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    SEC Form 8-K filed by Navient Corporation

    4/29/25 6:39:58 PM ET
    $NAVI
    Investment Bankers/Brokers/Service
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    8-K
    NAVIENT CORP false 0001593538 0001593538 2025-04-30 2025-04-30 0001593538 us-gaap:CommonStockMember 2025-04-30 2025-04-30 0001593538 navi:SixSeniorNotesDueDecember152043Member 2025-04-30 2025-04-30 0001593538 navi:PreferredStockPurchaseRightsMember 2025-04-30 2025-04-30
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): April 30, 2025

     

     

    Navient Corporation

    (Exact name of registrant as specified in its charter)

     

     

     

    Delaware   001-36228   46-4054283

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (I.R.S. Employer

    Identification No.)

     

    13865 Sunrise Valley Drive, Herndon, Virginia   20171
    (Address of principal executive offices)   (Zip Code)

    Registrant’s telephone number, including area code: (703) 810-3000

     

    (Former name or former address, if changed since last report)

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

      

    Trading

    Symbol(s)

      

    Name of each exchange

    on which registered

    Common stock, par value $.01 per share    NAVI    The NASDAQ Global Select Market

    6% Senior Notes due December 15, 2043

    Preferred Stock Purchase Rights

      

    JSM

    None

      

    The NASDAQ Global Select Market

    The NASDAQ Global Select Market

     

     
     


    ITEM 2.02

    RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

    On April 30, 2025, Navient Corporation (the “Company”) issued an informational press release announcing its financial results for the quarter ended March 31, 2025 were available on the “Investor” page of its website located at https://www.Navient.com/investors. Additionally, on April 30, 2025, the Company posted its financial results for the quarter ended March 31, 2025 to its above-referenced web location. A copy of each press release is furnished as Exhibit 99.1 and Exhibit 99.2 hereto.

     

    ITEM 9.01

    FINANCIAL STATEMENTS AND EXHIBITS.

     

      (d)

    Exhibits

     

    Exhibit

    Number

      

    Description

    99.1*    Press Release, dated April 30, 2025.
    99.2*    Financial Press Release, dated April 30, 2025.
    104    Cover Page Interactive Data File (embedded within the Inline XBRL document).
     
    *

    Furnished herewith.


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

        NAVIENT CORPORATION

    Date: April 30, 2025

        By:  

    /s/ JOE FISHER

          Joe Fisher
          Chief Financial Officer
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