SLM Corp
SLM, SLMBP · Personal Credit Institutions · 188.6M shares · -14%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $314M (gross $350M, SBC $36M)
Reference price $32.21 · est. market cap ~$6.1B — last insider sale, 2025-07-29 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B76SLM Corp (Sallie Mae) — leading private student lender with high ROE.
Strengths
- ROE 30.4% (100th pct), strong liquidity (100th)
- Dominant private-education-loan franchise
Risks
- Student-credit-cycle and regulatory/political exposure
- Funding (deposit/securitization) sensitivity
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- High leverageHigh leverage (debt/equity 2.19)
- Buying back stockNet buyback — share count -14%/yr over 4y
Key metrics
Return on equity
30.4%
Return on assets
2.5%
Net-income growth
22.4%
Debt / equity
2.2×
Tangible book value
$2.4B
Cash & investments
$4.2B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-17 | GREIG HENRY F | Grant | 1.1K | — |
| 2026-06-17 | Blackley Richard Scott | Grant | 1.2K | — |
| 2026-06-17 | Manvitz Ted | Grant | 1.1K | — |
| 2026-06-16 | Leech Christopher T. | Grant | 7.3K | — |
| 2026-06-16 | MILLERCHIP GARY | Grant | 7.3K | — |
| 2026-06-16 | Lavelle Mark L | Grant | 7.3K | — |
| 2026-06-16 | GREIG HENRY F | Grant | 7.3K | — |
| 2026-06-16 | Greenstein Daniel | Grant | 7.3K | — |
| 2026-06-16 | Schneck-Last Vivian C. | Grant | 7.3K | — |
| 2026-06-16 | Franke Mary Carter Warren | Grant | 7.3K | — |
| 2026-06-16 | Blackley Richard Scott | Grant | 7.3K | — |
| 2026-06-16 | Akella Janaki | Grant | 7.3K | — |
| 2026-06-16 | Wolberg Kirsten O. | Grant | 7.3K | — |
| 2026-06-16 | Manvitz Ted | Grant | 7.3K | — |
| 2026-06-16 | Matheson James D. | Grant | 7.3K | — |
| 2026-05-01 | Jafarieh Nicolas | Gift | 1.1K | — |
| 2026-05-01 | Jafarieh Nicolas | Gift | 4.4K | — |
| 2026-04-01 | Turner Steven Allen | Grant | 29K | — |
| 2026-04-01 | Turner Steven Allen | Grant | 59K | — |
| 2026-03-18 | GREIG HENRY F | Grant | 1.3K | — |
| 2026-03-18 | Manvitz Ted | Grant | 1.2K | — |
| 2026-03-18 | Blackley Richard Scott | Grant | 1.4K | — |
| 2026-03-12 | Blackley Richard Scott | Gift | 12K | — |
| 2026-03-03 | Witter Jonathan W. | Tax withheld | 18K | $19.19 |
| 2026-03-03 | Palmer Kerri A. | Tax withheld | 3.6K | $19.19 |
| 2026-03-03 | Pahwa Munish | Tax withheld | 2.3K | $19.19 |
| 2026-03-03 | Jafarieh Nicolas | Tax withheld | 2.9K | $19.19 |
| 2026-03-03 | Graham Peter M | Tax withheld | 4.7K | $19.19 |
| 2026-03-02 | Pahwa Munish | Grant | 23K | — |
| 2026-03-02 | Palmer Kerri A. | Grant | 44K | — |
| 2026-03-02 | Jafarieh Nicolas | Grant | 51K | — |
| 2026-03-02 | Turner Steven Allen | Grant | 25K | — |
| 2026-03-02 | Graham Peter M | Grant | 49K | — |
| 2026-03-02 | Witter Jonathan W. | Grant | 165K | — |
| 2026-02-24 | Witter Jonathan W. | Grant | 338K | — |
| 2026-02-24 | Witter Jonathan W. | Tax withheld | 169K | $19.84 |
| 2026-02-24 | Palmer Kerri A. | Grant | 50K | — |
