Form 4: SLM Corp Director Ted Manvitz Acquires 10,000 Shares of Common Stock

Director Ted Manvitz of SLM Corp (SLM) purchased 10,000 shares of common stock at a weighted average price of $28.9032 on February 11, 2025.

Summary

• On February 11, 2025, Ted Manvitz, a director of SLM Corp, acquired 10,000 shares of common stock.
• The purchase was made at a weighted average price of $28.9032 per share, with prices ranging from $28.88 to $28.91.
• Following the transaction, Manvitz beneficially owns 56,463.5559 shares of SLM Corp common stock.
• This total includes dividend equivalent units and shares acquired under a dividend reinvestment plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard disclosure of a director's stock purchase. It doesn't inherently indicate positive or negative sentiment about the company's future.

Positives

• The director's purchase could be interpreted as a positive signal about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The purchase may have a minor positive impact on shareholder sentiment.

Key Dates