acquisition or exercise transactions in this Form 4 filing.
SLM Corp executive Steven Allen Turner, EVP and Chief Technology & Enablement, received a grant of 58,877 shares of Common Stock in the form of restricted stock units under the SLM Corporation 2021 Omnibus Incentive Plan. The RSUs will settle solely in SLM common shares.
Subject to continuing employment, 55% of the RSUs vest on April 1, 2027, 35% vest on April 1, 2028, and 10% vest on April 1, 2029. Following this award, Turner directly holds 84,218.5 shares of SLM common stock, including Dividend Equivalent Units related to RSUs.
SLM Corp — The Vanguard Group filed an amended Schedule 13G/A reporting 0 shares beneficially owned of SLM Corp common stock. The amendment follows an internal realignment on January 12, 2026 that caused certain Vanguard subsidiaries/divisions to report separately under SEC Release No. 34-39538.
The filing is signed by Ashley Grim as Head of Global Fund Administration on March 27, 2026, and lists the Vanguard reporting address in Malvern, PA.
GREIG HENRY F reported acquisition or exercise transactions in this Form 4 filing.
SLM Corp director Henry F. Greig received a stock grant of 1,274 shares of Common Stock as part of his board compensation. The shares were granted in lieu of his quarterly cash retainer and committee fees, valued at the closing market price on the grant date. Following this award, he directly holds a total of 8,459.3 shares, which include Dividend Equivalent Units linked to previously granted restricted stock.
SLM Corp director Ted Manvitz received a stock grant of 1,242 shares of Common Stock as part of his board compensation. The shares were issued in lieu of his quarterly cash retainer and committee fees, with the per share value based on the closing price on the grant date.
After this award, Manvitz directly holds 67,598.609 shares, which include dividend equivalent units tied to restricted stock and shares accumulated through a dividend reinvestment plan. This is a compensation-related, non-cash acquisition rather than an open-market purchase.
Blackley Richard Scott reported acquisition or exercise transactions in this Form 4 filing.
SLM Corp director Richard Scott Blackley received a grant of 1,402 shares of Common Stock on March 18, 2026. These shares were awarded in lieu of his quarterly cash retainer and committee fees, with the per-share value based on the closing price on the grant date.
After this grant, Blackley directly holds 33,040.3 shares of SLM Common Stock, which includes dividend equivalent units tied to previously awarded restricted stock. This is a routine, compensation-related equity award rather than an open-market purchase or sale.