Navient Corporation Announces Plan to Establish New Holding Company Structure

Navient Corporation announced on October 21, 2026, its plan to implement a new holding company structure, creating Navient Holdings, Inc. as the parent company of Navient LLC and E Parent, Inc. Existing shares of Navient Corporation will convert on a one-for-one basis into shares of the new entity, which will continue trading under the ticker symbol 'NAVI' on Nasdaq. The reorganization aims to enhance long-term shareholder value and is expected to be completed in the fourth quarter of 2026, requiring no action from stockholders.