secwatch.observer — SEC 8-K summary
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Issuer:     SLM Corp (SLM)
CIK:        0001032033
Form:       8-K
Filed at:   2025-09-30T23:59:59+00:00
Accession:  0001032033-25-000026
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SLM Corp enters retention agreement with EVP/Chief Commercial Officer Vieira; $750K bonus, retirement by April 2026
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- Donna Vieira to resign as CCO on Dec 31, 2025 (or upon hiring new CCO) and retire as employee on April 3, 2026.
- Receives $750,000 cash retention bonus, subject to continued employment and performance through separation date.
- Base salary of $535,545 continues through separation; eligible for 2025 AIP, prorated 2026 AIP, and 2026 LTIP.
- No severance under Severance Plan; two-year non-compete and non-solicitation covenants; confidential information and release provisions.
- Agreement includes reaffirmation of release and clawback provisions under company's compensation adjustment policies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032033/000103203325000026/0001032033-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032033/000103203325000026/slm-20250929.htm
  HTML page:      https://secwatch.observer/filing/0001032033-25-000026

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