secwatch.observer — SEC 8-K summary
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Issuer:     NAVIENT CORP (NAVI)
CIK:        0001593538
Form:       8-K
Filed at:   2024-05-24T23:59:59+00:00
Accession:  0001654954-24-006915
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Navient shareholders elect 8 directors, ratify KPMG, approve say-on-pay and 2024 Omnibus Plan
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- Each of the 8 director nominees (Frederick Arnold, Bramson, Cabral, Klane, Lawson, Mills, Thompson, Yowan) received >94M votes for; all elected.
- KPMG ratified as auditor for FY 2024 with 102.2M for, 3.0M against, 0.2M abstain.
- Advisory vote on executive compensation approved: 95.8M for, 1.6M against, 0.1M abstain.
- 2024 Omnibus Incentive Plan approved to replace expiring 2014 plan: 92.4M for, 5.0M against.
- Voter turnout ~94.1% of 112M outstanding shares; broker non-votes of ~7.85M on director and advisory items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1593538/000165495424006915/0001654954-24-006915-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1593538/000165495424006915/navi_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-006915

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