STOCK TITAN

[Form 4] SLM Corp Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

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.

Henry F. Greig, un direttore di SLM Corp (il simbolo fornito nei metadati è SLMBP), ha riportato un'acquisizione non derivativa di azioni comuni della società il 17/09/2025. Il Modulo 4 mostra che gli sono state conferite 889 azioni in sostituzione del suo stipendio fisso trimestrale in contanti e delle commissioni di comitato a un valore per azione pari al prezzo di chiusura nel giorno di assegnazione, registrato sul modulo con un prezzo di $0. Dopo l'assegnazione e gli elementi correlati, la sua proprietà vantata è riportata come 6.194,6421 azioni. Il verbale annota anche l'inclusione di Unità Equivalenti al Dividendo emesse in relazione alle azioni comuni vincolate che possiede. Il modulo è stato firmato da un procuratore (POA) il 19/09/2025.

Henry F. Greig, director de SLM Corp (el símbolo proporcionado como SLMBP en los metadatos), reportó una adquisición no derivativa de acciones ordinarias de la empresa el 17/09/2025. El Formulario 4 muestra que se le otorgaron 889 acciones en lugar de su estipendio en efectivo trimestral y tarifas de comité a un valor por acción igual al precio de cierre en la fecha de concesión, registrado en el formulario con un precio de $0. Después de la concesión y los elementos relacionados, su propiedad beneficiosa se informa como 6,194.6421 acciones. El archivo también señala la inclusión de Unidades Equivalentes a Dividendos emitidas en relación con las acciones comunes restringidas que posee. El formulario fue firmado por un apoderado el 19/09/2025.

Henry F. Greig, SLM Corp의 이사(메타데이터에서 기호가 SLMBP로 제공됨), 2025년 9월 17일 비파생적 회사 보통주 취득을 보고했습니다. Form 4에 따르면 그에게 분기 현금 수당 및 위원회 수수료를 대신한 889주가 부여되었으며, 부여일 종가와 같은 주당 가치를 갖고 양식에 $0로 기재되었습니다. 부여 및 관련 항목 후에 그의 유익한 소유지는 6,194.6421주로 보고됩니다. 제출 문서에는 그가 보유한 제한 보통주와 관련하여 발행된 배당 등가 단위의 포함도 기재되어 있습니다. 이 양식은 2025년 9월 19일에 대리인이 서명했습니다.

Henry F. Greig, administrateur de SLM Corp (le symbole fourni dans les métadonnées est SLMBP), a signalé une acquisition non dérivée d’actions ordinaires de l’entreprise le 17/09/2025. Le Formulaire 4 indique qu’on lui a accordé 889 actions en remplacement de son salaire trimestriel en espèces et des frais de comité à une valeur par action égale au prix de clôture à la date d’attribution, enregistré sur le formulaire à un prix de 0 $. Après l’attribution et les éléments associés, sa propriété bénéficiaire est reportée comme 6 194,6421 actions. Le dossier note également l’inclusion d’unités équivalentes au dividende émisees en relation avec les actions ordinaires restreintes qu’il détient. Le formulaire a été signé par un mandataire (POA) le 19/09/2025.

Henry F. Greig, ein Direktor von SLM Corp (Symbol in den Metadaten als SLMBP angegeben), meldete am 17.09.2025 eine nicht derivativ erworbene Ausgabe von Stammaktien des Unternehmens. Das Formular 4 zeigt, dass ihm 889 Aktien anstatt seines vierteljährlichen Bar-Entgelts und Ausschussgebühren zu einem pro Aktie gleich dem Schlusskurs am Gewährungstag gewährt wurden, im Formular mit einem Preis von 0 $ vermerkt. Nach der Zuteilung und den damit verbundenen Positionen wird sein wirtschaftliches Eigentum mit 6.194,6421 Aktien angegeben. Dem Formular ist außerdem zu entnehmen, dass Dividendenäquivalenteinheiten im Zusammenhang mit den von ihm gehaltenen eingeschränkten Stammaktien ausgegeben wurden. Das Formular wurde am 19.09.2025 von einer Bevollmächtigtenperson (POA) unterzeichnet.

