Business Context and Reporting Period
Company: Navient Corporation
Filing Type: Form 8-K (Current Report)
Date of Report: October 29, 2021
Reporting Period: The filing serves as a Regulation FD disclosure to make the "2021 3rd Quarter Investor Deck" available to the public. It does not contain a standalone financial report for a specific period but references the third quarter of 2021.
Key Financial Metrics
The provided filing text does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The document acts as a conduit to an external presentation (Exhibit 99.1) where such data is located. The text confirms the company has the following securities registered on the Nasdaq Global Select Market:
- Common stock, par value $.01 per share (Symbol: NAVI)
- 6% Senior Notes due December 15, 2043 (Symbol: JSM)
Material Changes
The filing text does not disclose specific material changes in financial performance or operations compared to prior periods. The primary event reported is the public release of the third-quarter investor presentation.
Guidance, Outlook, and Risks
Management Commentary: The filing states that Navient frequently provides relevant information to investors via its corporate website. The specific content of the "2021 3rd Quarter Investor Deck" is not detailed in this text.
Legal Status of Information: The information contained in this Item 7.01 and the attached Exhibit 99.1 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as expressly set forth by specific reference.
Investor Verification Checklist
- Verify the specific financial figures and guidance by accessing the "2021 3rd Quarter Investor Deck" (Exhibit 99.1) on the company's investor relations website.
- Confirm the details of the 6% Senior Notes due 2043 (JSM) in the full presentation.
- Note that this 8-K filing itself does not constitute a filed financial statement under Section 18 of the Exchange Act.