Form 4: SLM Corp Director Robert S. Strong Reports Stock Sale
SEC Form 4 Filing
Director Robert S. Strong sold 3,000 shares of SLM Corp common stock at an average price of $31.1547 on May 2, 2025.
Summary
- On May 2, 2025, Robert S. Strong, a director of SLM Corp, sold 3,000 shares of common stock.
- The sale was executed at a weighted average price of $31.1547 per share, with prices ranging from $31.15 to $31.155.
- Following the transaction, Strong directly owns 35,194.6322 shares of SLM Corp, which includes dividend equivalent units related to restricted common stock.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider. Such filings are common and provide transparency into the trading activities of company directors and officers.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell shares, but the volume is relatively small.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of the stock sale transaction |
| 05/06/2025 | Date of signature on the Form 4 filing |
Keywords
SLM Corp, Robert S. Strong, Form 4, Stock Sale, Director, Beneficial Ownership, Securities, Transaction
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