Matthew W. Dunlap - 10 Jun 2025 Form 4 Insider Report for NELNET INC (NNI)

Role
President, NFS, Director
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Matthew W. Dunlap
Issuer symbol
NNI
Transactions as of
10 Jun 2025
Net transactions value
-$1,726
Form type
4
Filing time
11 Jun 2025, 16:36:19 UTC
Previous filing
12 Mar 2025
Next filing
30 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Dunlap Matthew W President, NFS, Director 121 SOUTH 13TH STREET, SUITE 100, LINCOLN /s/ Audra Hoffschneider, Attorney-in-Fact for Matthew W. Dunlap 11 Jun 2025 0001917996

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Tax liability $1,726 -15 -0.11% $115.07 13,319 10 Jun 2025 Direct F1, F2, F3
holding NNI Class B Common Stock 155,012 10 Jun 2025 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, 2025.
F3 Includes 26 shares of Class A common stock acquired by the reporting person pursuant to the issuer's dividend reinvestment plan since March 12, 2025.

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.