{"schema_version":"secwatch.filing_event.v1","accession":"0001654954-24-001073","form_type":"8-K","ticker":"NAVI","cik":"0001593538","company_name":"NAVIENT CORP","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.743514+00:00","generated_at":"2026-06-06T15:01:36.702885+00:00","sec_items":["7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Navient to outsource loan servicing to MOHELA, explore sale of business processing unit","bullets":["Binding letter of intent to outsource student loan servicing to MOHELA, creating variable cost structure.","Launching process to explore strategic options for business processing division, including potential divestment.","Streamlining corporate functions; full implementation expected over 18–24 months starting in 2024.","Under full completion scenario, ~$400M in net operating expenses could be eliminated (2023 basis).","Q4 2023 earnings results and supplemental materials to be released Jan. 31, 2024, with webcast at 8 a.m. ET."],"urls":{"canonical":"https://secwatch.observer/filing/0001654954-24-001073","json":"https://secwatch.observer/filing/0001654954-24-001073.json","markdown":"https://secwatch.observer/filing/0001654954-24-001073.md","text":"https://secwatch.observer/filing/0001654954-24-001073.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1593538/000165495424001073/0001654954-24-001073-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1593538/000165495424001073/navi_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T15:01:36.702885+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"}