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SLM Corp Director's Dealing 2023

Feb 1, 2023

30933_dirs_2023-02-01_d7343f56-4f06-4151-b1f5-679bbe65d02e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SLM Corp (SLM)
CIK: 0001032033
Period of Report: 2023-01-30

Reporting Person: Kennedy Daniel P (EVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-01-30 Common Stock F 4255 $16.97 Disposed 228241.57 Direct

Footnotes

F1: On January 30, 2020, the reporting person was granted restricted stock units ("RSUs") representing rights to receive shares of Common Stock of SLM Corporation (the "Company"), subject to vesting conditions, to vest in one-third increments on January 30, 2021, 2022, and 2023. On January 30, 2023, 12,752 shares vested in connection with these RSUs, of which 4,255 shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.

F2: Includes Dividend Equivalent Units issued in connection with RSUs held by the reporting person.