4/A: Navient Corp CEO David Yowan Amends SEC Filing to Include Power of Attorney
SEC Filing Amendment
David Yowan, President & CEO of Navient Corp, amends a previous SEC Form 4 filing to include a Power of Attorney exhibit.
Summary
- David L. Yowan, President & CEO of Navient Corp, filed an amendment to a previous SEC Form 4.
- The amendment's sole purpose is to add the reporting person's Power of Attorney (POA) as an exhibit.
- The original transaction reported was on December 31, 2024, involving the disposal of 23,757 shares of Common Stock at a price of $13.29.
- Following the transaction, Yowan directly owns 573,195.475 shares of Common Stock.
- The Power of Attorney grants Elizabeth Han, Matthew B. Wallace, and Mark L. Heleen the authority to prepare and file SEC forms on Yowan's behalf.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The inclusion of a Power of Attorney suggests proactive management of compliance obligations.
Industry Context
This filing is a routine regulatory requirement for corporate insiders and reflects standard practices for managing SEC reporting obligations.
Key Dates
| Date | Description |
|---|---|
| 2023-05-25 | Date of execution of the Limited Power of Attorney. |
| 2024-12-31 | Date of the transaction involving the disposal of Navient Corp Common Stock. |
| 2025-01-02 | Date of Original Filed Form 4. |
| 2025-01-17 | Date of the amended filing including the Power of Attorney. |
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