Thomas E. Henning - 05 Sep 2025 Form 4 Insider Report for NELNET INC (NNI)

Reporting relationship: Director
Issuer ticker: NNI
Reported as of: 05 Sep 2025
Net transaction value: -$1,056,219
SEC form: 4
Accepted by SEC: 08 Sep 2025, 17:03:30 UTC
Prior SEC filing: 18 Jun 2025
Next SEC filing: 17 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Nicole M. Stawniak, Attorney-in-Fact for Thomas E. Henning

Key filing fact

Thomas E. Henning filed Form 4 for NELNET INC (NNI) on 08 Sep 2025.

Key facts

This page summarizes Thomas E. Henning's Form 4 filing for NELNET INC (NNI).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 08 Sep 2025, 17:03.

Change

Previous filing in this sequence was filed on 18 Jun 2025.
Current net transaction value: -$1,056,219.

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 0001269806 Primary reporting owner

HENNING THOMAS EDWARD

Relationship: Director
Address: C/O NELNET, INC., 121 SOUTH 13TH STREET, SUITE 100, LINCOLN
Signature: /s/ Nicole M. Stawniak, Attorney-in-Fact for Thomas E. Henning
Signature date: 08 Sep 2025

Reported non-derivative transactions

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

NNI transaction

Class A Common Stock

Sale

Transaction value: $656,464
Shares: -5,094
Change %: -32%
Price: $128.87
Shares after: 11,058
Date: 05 Sep 2025
Ownership: Direct
Footnotes: F1

NNI transaction

Class A Common Stock

Sale

Transaction value: $399,755
Shares: -3,102
Change %: -100%
Price: $128.87
Shares after: 0
Date: 05 Sep 2025
Ownership: By Spouse
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 2 footnotes

Footnote F1

This transaction was effected pursuant to a Rule 10b5-1 trading plan that was entered into by the reporting person on June 6, 2025.

Footnote F2

This transaction was effected pursuant to a Rule 10b5-1 trading plan that was entered into by the reporting person's spouse on June 6, 2025.

SEC remarks

Exhibit List: Exhibit 24 - Power of Attorney