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Turner Steven Allen reported acquisition or exercise transactions in this Form 4 filing.
SLM Corp executive Steven Allen Turner, EVP and Chief Technology & Enablement Officer, received a grant of 25,052 shares of common stock at a price of $0.00 per share. The footnotes explain this is a long-term incentive award of restricted stock units under the 2021 Omnibus Incentive Plan, which will be settled in SLM common stock. Subject to his continued employment, these RSUs vest in three equal installments on March 2, 2027, 2028, and 2029, aligning his compensation with the company’s long-term performance.
Turner Steven Allen reported acquisition or exercise transactions in this Form 4 filing.
SLM Corp executive Steven Allen Turner, EVP and Chief Technology & Enablement Officer, received a grant of 25,052 shares of common stock at a price of $0.00 per share. The footnotes explain this is a long-term incentive award of restricted stock units under the 2021 Omnibus Incentive Plan, which will be settled in SLM common stock. Subject to his continued employment, these RSUs vest in three equal installments on March 2, 2027, 2028, and 2029, aligning his compensation with the company’s long-term performance.
SLM Corp executive Kerri A. Palmer reported equity compensation activity involving company common stock. On March 2, she acquired 43,512 shares at $0.0000 per share through a grant of restricted stock units under the 2021 Omnibus Incentive Plan, which will vest in one-third increments on March 2, 2027, 2028, and 2029, subject to continued employment. On March 3, 3,596 shares were disposed of at $19.19 per share to cover tax withholding on 7,973 vested RSUs from a prior grant, leaving her with 169,037.295 shares of common stock held directly.
SLM Corp executive Kerri A. Palmer reported equity compensation activity involving company common stock. On March 2, she acquired 43,512 shares at $0.0000 per share through a grant of restricted stock units under the 2021 Omnibus Incentive Plan, which will vest in one-third increments on March 2, 2027, 2028, and 2029, subject to continued employment. On March 3, 3,596 shares were disposed of at $19.19 per share to cover tax withholding on 7,973 vested RSUs from a prior grant, leaving her with 169,037.295 shares of common stock held directly.
SLM Corp executive Munish Pahwa, EVP & Chief Risk Officer, reported equity compensation activity involving company common stock. On March 2, 2026, he acquired 23,074 restricted stock units as a long-term incentive award that vest in one-third increments on March 2, 2027, 2028, and 2029. On March 3, 2026, 2,332 shares were withheld at $19.19 per share to cover taxes on the vesting of 5,074 shares from a prior RSU grant, leaving him with 84,743.242 shares directly owned.
SLM Corp executive Munish Pahwa, EVP & Chief Risk Officer, reported equity compensation activity involving company common stock. On March 2, 2026, he acquired 23,074 restricted stock units as a long-term incentive award that vest in one-third increments on March 2, 2027, 2028, and 2029. On March 3, 2026, 2,332 shares were withheld at $19.19 per share to cover taxes on the vesting of 5,074 shares from a prior RSU grant, leaving him with 84,743.242 shares directly owned.
SLM Corp executive Nicolas Jafarieh reported new stock-based compensation and a related tax withholding transaction. On March 2, he acquired 51,424 restricted stock units classified as Common Stock at $0.00 per share as a long-term incentive award that vests in one-third increments on March 2 of 2027, 2028, and 2029, subject to continued employment. On March 3, 2,874 shares of Common Stock were withheld at $19.19 per share to cover tax obligations on 6,088 RSUs that vested, leaving him with 285,986.534 shares owned directly after the transactions.
SLM Corp executive Nicolas Jafarieh reported new stock-based compensation and a related tax withholding transaction. On March 2, he acquired 51,424 restricted stock units classified as Common Stock at $0.00 per share as a long-term incentive award that vests in one-third increments on March 2 of 2027, 2028, and 2029, subject to continued employment. On March 3, 2,874 shares of Common Stock were withheld at $19.19 per share to cover tax obligations on 6,088 RSUs that vested, leaving him with 285,986.534 shares owned directly after the transactions.
SLM Corp EVP and CFO Peter M. Graham reported equity compensation and related tax withholding transactions in company stock. On March 2, he acquired 49,314 restricted stock units classified as Common Stock at $0.00 per share as a long-term incentive award that vests in one-third increments on March 2, 2027, 2028, and 2029. On March 3, 4,708 shares of Common Stock were disposed of through a tax-withholding transaction when 10,437 shares vested from a prior RSU grant dated March 3, 2025. After these transactions, he held 152,338.147 shares of Common Stock directly.
SLM Corp EVP and CFO Peter M. Graham reported equity compensation and related tax withholding transactions in company stock. On March 2, he acquired 49,314 restricted stock units classified as Common Stock at $0.00 per share as a long-term incentive award that vests in one-third increments on March 2, 2027, 2028, and 2029. On March 3, 4,708 shares of Common Stock were disposed of through a tax-withholding transaction when 10,437 shares vested from a prior RSU grant dated March 3, 2025. After these transactions, he held 152,338.147 shares of Common Stock directly.
SLM Corp CEO Jonathan W. Witter reported compensatory equity transactions in company common stock. He acquired 338,188 shares at no cost through the vesting of performance stock units granted on February 17, 2023, certified by the Compensation Committee on February 24, 2026. These shares are subject to transfer restrictions and forfeiture conditions until February 24, 2027.
To cover related tax withholding obligations, 169,433 shares were disposed of at $19.84 per share. After these transactions, Witter directly held 1,277,141.693 shares of SLM common stock, including dividend equivalent units tied to restricted stock units.
