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 reported a return to profitability in Q3, posting net income of $135.9 million versus a loss a year ago. Basic EPS was $0.64 and diluted EPS was $0.63. Net interest income rose to $373.0 million as funding costs eased and loan yields remained solid, while the provision for credit losses fell to $179.5 million, reflecting stable credit trends and the accounting impact of loan sales.
Non‑interest income improved sharply, led by $136.0 million of gains on loan sales. For the quarter, SLM sold $1.936 billion of Private Education Loans and recorded strong margins on those transactions. Operating expenses were $180.4 million. On the balance sheet, loans held for investment totaled $23.03 billion (gross) and deposits were $20.01 billion. The allowance for credit losses was $1.53 billion. Capital returned to shareholders included a $0.13 quarterly dividend and the repurchase of 5.63 million shares. Shares outstanding were 203,038,649 as of September 30, 2025.
SLM Corporation furnished an 8-K announcing its financial results for the quarter ended September 30, 2025. The company made its press release and related materials available on its investor website and furnished them as Exhibit 99.1.
The information under Item 2.02, including Exhibit 99.1, is being furnished and is not deemed filed for purposes of Section 18 of the Exchange Act, and is not incorporated by reference into other SEC filings except as expressly stated.
SLM Corporation has entered into a retention agreement with Donna F. Vieira, its Executive Vice President and Chief Commercial Officer. Under this agreement, she will continue serving as Chief Commercial Officer until December 31, 2025, or an earlier date if a new Chief Commercial Officer is hired, and remain an employee until April 3, 2026, when she will retire.
Subject to continued adequate performance and assisting with the transition of her duties through her retirement date, Ms. Vieira will receive a $750,000 cash retention bonus. She must provide a general release of claims and comply with customary restrictive covenants. If she resigns before April 3, 2026 or is terminated for cause, she will forfeit the retention bonus. She will not receive severance under the company’s executive severance plan, but will receive compensation and equity treatment consistent with her retirement eligibility.
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.
SLM Corporation furnished an investor presentation in connection with the previously announced Barclays Global Financial Services Conference held on September 9, 2025. The presentation, titled the 2025 Barclays Global Financial Services Conference Presentation, has been posted on the company’s investor relations website at SallieMae.com/Investors and is attached as Exhibit 99.1. Chief Financial Officer Pete Graham is scheduled to speak to the information and updates in this deck at the conference.
The company states that the material in this report, including Exhibit 99.1, is being furnished under Regulation FD and is not deemed “filed” for purposes of the Securities Exchange Act of 1934, nor incorporated by reference into other SEC documents unless specifically referenced.
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").