| 2026-02-24 | Palmer Kerri A. | Tax withheld | 22K | $19.84 |
| 2026-02-24 | Jafarieh Nicolas | Grant | 59K | — |
| 2026-02-24 | Jafarieh Nicolas | Tax withheld | 28K | $19.84 |
| 2026-02-17 | Pahwa Munish | Tax withheld | 2.0K | $23.90 |
| 2026-02-17 | Jafarieh Nicolas | Tax withheld | 4.0K | $23.90 |
| 2026-02-17 | Pahwa Munish | Tax withheld | 3.2K | $23.90 |
| 2026-02-17 | Palmer Kerri A. | Tax withheld | 12K | $23.90 |
| 2026-02-17 | Palmer Kerri A. | Tax withheld | 3.1K | $23.90 |
| 2026-02-17 | Witter Jonathan W. | Tax withheld | 36K | $23.90 |
| 2026-02-16 | Palmer Kerri A. | Tax withheld | 2.8K | $24.04 |
| 2026-02-16 | Witter Jonathan W. | Tax withheld | 19K | $24.04 |
| 2026-02-16 | Jafarieh Nicolas | Tax withheld | 2.9K | $24.04 |
| 2026-02-16 | Pahwa Munish | Tax withheld | 2.2K | $24.04 |
| 2026-02-16 | Graham Peter M | Tax withheld | 3.6K | $24.04 |
| 2025-12-17 | GREIG HENRY F | Grant | 930 | — |
| 2025-12-17 | Manvitz Ted | Grant | 906 | — |
| 2025-12-17 | Blackley Richard Scott | Grant | 1.0K | — |
| 2025-12-01 | VIEIRA DONNA F | Tax withheld | 508 | $29.76 |
| 2025-10-30 | Graham Peter M | Tax withheld | 10K | $26.61 |
| 2025-09-17 | Manvitz Ted | Grant | 866 | — |
| 2025-09-17 | GREIG HENRY F | Grant | 889 | — |
| 2025-09-17 | Blackley Richard Scott | Grant | 977 | — |
| 2025-07-29 | Palmer Kerri A. | Sell | 55K | $32.21 |
| 2025-06-18 | Lavelle Mark L | Grant | 828 | — |
| 2025-06-18 | Blackley Richard Scott | Grant | 867 | — |
| 2025-06-18 | Manvitz Ted | Grant | 768 | — |
| 2025-06-17 | Matheson James D. | Grant | 5.3K | — |
| 2025-06-17 | Wolberg Kirsten O. | Grant | 5.3K | — |
| 2025-06-17 | Schneck-Last Vivian C. | Grant | 5.3K | — |
| 2025-06-17 | MILLERCHIP GARY | Grant | 5.3K | — |
| 2025-06-17 | Manvitz Ted | Grant | 5.3K | — |
| 2025-06-17 | Leech Christopher T. | Grant | 5.3K | — |
| 2025-06-17 | Lavelle Mark L | Grant | 5.3K | — |
| 2025-06-17 | GREIG HENRY F | Grant | 5.3K | — |
| 2025-06-17 | Greenstein Daniel | Grant | 5.3K | — |
| 2025-06-17 | Franke Mary Carter Warren | Grant | 5.3K | — |
| 2025-06-17 | Blackley Richard Scott | Grant | 5.3K | — |
| 2025-06-17 | Akella Janaki | Grant | 5.3K | — |
| 2025-06-09 | Wolberg Kirsten O. | Gift | 4.7K | — |
| 2025-05-28 | Pahwa Munish | Sell | 10K | $34.08 |
| 2025-05-02 | Strong Robert S. | Sell | 3.0K | $31.15 |
| 2025-05-02 | Witter Jonathan W. | Gift | 2.0K | — |
| 2025-05-01 | Witter Jonathan W. | Gift | 133K | — |
| 2025-05-01 | Witter Jonathan W. | Gift | 2.0K | — |
| 2025-05-01 | Witter Jonathan W. | Gift | 2.0K | — |
| 2025-04-30 | Witter Jonathan W. | Gift | 135K | — |
| 2025-04-30 | Witter Jonathan W. | Gift | 135K | — |
| 2025-04-30 | Witter Jonathan W. | Gift | 114K | — |
| 2025-03-19 | Manvitz Ted | Grant | 809 | — |
| 2025-03-19 | Blackley Richard Scott | Grant | 913 | — |
| 2025-03-19 | Lavelle Mark L | Grant | 871 | — |
| 2025-03-12 | VIEIRA DONNA F | Tax withheld | 890 | $28.79 |
