secwatch.observer — SEC 8-K summary
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Issuer:     NAVIENT CORP (NAVI)
CIK:        0001593538
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001140361-25-012335
Event type: other
Sentiment:  neutral
Materiality: 0.05
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Navient amends bylaws to adopt director resignation policy for uncontested elections
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- Board adopted Third Amended and Restated Bylaws effective April 3, 2025.
- New Section 2.2(b): directors failing to receive majority vote in uncontested election must tender resignation.
- Chair of Nominations and Governance Committee may now call special board meetings (Section 2.11).
- Amendments include clarifying and conforming changes to existing provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593538/000114036125012335/0001140361-25-012335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593538/000114036125012335/ef20046878_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-012335

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