Navient Files 8-K for Reg FD Disclosure, Financial Exhibits
Ticker: JSM · Form: 8-K · Filed: Jan 30, 2024 · CIK: 1593538
| Field | Detail |
|---|---|
| Company | Navient Corp (JSM) |
| Form Type | 8-K |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulation-fd, financial-statements, disclosure
TL;DR
**Navient just dropped an 8-K for Reg FD and exhibits, so new info is out.**
AI Summary
Navient Corporation filed an 8-K on January 30, 2024, primarily to satisfy Regulation FD disclosure requirements and to file financial statements and exhibits. This filing, under Commission File Number 001-36228, indicates that Navient is providing information that may be material to investors, ensuring fair and broad dissemination. For investors, this means Navient is transparently sharing new, potentially impactful information, which could influence their perception of the stock's value and future performance.
Why It Matters
This filing ensures all investors receive important company information simultaneously, preventing unfair advantages and promoting market transparency for Navient stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure filing, indicating transparency rather than a specific new risk.
Analyst Insight
A smart investor would review the specific financial statements and exhibits referenced in this 8-K to understand the new information being disclosed, as this filing itself is a procedural notification of disclosure.
Key Players & Entities
- Navient Corporation (company) — the registrant filing the 8-K
- January 30, 2024 (date) — date of earliest event reported and filing date
- 001-36228 (string) — Commission File Number for Navient Corporation
- Delaware (string) — state of incorporation for Navient Corporation
- 13865 Sunrise Valley Drive, Herndon, Virginia, 20171 (string) — address of principal executive offices for Navient Corporation
- 703-810-3000 (string) — telephone number for Navient Corporation
FAQ
What is the primary purpose of Navient Corporation's 8-K filing on January 30, 2024?
The primary purpose of Navient Corporation's 8-K filing on January 30, 2024, is for Regulation FD Disclosure and to file Financial Statements and Exhibits, as indicated by 'ITEM INFORMATION: Regulation FD Disclosure' and 'ITEM INFORMATION: Financial Statements and Exhibits'.
What is Navient Corporation's Commission File Number as stated in the filing?
Navient Corporation's Commission File Number is 001-36228, as specified under 'Commission File Number' in the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was January 30, 2024, as stated under 'Date of Report (Date of earliest event reported): January 30, 2024'.
Where are Navient Corporation's principal executive offices located according to the filing?
Navient Corporation's principal executive offices are located at 13865 Sunrise Valley Drive, Herndon, Virginia, 20171, as detailed in the 'Address of principal executive offices' section.
What is Navient Corporation's state of incorporation?
Navient Corporation's state of incorporation is Delaware, as indicated under 'State or other jurisdiction of incorporation'.
Filing Stats: 522 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-01-30 16:41:34
Filing Documents
- navi_8k.htm (8-K) — 30KB
- navi_ex991.htm (EX-99.1) — 13KB
- navi_ex991img1.jpg (GRAPHIC) — 4KB
- 0001654954-24-001073.txt ( ) — 194KB
- navi-20240130.xsd (EX-101.SCH) — 6KB
- navi-20240130_lab.xml (EX-101.LAB) — 16KB
- navi-20240130_cal.xml (EX-101.CAL) — 1KB
- navi-20240130_pre.xml (EX-101.PRE) — 12KB
- navi-20240130_def.xml (EX-101.DEF) — 5KB
- navi_8k_htm.xml (XML) — 7KB
01. REGULATION FD DISCLOSURE
Item 7.01. REGULATION FD DISCLOSURE. On January 30, 2024, Navient Corporation (the "Company") issued a press release announcing strategic actions to simplify the Company, reduce its expense base, and enhance its flexibility as a result of the in-depth review overseen by the Board of Directors over the past several months. Supplemental materials about these strategic actions will be posted on Navient.com/investors tomorrow morning by 7 a.m. Navient will hold a live audio webcast tomorrow, January 31, 2024, at 8 a.m. ET to provide in-depth commentary on results of the business review and discuss its financial results. A copy of the press release is furnished herewith as Exhibit 99.1.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release, dated January 30, 2024. 104 Inline XBRL for the cover page of this Current Report on Form 8-K. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NAVIENT CORPORATION By: /s/ Mark L. Heleen Name: Mark L. Heleen Title: Chief Legal Officer Date: January 30, 2024 3