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

Reporting relationship: Director
Issuer ticker: NNI
Reported as of: 16 Jun 2025
Net transaction value: +$180,073
SEC form: 4
Accepted by SEC: 18 Jun 2025, 16:45:35 UTC
Prior SEC filing: 18 Jun 2024
Next SEC filing: 17 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Audra Hoffschneider, Attorney-in-Fact for Kathleen A. Farrell

Key filing fact

Kathleen A. Farrell filed Form 4 for NELNET INC (NNI) on 18 Jun 2025.

Key facts

This page summarizes Kathleen A. Farrell's Form 4 filing for NELNET INC (NNI).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 18 Jun 2025, 16:45.

Change

Previous filing in this sequence was filed on 18 Jun 2024.
Current net transaction value: +$180,073.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001417962 Primary reporting owner

Farrell Kathleen Anne

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NNI transaction

Class A Common Stock

Award

Transaction value: $180,073
Shares: +1,884
Change %: +9.9%
Price: $95.58
Shares after: 20,944
Date: 16 Jun 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NNI holding Derivative

Phantom Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 32,194
Date: 16 Jun 2025
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 32,194
Exercise price
Footnotes: F2, F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

These shares were granted pursuant to the issuer's Directors Stock Compensation Plan.

Footnote F2

1-for-1.

Footnote 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.

Footnote 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.