Kerri A. Palmer holds 77,262 unexercised options of SLM Corporation, all set to expire on February 5, 2031, with an exercise price of $17.65. As of December 31, 2022, her unvested stock has a market value of approximately $962,737, based...
Kerri A. Palmer holds 77,262 unexercised options of SLM Corporation, all set to expire on February 5, 2031, with an exercise price of $17.65. As of December 31, 2022, her unvested stock has a market value of approximately $962,737, based on the closing price of $16.60 per share. Her wealth in company stock indicates a significant investment in SLM's future, showing confidence in the organization's direction. Palmer's stock holdings reflect her long-term commitment, though they require successful performance metrics to grant full value over time. With no sales reported in 2023, it seems she is waiting for the right moment to realize her investments, maintaining a high percentage of her wealth tied to SLM's success until those options vest.