secwatch.observer — SEC 8-K summary
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Issuer:     SLM Corp (SLM)
CIK:        0001032033
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001628280-25-032410
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SLM Corp shareholders approve 2025 ESPP authorizing 13.25M new shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032033/000162828025032410/0001628280-25-032410-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1032033/000162828025032410/slm-20250617.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-032410

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer