NAVIENT CORP
JSM
Amendment
Ownership
27.40%
Total Shares
29,449,997
Issuer CIK
1593538
CUSIP
63938C108
Event Date
Dec 19, 2024
Accepted
Dec 26, 2024, 10:37 AM
SEC EDGARView Original Filing
Reporting Persons (9)
Joint Filing
This is a joint filing. The reported shares may overlap between reporting persons and should not be summed.
| Name | Type | % of Class | Aggregate | Sole Voting | Shared Voting |
|---|---|---|---|---|---|
| Welker Stephen | Individual | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Sherborne Strategic Fund F, LLC | Other | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Sherborne Investors Management LP | Partnership | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Sherborne Investors Master GP, LLC | Other | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Sherborne Investors lp | Partnership | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Sherborne Investors Gp, LLC | Other | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Sherborne Investors Management gp, llc | Other | 27.40% | 29,449,997 | 0 | 29,449,997 |
| BRAMSON EDWARD J | Individual | 27.40% | 29,449,997 | 0 | 29,449,997 |
| Newbury Investors LLC | Other | 0.00% | 0 | 0 | 0 |
Disclosure Items (4)
Security Title
Common Stock, par value $0.01 per share
Issuer Name
NAVIENT CORP
Issuer Address
13865 SUNRISE VALLEY DRIVE, HERNDON, VA, 20171
Item 6 is hereby amended to add the following: On December 20, 2024, Sherborne and the Issuer entered into the Amendment, as defined and described in Item 4 above and attached as Exhibit 1 hereto.
Exhibit 1 - Amendment No. 2 to Nomination and Cooperation Agreement, dated as of December 20, 2024, by and among Sherborne Investors Management LP, Newbury Investors LLC, Sherborne Strategic Fund F, LLC, Edward J. Bramson and Navient Corporation.