{"filing":{"accession_number":"0001193125-26-248512","cik":"0001593538","ticker":"JSM","company_name":"NAVIENT CORP","form":"8-K","filing_date":"2026-05-29","report_date":null,"primary_document":"d156580d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1593538/000119312526248512/d156580d8k.htm"},"events":[{"id":8132,"run_id":7138,"accession_number":"0001193125-26-248512","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"summary":"Navient completed a $500 million public offering of senior notes on May 29, 2026, entering into an Underwriting Agreement with major financial institutions including BofA Securities, Barclays, J.P. Morgan, and RBC Capital Markets. The transaction represents a material financing activity affecting the company's capital structure and liquidity.","company_name":"NAVIENT CORP","ticker":"JSM","filing_date":"2026-05-29","form":"8-K","submitted_at":null,"items":[{"id":2732,"accession_number":"0001193125-26-248512","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Navient completed a $500 million public offering of senior notes on May 29, 2026, entering into an Underwriting Agreement with major financial institutions (BofA Securities, Barclays, J.P. Morgan, RBC Capital Markets). While this is technically a debt issuance rather than a traditional M\u0026A transaction, Item 1.01 encompasses \"Entry into a Material Definitive Agreement,\" and the underwriting agreement represents a material financing transaction that would affect investor assessment of the company's capital structure and liquidity. The materiality threshold is clearly met given the size ($500M) and nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-30T02:14:56.478758+00:00","company_name":"","ticker":null,"filing_date":""},{"id":2733,"accession_number":"0001193125-26-248512","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation via an Indenture referenced in Item 1.01. Without access to the Item 1.01 content, the specific nature of the obligation cannot be determined—it could represent debt issuance (ma_activity if part of a larger transaction), a covenant breach trigger, or routine debt creation. The incorporation by reference suggests materiality, but the event type cannot be confidently assigned without the underlying Indenture details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-30T02:14:56.478758+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":2732,"accession_number":"0001193125-26-248512","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.75,"reasoning":"Navient completed a $500 million public offering of senior notes on May 29, 2026, entering into an Underwriting Agreement with major financial institutions (BofA Securities, Barclays, J.P. Morgan, RBC Capital Markets). While this is technically a debt issuance rather than a traditional M\u0026A transaction, Item 1.01 encompasses \"Entry into a Material Definitive Agreement,\" and the underwriting agreement represents a material financing transaction that would affect investor assessment of the company's capital structure and liquidity. The materiality threshold is clearly met given the size ($500M) and nature of the transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-30T02:14:56.478758+00:00","company_name":"NAVIENT CORP","ticker":"JSM","filing_date":"2026-05-29"},{"id":2733,"accession_number":"0001193125-26-248512","item_number":"2.03","item_title":null,"event_type":"other_material","event_domain":"catchall","is_material":true,"confidence":0.45,"reasoning":"Item 2.03 discloses creation of a direct financial obligation via an Indenture referenced in Item 1.01. Without access to the Item 1.01 content, the specific nature of the obligation cannot be determined—it could represent debt issuance (ma_activity if part of a larger transaction), a covenant breach trigger, or routine debt creation. The incorporation by reference suggests materiality, but the event type cannot be confidently assigned without the underlying Indenture details.","classifier_version":"claude-haiku-4-5-20251001+prompt-9e0ffca5","taxonomy_version":"v1","classified_at":"2026-05-30T02:14:56.478758+00:00","company_name":"NAVIENT CORP","ticker":"JSM","filing_date":"2026-05-29"}]}