SLM Corp CEO Jonathan W. Witter reported compensatory equity transactions in company common stock. He acquired 338,188 shares at no cost through the vesting of performance stock units granted on February 17, 2023, certified by the Compensation Committee on February 24, 2026. These shares are subject to transfer restrictions and forfeiture conditions until February 24, 2027.
To cover related tax withholding obligations, 169,433 shares were disposed of at $19.84 per share. After these transactions, Witter directly held 1,277,141.693 shares of SLM common stock, including dividend equivalent units tied to restricted stock units.
SLM Corporation released an updated investor presentation summarizing strong fourth-quarter and full-year 2025 results. Full-year GAAP net income attributable to common stock was $729M, with GAAP diluted EPS of $3.46 and a net interest margin of 5.24%. Q4 2025 net income attributable to common stock was $229M, or $1.12 per diluted share, on private education loan originations of $1.0B in the quarter and $7.4B for the year, up from $7.0B in 2024. The company sold $5.0B of private education loans in 2025 and reported a Q4 provision for credit losses of ($19M), versus $108M in Q4 2024. Capital returns were significant, with $373M of share repurchases in 2025 at an average price of $29.02 and a newly announced 24‑month $500M 2026 share repurchase program. Return on common equity reached 34.4% for 2025, supported by a total risk-based capital ratio of 12.4% and a CET1 ratio of 11.1%.
SLM Corporation released an updated investor presentation summarizing strong fourth-quarter and full-year 2025 results. Full-year GAAP net income attributable to common stock was $729M, with GAAP diluted EPS of $3.46 and a net interest margin of 5.24%. Q4 2025 net income attributable to common stock was $229M, or $1.12 per diluted share, on private education loan originations of $1.0B in the quarter and $7.4B for the year, up from $7.0B in 2024. The company sold $5.0B of private education loans in 2025 and reported a Q4 provision for credit losses of ($19M), versus $108M in Q4 2024. Capital returns were significant, with $373M of share repurchases in 2025 at an average price of $29.02 and a newly announced 24‑month $500M 2026 share repurchase program. Return on common equity reached 34.4% for 2025, supported by a total risk-based capital ratio of 12.4% and a CET1 ratio of 11.1%.
SLM Corporation, known as Sallie Mae, files its annual report describing a focused private student loan and online deposit banking franchise. In 2025 it originated $7.4 billion of Private Education Loans, up 6% from 2024, and had $20.3 billion of loans held for investment at year-end.
Sallie Mae Bank held total assets of $29.7 billion, including $21.5 billion of deposits, and used asset-backed securities funding of $4.9 billion. Credit quality metrics show 4.0% of loans in repayment were 30+ days delinquent and net charge-offs were 2.15% of average loans in repayment.
The company details a new capital-light strategic partnership model to sell loans while retaining servicing, ongoing share repurchases, and the impact of H.R.1, which reduces federal graduate and parent loan limits and is expected to increase demand for private loans, alongside extensive regulatory and macroeconomic risk disclosures.
SLM Corporation, known as Sallie Mae, files its annual report describing a focused private student loan and online deposit banking franchise. In 2025 it originated $7.4 billion of Private Education Loans, up 6% from 2024, and had $20.3 billion of loans held for investment at year-end.
Sallie Mae Bank held total assets of $29.7 billion, including $21.5 billion of deposits, and used asset-backed securities funding of $4.9 billion. Credit quality metrics show 4.0% of loans in repayment were 30+ days delinquent and net charge-offs were 2.15% of average loans in repayment.
The company details a new capital-light strategic partnership model to sell loans while retaining servicing, ongoing share repurchases, and the impact of H.R.1, which reduces federal graduate and parent loan limits and is expected to increase demand for private loans, alongside extensive regulatory and macroeconomic risk disclosures.
SLM Corp Executive Vice President and CFO Peter M. Graham reported a Form 4 transaction involving company common stock. On February 16, 2026, 11,159 shares from previously granted restricted stock units vested, and 3,614 of those shares were automatically withheld by the company to cover his tax obligations. After this tax-withholding disposition, he directly owned 107,732.147 shares of SLM common stock, including dividend equivalent units tied to his RSUs.
SLM Corp Executive Vice President and CFO Peter M. Graham reported a Form 4 transaction involving company common stock. On February 16, 2026, 11,159 shares from previously granted restricted stock units vested, and 3,614 of those shares were automatically withheld by the company to cover his tax obligations. After this tax-withholding disposition, he directly owned 107,732.147 shares of SLM common stock, including dividend equivalent units tied to his RSUs.
SLM Corp executive Nicolas Jafarieh reported two tax-related share dispositions tied to restricted stock unit (RSU) vesting. On February 16, 2026, 8,156 RSU shares vested from a February 16, 2024 grant, and 2,903 shares were withheld by the company to cover tax obligations. On February 17, 2026, 12,337 RSU shares vested from a February 17, 2023 grant, and 3,973 shares were similarly withheld for taxes. In total, 6,876 common shares were disposed of through tax-withholding, and Jafarieh directly owns 206,348.534 common shares following these transactions, including dividend equivalent units.
SLM Corp executive Nicolas Jafarieh reported two tax-related share dispositions tied to restricted stock unit (RSU) vesting. On February 16, 2026, 8,156 RSU shares vested from a February 16, 2024 grant, and 2,903 shares were withheld by the company to cover tax obligations. On February 17, 2026, 12,337 RSU shares vested from a February 17, 2023 grant, and 3,973 shares were similarly withheld for taxes. In total, 6,876 common shares were disposed of through tax-withholding, and Jafarieh directly owns 206,348.534 common shares following these transactions, including dividend equivalent units.