Form 4: SLM Corp Director Robert S. Strong Sells 5,000 Shares

Director Robert S. Strong sold 5,000 shares of SLM Corp (SLM) common stock at an average price of $29.4829 on February 12, 2025.

Summary

• On February 12, 2025, Robert S. Strong, a director of SLM Corp (SLM), sold 5,000 shares of common stock.
• The sale was executed at a weighted average price of $29.4829 per share, with individual prices ranging from $29.48 to $29.495.
• Following the transaction, Strong directly owns 38,162.9145 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 on February 13, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the director's reasons for selling.

Key Dates

Keywords

SLM Corp, Robert S. Strong, Form 4, Director, Stock Sale, Beneficial Ownership, SEC Filing