Matthew W. Dunlap - Jun 10, 2024 Form 4 Insider Report for NELNET INC (NNI)

Role: President, NFS, Director
Signature: /s/ Audra Hoffschneider, Attorney-in-Fact for Matthew W. Dunlap
Stock symbol: NNI
Transactions as of: Jun 10, 2024
Transactions value $: -$1,501
Form type: 4
Date filed: 6/12/2024, 05:00 PM
Previous filing: Mar 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NNI	Class A Common Stock	Tax liability	-$1.5K	-15	-0.11%	$100.09	13.3K	Jun 10, 2024	Direct	F1, F2, F3
holding	NNI	Class B Common Stock						100	Jun 10, 2024	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were tax-withheld by the issuer to satisfy the reporting person's tax obligation resulting from the vesting of a previously reported grant of shares pursuant to Rule 16b-3(d).
F2	Per share value assigned by the issuer to the tax withholding shares under the tax withholding arrangement, and based on the market closing price of the shares on June 10, 2024.
F3	Includes 24 shares of Class A common stock acquired by the reporting person pursuant to the issuer's dividend reinvestment plan since March 12, 2024.

Remarks:

This Form 4 excludes certain shares of the issuer held by various estate planning trusts and by a family limited liability company in which the reporting person has an interest by virtue of being a beneficiary of various trusts, but with respect to which shares the reporting person does not have or share investment control, because the reporting person does not have or share investment or dispositive power or voting power, and thus the reporting person is not deemed to beneficially own such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934.