secwatch / observer

NAVIENT CORP — fact timeline

Source-grounded facts extracted from NAVIENT CORP's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NAVI NAVIENT CORP JSON
Debt Financings

NAVIENT CORP incurred senior notes of $500,000,000 with The Bank of New York Mellon, as trustee at 9.375%.

“completed a public offering of $500,000,000 aggregate principal amount of its 9.375% Senior Notes due 2031”
Earnings Releases

NAVIENT CORP reported financial results for the quarter ended March 31, 2026.

“Navient Corporation (the “Company”) issued an informational press release announcing its financial results for the quarter ended March 31, 2026”

John Kane departed as Group President, Business Processing Solutions at NAVIENT CORP.

“John Kane, the Company’s Group President, Business Processing Solutions, will depart the Company at the end of 2024.”

Troy Standish changed role as Executive Vice President & Chief Operating Officer at NAVIENT CORP.

“Effective October 11, 2024, Troy Standish, the Company’s Executive Vice President, Asset Management and Business Processing Operations, expanded his responsibilities by assuming the title of Executive Vice President & Chief Operating Officer.”
Material Agreements

NAVIENT CORP entered into Master Terms Agreement with Higher Education Loan Authority of the State of Missouri valued at Navient outsources student loan servicing operations to MOHELA; MOHELA will act as sub-servicer and (effective 2024-05-07).

“On May 7, 2024, Navient Solutions, LLC (“Navient”), a Delaware limited liability company and a wholly owned subsidiary of Navient Corporation (the “Company”), and Higher Education Loan Authority of the State of Missouri (“MOHELA”), a leading provider of student loan servicing for government and commercial enterprises and a body politic and corporate and public instrumentality of the State of Missouri, entered into a Master Terms Agreement (the “MTA”).”

Mark L. Heleen departed as Chief Legal Officer and Secretary at NAVIENT CORP.

“Mark L. Heleen, Executive Vice President, Chief Legal Officer and Secretary, along with several other non-NEO executives will depart the Company.”

Steve Hauber was appointed as Chief Administrative Officer at NAVIENT CORP.

“Effective April 27, 2024, Steve Hauber, our Executive Vice President and Chief Risk and Compliance Officer, expanded his responsibilities by assuming the title of Chief Administrative Officer.”
Earnings Releases

NAVIENT CORP reported the quarter ended March 31, 2024 results: net income $73 million ($0.64 diluted earnings per share), EPS $0.64 diluted earnings per share.

“GAAP net income of $73 million ($0.64 diluted earnings per share).”
Earnings Releases

NAVIENT CORP reported first-quarter 2024 results: net income $73 million ($0.64 diluted earnings per share), EPS $0.64 diluted earnings per share.

“NAVIENT REPORTS FIRST-QUARTER 2024 FINANCIAL RESULTS HERNDON, Va., April 24, 2024 — Navient (Nasdaq: NAVI) today released its first-quarter 2024 financial results. OVERALL RESULTS • GAAP net income of $73 million ($0.64 diluted earnings per share).”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.