SEC Form 4 · accession 0001628280-26-044272
SLM Corp · SLM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Scott Blackley
Director
Period of report
Jun 16, 2026
Accepted (ET)
Jun 18, 2026 · 4:07 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001032033
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 16, 2026 | A | 7,349 | $0.00 | A | 40,421 | D | |
| Common StockF3,F2 | Jun 17, 2026 | A | 1,198 | $0.00 | A | 41,619 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person received shares of Restricted Common Stock, issued pursuant to the terms of the SLM Corporation 2021 Omnibus Incentive Plan - 2026 Independent Director Restricted Stock Agreement (the "2026 Agreement") in partial payment of the annual retainer to independent directors. The Restricted Common Stock award is subject to vesting upon the terms set forth in the 2026 Agreement.
- F2Includes Dividend Equivalent Units issued in connection with Restricted Common Stock held by the reporting person.
- F3Represents 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.