Kathleen A. Farrell - 16 Jun 2025 Form 4 Insider Report for NELNET INC (NNI)

Role
Director
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Kathleen A. Farrell
Issuer symbol
NNI
Transactions as of
16 Jun 2025
Net transactions value
+$180,073
Form type
4
Filing time
18 Jun 2025, 16:45:35 UTC
Previous filing
18 Jun 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Farrell Kathleen Anne Director C/O NELNET, INC., 121 SOUTH 13TH STREET, SUITE 100, LINCOLN /s/ Audra Hoffschneider, Attorney-in-Fact for Kathleen A. Farrell 18 Jun 2025 0001417962

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Award $180,073 +1,884 +9.9% $95.58 20,944 16 Jun 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NNI Phantom Stock 32,194 16 Jun 2025 Class A Common Stock 32,194 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were granted pursuant to the issuer's Directors Stock Compensation Plan.
F2 1-for-1.
F3 The shares of phantom stock were granted pursuant to the issuer's Directors Stock Compensation Plan. They will become payable in shares of Class A Common Stock promptly after the time of termination of the reporting person's service as a member of the issuer's Board of Directors. The shares will be payable in a lump sum promptly after the time of termination of the reporting person's service as a member of the issuer's Board, or in up to five annual installments, commencing promptly after the time of termination of the reporting person's service on the issuer's Board, as elected by the reporting person.
F4 Includes a total of 320 shares acquired since June 18, 2024 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.