other_material
confidence high
sentiment neutral
materiality 0.40
SLM Corp shareholders approve 2025 ESPP authorizing 13.25M new shares
SLM Corp
- Stockholders approved 2025 Employee Stock Purchase Plan, authorizing 13,250,000 shares for issuance.
- All 13 director nominees elected; advisory vote on executive compensation passed with >98% support.
- Ratification of KPMG as independent auditor for 2025 approved with 99% of votes cast.
- 2025 ESPP replaces 2014 ESPP; allows payroll deductions at discount up to 85% of FMV.
item 5.02item 5.07item 9.01