{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-050166","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2024-12-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.911035+00:00","generated_at":"2026-05-28T23:36:42.156588+00:00","sec_items":["8.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Navient sells Government Services business to Gallant Capital; expects $25-35M loss in Q4","bullets":["Approximately 1,200 employees included; transaction expected to close Q1 2025.","Navient expects $25-35 million loss on sale in Q4 2024 results.","Gov't services book value ~$50M as of Sep 30; deal structure change adds ~$20M deferred tax assets to buyer, boosting net cash.","Follows prior sale of healthcare services for $369M ($219M gain); together exit the entire Business Processing segment."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-050166","json":"https://secwatch.observer/filing/0001140361-24-050166.json","markdown":"https://secwatch.observer/filing/0001140361-24-050166.md","text":"https://secwatch.observer/filing/0001140361-24-050166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000114036124050166/0001140361-24-050166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000114036124050166/ef20040430_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T23:36:42.156588+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}