| 2025-03-03 | Pahwa Munish | Grant | 15K | — |
| 2025-03-03 | Jafarieh Nicolas | Grant | 18K | — |
| 2025-03-03 | VIEIRA DONNA F | Grant | 21K | — |
| 2025-03-03 | Palmer Kerri A. | Grant | 23K | — |
| 2025-03-03 | Graham Peter M | Grant | 31K | — |
| 2025-03-03 | Witter Jonathan W. | Grant | 108K | — |
| 2025-02-24 | Palmer Kerri A. | Tax withheld | 15K | $30.59 |
| 2025-02-24 | Jafarieh Nicolas | Grant | 37K | — |
| 2025-02-24 | Jafarieh Nicolas | Tax withheld | 17K | $30.59 |
| 2025-02-24 | VIEIRA DONNA F | Grant | 41K | — |
| 2025-02-24 | VIEIRA DONNA F | Tax withheld | 19K | $30.59 |
| 2025-02-24 | Palmer Kerri A. | Grant | 34K | — |
| 2025-02-24 | Witter Jonathan W. | Grant | 241K | — |
| 2025-02-24 | Witter Jonathan W. | Tax withheld | 121K | $30.59 |
| 2025-02-21 | Palmer Kerri A. | Sell | 25K | $31.90 |
| 2025-02-19 | VIEIRA DONNA F | Sell | 14K | $32.52 |
| 2025-02-18 | Jafarieh Nicolas | Tax withheld | 2.2K | $32.54 |
| 2025-02-18 | Palmer Kerri A. | Tax withheld | 2.8K | $32.54 |
| 2025-02-18 | Witter Jonathan W. | Tax withheld | 22K | $32.54 |
| 2025-02-18 | VIEIRA DONNA F | Tax withheld | 2.4K | $32.54 |
| 2025-02-18 | Pahwa Munish | Tax withheld | 1.7K | $32.54 |
| 2025-02-17 | Jafarieh Nicolas | Tax withheld | 3.9K | $31.43 |
| 2025-02-17 | Pahwa Munish | Tax withheld | 2.0K | $31.43 |
| 2025-02-17 | Pahwa Munish | Tax withheld | 3.2K | $31.43 |
| 2025-02-17 | VIEIRA DONNA F | Tax withheld | 3.9K | $31.43 |
| 2025-02-17 | Palmer Kerri A. | Tax withheld | 3.1K | $31.43 |
| 2025-02-17 | Palmer Kerri A. | Tax withheld | 13K | $31.43 |
| 2025-02-17 | Witter Jonathan W. | Tax withheld | 35K | $31.43 |
| 2025-02-16 | Palmer Kerri A. | Tax withheld | 2.7K | $31.43 |
| 2025-02-16 | Jafarieh Nicolas | Tax withheld | 2.7K | $31.43 |
| 2025-02-16 | Pahwa Munish | Tax withheld | 2.0K | $31.43 |
| 2025-02-16 | VIEIRA DONNA F | Tax withheld | 2.2K | $31.43 |
| 2025-02-16 | Graham Peter M | Tax withheld | 3.4K | $31.43 |
| 2025-02-16 | Witter Jonathan W. | Tax withheld | 20K | $31.43 |
| 2025-02-12 | Strong Robert S. | Sell | 5.0K | $29.48 |
| 2025-02-11 | Manvitz Ted | Buy | 10K | $28.90 |
| 2025-01-28 | Strong Robert S. | Sell | 40K | $28.57 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-18 | 2026-06-16 | 0001032033-26-000036 ↗ |
| 8-K | 2026-06-10 | 2026-06-10 | 0001032033-26-000034 ↗ |
| 8-K | 2026-05-15 | 2026-05-15 | 0001193125-26-225683 ↗ |
| 8-K | 2026-05-06 | 2026-05-06 | 0001193125-26-207711 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0001032033-26-000031 ↗ |
| 8-K | 2026-04-27 | 2026-04-22 | 0001032033-26-000028 ↗ |
| 10-Q | 2026-04-23 | 2026-03-31 | 0001032033-26-000025 ↗ |
| 8-K | 2026-04-23 | 2026-04-23 | 0001032033-26-000024 ↗ |
| 8-K | 2026-03-11 | 2026-03-11 | 0001032033-26-000018 ↗ |
| 8-K | 2026-03-09 | 2026-03-09 | 0001032033-26-000015 ↗ |
| 8-K | 2026-02-20 | 2026-02-20 | 0001032033-26-000013 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0001032033-26-000011 ↗ |