Slm Corp SEC Filings

SLM Corp CEO Jonathan W. Witter reported routine equity compensation tax-withholding transactions. On February 16, 2026, 49,787 restricted stock units vested, and 18,829 shares of Common Stock were withheld by the company at $24.04 per share to cover tax obligations.

On February 17, 2026, 70,865 RSUs vested, and an additional 35,504 shares were withheld at $23.90 per share for taxes. These are coded as Form 4 transaction type "F", indicating payment of tax liability by delivering securities, not open-market buying or selling. After these dispositions, Witter directly owned 1,108,386.693 shares of SLM Corp Common Stock, which includes dividend equivalent units associated with his RSUs.

Sallie Mae reported strong fourth-quarter and full-year 2025 results and outlined its strategy for growth and capital returns. The company generated GAAP net income attributable to common stock of $229M in Q4 2025 and $729M for 2025, with diluted EPS of $1.12 for Q4 and $3.46 for the year.

Private education loan originations reached $7.4B in 2025, up 6% from 2024, including about $1.0B in Q4. Net interest margin was 5.24% for 2025, while the efficiency ratio improved to 33.2%. Credit performance remained controlled, with full-year net charge-offs of $346M, or 2.15% of average private education loans in repayment.

The company emphasized capital returns, noting $373M of share repurchases in 2025 (12.8 million shares) and a newly announced 24‑month $500M repurchase program, alongside a quarterly common dividend of $0.13 per share in Q4. A 12.4% total risk‑based capital ratio and 11.1% CET1 ratio underscored regulatory capital strength.

Sallie Mae reported strong fourth-quarter and full-year 2025 results and outlined its strategy for growth and capital returns. The company generated GAAP net income attributable to common stock of $229M in Q4 2025 and $729M for 2025, with diluted EPS of $1.12 for Q4 and $3.46 for the year.

Private education loan originations reached $7.4B in 2025, up 6% from 2024, including about $1.0B in Q4. Net interest margin was 5.24% for 2025, while the efficiency ratio improved to 33.2%. Credit performance remained controlled, with full-year net charge-offs of $346M, or 2.15% of average private education loans in repayment.

The company emphasized capital returns, noting $373M of share repurchases in 2025 (12.8 million shares) and a newly announced 24‑month $500M repurchase program, alongside a quarterly common dividend of $0.13 per share in Q4. A 12.4% total risk‑based capital ratio and 11.1% CET1 ratio underscored regulatory capital strength.

SLM Corp. received a Schedule 13G filing from Capital Research Global Investors (CRGI) reporting a passive ownership stake in its common stock as of 12/31/2025. CRGI is deemed to beneficially own 11,268,593 shares, representing 5.5% of the 203,038,649 shares believed to be outstanding.

CRGI reports sole voting and dispositive power over all 11,268,593 shares and no shared power. The filing notes that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of SLM Corp. SMALLCAP World Fund, Inc. is identified as a person on whose behalf more than 5% may be held.

SLM Corp. received a Schedule 13G filing from Capital Research Global Investors (CRGI) reporting a passive ownership stake in its common stock as of 12/31/2025. CRGI is deemed to beneficially own 11,268,593 shares, representing 5.5% of the 203,038,649 shares believed to be outstanding.

CRGI reports sole voting and dispositive power over all 11,268,593 shares and no shared power. The filing notes that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of SLM Corp. SMALLCAP World Fund, Inc. is identified as a person on whose behalf more than 5% may be held.

Barrow Hanley Global Investors, a Delaware LLC investment adviser, filed a Schedule 13G reporting beneficial ownership of 14,525,854 shares of SLM common stock, representing 7.15% of the class as of December 31, 2025. It has sole voting power over 10,654,629 shares and shared voting power over 3,871,225 shares. The firm certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

Barrow Hanley Global Investors, a Delaware LLC investment adviser, filed a Schedule 13G reporting beneficial ownership of 14,525,854 shares of SLM common stock, representing 7.15% of the class as of December 31, 2025. It has sole voting power over 10,654,629 shares and shared voting power over 3,871,225 shares. The firm certifies the position was acquired and is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

SLM executive Steven Allen Turner filed an initial Form 3 reporting no direct ownership of the company’s common stock. As EVP, Chief Tech. & Enablement, he is listed as an officer of the issuer and shows beneficial ownership of 0 shares of common stock as of February 2, 2026, held directly. The form is signed on his behalf by Jeffrey Lipschutz under a power of attorney.

SLM executive Steven Allen Turner filed an initial Form 3 reporting no direct ownership of the company’s common stock. As EVP, Chief Tech. & Enablement, he is listed as an officer of the issuer and shows beneficial ownership of 0 shares of common stock as of February 2, 2026, held directly. The form is signed on his behalf by Jeffrey Lipschutz under a power of attorney.

SLM Corporation reported that it has released its financial results for the quarter and year ended December 31, 2025, and posted a detailed earnings presentation and press release on its investor website. These materials are furnished as Exhibits 99.1 and 99.2.

The company also announced that its Board of Directors approved a new 2026 share repurchase program authorizing the repurchase of up to $500 million of outstanding common stock, beginning January 22, 2026 and expected to run through approximately February 4, 2028. This program will operate alongside the existing 2024 share repurchase program, which was authorized for $650 million of repurchases and remains open until February 6, 2026.

Repurchases under these programs may be executed through various methods, including tender offers, open market and block purchases, accelerated share repurchases, and trading plans under Rules 10b5-1 and 10b-18. Management retains full discretion over the timing and amount of any buybacks, and the company notes that authorization does not guarantee that repurchases will occur.

SLM Corporation reported that it has released its financial results for the quarter and year ended December 31, 2025, and posted a detailed earnings presentation and press release on its investor website. These materials are furnished as Exhibits 99.1 and 99.2.

The company also announced that its Board of Directors approved a new 2026 share repurchase program authorizing the repurchase of up to $500 million of outstanding common stock, beginning January 22, 2026 and expected to run through approximately February 4, 2028. This program will operate alongside the existing 2024 share repurchase program, which was authorized for $650 million of repurchases and remains open until February 6, 2026.

Repurchases under these programs may be executed through various methods, including tender offers, open market and block purchases, accelerated share repurchases, and trading plans under Rules 10b5-1 and 10b-18. Management retains full discretion over the timing and amount of any buybacks, and the company notes that authorization does not guarantee that repurchases will occur.

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.