Steven J. McGarry
Net Worth

Last updated:

What is Steven J. McGarry net worth?

The estimated net worth of Mr. Steven J. McGarry is at least $57,092,535 as of 28 Feb 2022. He owns shares worth $32,982,673 as insider, has earned $2,189,862 from insider trading and has received compensation worth at least $21,920,000 in SLM Corporation and SLM Corporation.

What is the salary of Steven J. McGarry?

Mr. Steven J. McGarry salary is $1,370,000 per year as Executive Vice President & Chief Financial Officer in SLM Corporation. He also receives $1,370,000 as Executive Vice President & Chief Financial Officer in SLM Corporation.

How old is Steven J. McGarry?

Mr. Steven J. McGarry is 67 years old, born in 1958.

What stocks does Steven J. McGarry currently own?

As insider, Mr. Steven J. McGarry owns shares in 2 companies:

Company Title Shares Price per share Total value
SLM Corporation (SLM) Executive Vice President & Chief Financial Officer 342,367 $30 $10,271,010
SLM Corporation (SLMBP) Executive Vice President & Chief Financial Officer 298,877 $75.99 $22,711,663

What does SLM Corporation do?

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

What does SLM Corporation do?

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

Steven J. McGarry insider trading

SLM Corporation

Mr. Steven J. McGarry has made 2 insider trades between 2020-2022, according to the Form 4 filled with the SEC. Most recently he sold 15,016 units of SLMBP stock worth $296,566 on 28 Feb 2022.

The largest trade he's ever made was exercising 30,000 units of SLMBP stock on 13 Nov 2020. As of 28 Feb 2022 he still owns at least 298,877 units of SLMBP stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 15,016 $19.75 $296,566
Sale
Common Stock 22,834 $19.89 $454,214
Option
Stock Options (Right to Buy) 30,000 $5.24 $157,290
Option
Common Stock 30,000 $5.24 $157,290

SLM Corporation

Mr. Steven J. McGarry has made 5 insider trades between 2014-2023, according to the Form 4 filled with the SEC. Most recently he sold 41,733 units of SLM stock worth $688,302 on 5 Jun 2023.

The largest trade he's ever made was exercising 95,584 units of SLM stock on 6 Jun 2018. As of 28 Feb 2022 he still owns at least 342,367 units of SLM stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 41,733 $16.49 $688,302
Sale
Common Stock 15,016 $19.75 $296,566
Sale
Common Stock 22,834 $19.89 $454,214
Option
Stock Options (Right to Buy) 30,000 N/A N/A
Option
Common Stock 30,000 $5.24 $157,290
Sale
Common Stock 95,584 N/A N/A
Option
Common Stock 44,755 N/A N/A
Sale
Common Stock 13,836 N/A N/A
Option
Stock Options (Right to Buy) 44,755 N/A N/A
Option
Stock Options (Right to Buy) 30,272 N/A N/A
Option
Common Stock 30,272 N/A N/A
Purchase
Common Stock 7,500 N/A N/A
Purchase
Common Stock 11,685 N/A N/A

SLM key executives

SLM Corporation executives and other stock owners filed with the SEC: