---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-032410"
form_type: "8-K"
ticker: "SLM"
cik: "0001032033"
company_name: "SLM Corp"
filed_at: "2025-06-20T23:59:59+00:00"
generated_at: "2026-05-19T00:44:04.378927+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# SLM Corp shareholders approve 2025 ESPP authorizing 13.25M new shares

## Summary
- 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.

## SEC filing metadata
- accession: 0001628280-25-032410
- form_type: 8-K
- ticker: SLM
- cik: 0001032033
- company_name: SLM Corp
- filed_at: 2025-06-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032033/000162828025032410/0001628280-25-032410-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1032033/000162828025032410/slm-20250617.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-032410
- JSON: https://secwatch.observer/filing/0001628280-25-032410.json
- Plain text: https://secwatch.observer/filing/0001628280-25-032410.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.