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SLM Corporation 8-K Report: Key Insights on Stock and Corporate Events

$SLM
Form 8-K
Filed on: 2025-01-13
Source
SLM Corporation 8-K Report: Key Insights on Stock and Corporate Events

Here's the extracted key information and insights from the financial report section:

  1. Company Identification:
  • Name: SLM Corporation (SLM Corp)
  • CIK: 0001032033
  • IRS Employer Identification Number (EIN): 52-2013874
  • Address: 300 Continental Drive, Newark, DE 19713
  • Phone: 302-451-0200
  1. Reporting Information:
  • Filing Type: 8-K (Current Report)
  • Filing Date: January 12, 2025
  1. Stock Information:
  • Common Stock:
    • Par Value: $0.20 per share
    • Ticker Symbol: SLM
    • Exchange: NASDAQ
  • Preferred Stock:
    • Type: Floating Rate Non-Cumulative Preferred Stock, Series B
    • Par Value: $0.20 per share
    • Ticker Symbol: SLMBP
    • Exchange: NASDAQ
  1. Context and Segments:
  • The report indicates that it includes segments related to Common Class A stocks and Noncumulative Preferred Stock, which likely pertains to the capital structure of the company.
  • The reporting period for the data is a single day, January 12, 2025, indicating that the filing is specific to an event or transaction occurring on that date.
  1. General Insights:
  • The use of the 8-K filing indicates that this report is likely disclosing significant events that have occurred, which may include changes in capital structure, corporate governance, or other key updates affecting shareholders.
  • The presence of both common and preferred stock suggests a dual-class structure which may be relevant for understanding governance and dividend distributions.

This section provides a snapshot of SLM Corporation's capital structure and highlights important identifiers related to the company's stock. The report seems to focus on a significant corporate event, as indicated by the 8-K filing.