WASHINGTON (AP) - A director of student lender Sallie Mae, formally known as
SLM Corp., bought 15,000 shares of stock, according to a Securities and Exchange
Commission filing Friday.
In a Form 4 filed with the SEC, Frank C. Puleo reported he bought the shares
for $21 apiece on Friday.
Insiders file Form 4s with the SEC to report transactions in their
companies' shares. Open market purchases and sales must be reported within two
business days of the transaction.
SLM is based in Reston, Va.
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