هينري ف. جريغ، مدير في SLM Corp (الرمز المعطى في بيانات التعريف SLMBP)، أبلغ عن اقتناء غير مشتق لأسهم الشركة العادية في 17/09/2025. يظهر النموذج 4 أنه أُمنُت له 889 سهماً بدلاً من بدل النقدي الفصلي ورسوم اللجنة بسعر للسهم مساوي لسعر الإغلاق في تاريخ المنح، والمسجل في النموذج بسعر 0 دولار. بعد المنح والعناصر المرتبطة، يُذكر امتلاكه المفيد بـ 6,194.6421 سهماً. كما ي notes الوثيق أن هناك إدراجاً لـ وحدات مكافئـة للأرباح صادرة فيما يتصل بالأسهم العادية المقيدة التي يمتلكها. قدّم النموذج موقعاً من وكيل (POA) في 19/09/2025.

Henry F. Greig,SLM Corp 的董事(元数据中符号为 SLMBP),在 2025-09-17 报告了公司普通股的非衍生性取得。 Form 4 显示他获得了 889 股 以代替其季度现金酬金及委员会费,每股价值等于授予日收盘价,表格记为 0 美元。授予及相关事项后,他的实益拥有量被报告为 6,194.6421 股。文件还提到在他所持有的受限普通股相关发行的 股息等价单位。该表格由授权代理人(POA)于 2025-09-19 签署。

Positive
  • Grant of 889 shares received in lieu of quarterly cash retainer and committee fees
  • Beneficial ownership reported as 6,194.6421 shares following the transaction
  • Dividend Equivalent Units included for restricted common stock held by the reporting person
  • Form 4 filed and signed by POA, indicating formal Section 16 disclosure
Negative
  • None.

Insights

TL;DR: Routine director equity grant recorded as compensation; modest change in reported beneficial ownership.

The reported transaction is a non-cash compensation grant of 889 common shares received instead of a quarterly cash retainer and committee fees. Such grants are common for aligning director compensation with shareholder interests and do not indicate a purchase or sale by the director. The reported post-transaction beneficial ownership is 6,194.6421 shares, and the form discloses Dividend Equivalent Units tied to restricted stock, which affects long-term economic exposure. There is no information in the filing about material changes to company operations, significant open-market transactions, or derivative activity.

TL;DR: Standard insider disclosure of equity compensation; no governance red flags evident from the form.

The Form 4 documents a grant of common stock to a director in lieu of cash compensation, with explicit disclosure of the grant amount and resulting beneficial ownership. The filing follows Section 16 reporting requirements and was executed via power of attorney. The inclusion of Dividend Equivalent Units for restricted stock is noted, showing the director receives economically equivalent items tied to restricted holdings. The disclosure is concise and limited to compensation-related equity, with no additional governance events disclosed.

Henry F. Greig, un direttore di SLM Corp (il simbolo fornito nei metadati è SLMBP), ha riportato un'acquisizione non derivativa di azioni comuni della società il 17/09/2025. Il Modulo 4 mostra che gli sono state conferite 889 azioni in sostituzione del suo stipendio fisso trimestrale in contanti e delle commissioni di comitato a un valore per azione pari al prezzo di chiusura nel giorno di assegnazione, registrato sul modulo con un prezzo di $0. Dopo l'assegnazione e gli elementi correlati, la sua proprietà vantata è riportata come 6.194,6421 azioni. Il verbale annota anche l'inclusione di Unità Equivalenti al Dividendo emesse in relazione alle azioni comuni vincolate che possiede. Il modulo è stato firmato da un procuratore (POA) il 19/09/2025.

Henry F. Greig, director de SLM Corp (el símbolo proporcionado como SLMBP en los metadatos), reportó una adquisición no derivativa de acciones ordinarias de la empresa el 17/09/2025. El Formulario 4 muestra que se le otorgaron 889 acciones en lugar de su estipendio en efectivo trimestral y tarifas de comité a un valor por acción igual al precio de cierre en la fecha de concesión, registrado en el formulario con un precio de $0. Después de la concesión y los elementos relacionados, su propiedad beneficiosa se informa como 6,194.6421 acciones. El archivo también señala la inclusión de Unidades Equivalentes a Dividendos emitidas en relación con las acciones comunes restringidas que posee. El formulario fue firmado por un apoderado el 19/09/2025.

Henry F. Greig, SLM Corp의 이사(메타데이터에서 기호가 SLMBP로 제공됨), 2025년 9월 17일 비파생적 회사 보통주 취득을 보고했습니다. Form 4에 따르면 그에게 분기 현금 수당 및 위원회 수수료를 대신한 889주가 부여되었으며, 부여일 종가와 같은 주당 가치를 갖고 양식에 $0로 기재되었습니다. 부여 및 관련 항목 후에 그의 유익한 소유지는 6,194.6421주로 보고됩니다. 제출 문서에는 그가 보유한 제한 보통주와 관련하여 발행된 배당 등가 단위의 포함도 기재되어 있습니다. 이 양식은 2025년 9월 19일에 대리인이 서명했습니다.

Henry F. Greig, administrateur de SLM Corp (le symbole fourni dans les métadonnées est SLMBP), a signalé une acquisition non dérivée d’actions ordinaires de l’entreprise le 17/09/2025. Le Formulaire 4 indique qu’on lui a accordé 889 actions en remplacement de son salaire trimestriel en espèces et des frais de comité à une valeur par action égale au prix de clôture à la date d’attribution, enregistré sur le formulaire à un prix de 0 $. Après l’attribution et les éléments associés, sa propriété bénéficiaire est reportée comme 6 194,6421 actions. Le dossier note également l’inclusion d’unités équivalentes au dividende émisees en relation avec les actions ordinaires restreintes qu’il détient. Le formulaire a été signé par un mandataire (POA) le 19/09/2025.

Henry F. Greig, ein Direktor von SLM Corp (Symbol in den Metadaten als SLMBP angegeben), meldete am 17.09.2025 eine nicht derivativ erworbene Ausgabe von Stammaktien des Unternehmens. Das Formular 4 zeigt, dass ihm 889 Aktien anstatt seines vierteljährlichen Bar-Entgelts und Ausschussgebühren zu einem pro Aktie gleich dem Schlusskurs am Gewährungstag gewährt wurden, im Formular mit einem Preis von 0 $ vermerkt. Nach der Zuteilung und den damit verbundenen Positionen wird sein wirtschaftliches Eigentum mit 6.194,6421 Aktien angegeben. Dem Formular ist außerdem zu entnehmen, dass Dividendenäquivalenteinheiten im Zusammenhang mit den von ihm gehaltenen eingeschränkten Stammaktien ausgegeben wurden. Das Formular wurde am 19.09.2025 von einer Bevollmächtigtenperson (POA) unterzeichnet.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GREIG HENRY F

(Last) (First) (Middle)
300 CONTINENTAL DRIVE

(Street)
NEWARK DE 19713

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SLM Corp [ SLM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/17/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/17/2025 A 889(1) A $0 6,194.6421(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of shares of SLM Corporation's Common Stock (the "Shares") received in lieu of the reporting person's quarterly cash retainer and respective committee fees. The per share value of the Shares was equal to the closing sales price per share as of the grant date.
2. Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person.
Remarks:
/s/ Jeffrey Lipschutz (POA) for Henry F. Greig 09/19/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Henry F. Greig report on the Form 4 for SLMBP?

The Form 4 reports a grant of 889 shares of SLM Corp common stock on 09/17/2025, received in lieu of his quarterly cash retainer and committee fees.

How many shares does Henry F. Greig beneficially own after the reported transaction?

Following the reported transaction, his beneficial ownership is listed as 6,194.6421 shares.

Was the director required to pay for the shares reported on the Form 4?

The filing shows the shares were granted in lieu of cash and records the price as $0 on the form, reflecting a compensation grant rather than a purchase.

Does the filing mention any derivative transactions or option exercises?

No; Table II (derivative securities) contains no reported transactions in this filing.

Are there any additional compensatory items disclosed with the shares?

Yes; the filing states it includes Dividend Equivalent Units issued in connection with restricted common stock held by the reporting person.
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