Welcome to our dedicated page for Nelnet SEC filings (Ticker: NNI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Nelnet, Inc. filings document operating results, subsidiary banking disclosures, governance matters, and financing arrangements for a company active in loan servicing, loan asset management, education technology, payment services, and Nelnet Bank. Its 8-K reports furnish quarterly earnings materials, Regulation FD disclosures for Nelnet Bank Call Reports, material agreements, and board-level changes.
Proxy materials describe director elections, executive compensation, equity awards, shareholder voting matters, and board governance. Financing disclosures include credit agreements, subsidiary guarantees, borrowing covenants, recourse indebtedness limits, and asset quality tests tied to non-FFELP loans held by the company and its consolidated subsidiaries.
Bansal Preeta D reported acquisition or exercise transactions in this Form 4 filing.
Nelnet Inc. director Preeta D. Bansal received a grant of 1,626 shares of Class A Common Stock at $110.76 per share. The shares were awarded under the company’s Directors Stock Compensation Plan. Following this grant, she directly holds 20,243 shares.
Farrell Kathleen Anne reported acquisition or exercise transactions in this Form 4 filing.
Nelnet Inc. director Kathleen Anne Farrell received 1,626 shares of Class A Common Stock as a grant. The shares were awarded on June 15, 2026 at a price of $110.76 per share pursuant to the issuer's Directors Stock Compensation Plan. Following this compensation award, she directly holds 22,570 shares of Nelnet Class A Common Stock.
Van Deun Jona M reported acquisition or exercise transactions in this Form 4 filing.
Nelnet Inc. director Jona M. Van Deun received new equity awards as board compensation. On the transaction date, Van Deun was granted 407 shares of Class A Common Stock at a reference price of $110.76 per share under the issuer's Directors Stock Compensation Plan, bringing direct Class A holdings to 1,111 shares.
Van Deun was also granted 1,219 shares of phantom stock, credited at the same $110.76 reference price, increasing total phantom stock units to 8,398. The phantom stock is granted on a 1-for-1 basis and will be settled in shares of Class A Common Stock after the director's service on the board ends, either in a lump sum or up to five annual installments, as elected.
Nelnet Inc. director Kimberly Kay Rath received a grant of 1,535 phantom stock units under the company’s Directors Stock Compensation Plan. Each unit is on a 1-for-1 basis with Class A Common Stock and will be paid in shares after her board service ends, either in a lump sum or up to five annual installments, as she elects.
Following this award, she holds a total of 65,229 phantom stock units, which includes 636 units acquired through the plan’s dividend reinvestment feature since June 18, 2025. This filing reflects a compensation-related award rather than an open‑market stock purchase or sale.
Graff David S reported acquisition or exercise transactions in this Form 4 filing.
Nelnet Inc. director David S. Graff received a stock grant of 1,535 shares of Class A Common Stock on June 15, 2026. The shares were granted under the issuer's Directors Stock Compensation Plan and are reported at $110.76 per share. Following this award, Graff directly holds 31,860 shares of Nelnet Class A Common Stock. This filing reflects a compensation-related share award rather than an open-market purchase or sale.
HENNING THOMAS EDWARD reported acquisition or exercise transactions in this Form 4 filing.
Nelnet Inc. director Thomas Edward Henning reported updated equity holdings and a new compensation grant. He received 1,738 phantom stock units at $110.76 per unit under the Directors Stock Compensation Plan, convertible 1-for-1 into Class A Common Stock after his board service ends, either in a lump sum or up to five annual installments.
Following this grant, he holds 59,312 phantom stock units, 11,058 Class A shares directly, and small indirect positions of 13 shares in his IRA and 8 shares in his spouse’s IRA. The filing notes these IRA holdings, including 574 shares accumulated via dividend reinvestment since June 18, 2025, were previously omitted from Section 16 reports.
NELNET INC director and executive Matthew W. Dunlap reported a small, routine tax-withholding transaction related to vesting equity awards. On the reported date, 15 shares of Class A Common Stock were withheld by the issuer at a per-share value of $130.72 to satisfy his tax obligation from the vesting of a previously granted share award under Rule 16b-3(d). This was not an open-market sale.
After this tax-withholding disposition, Dunlap directly holds 17,054 shares of Class A Common Stock and 226,197 shares of Class B Common Stock, indicating the transaction affected only a very small portion of his overall position.
Nelnet, Inc. received an amended Schedule 13D from Magnolia Capital Fund, The Magnolia Group, and Adam K. Peterson updating their ownership and recent activity in the company’s Class A common stock. The reporting persons collectively beneficially own 1,502,703 shares, or about 5.9% of the 25,317,348 shares outstanding.
Magnolia Capital Fund distributed in-kind 76,401 and 99,426 shares to withdrawing limited partners on May 13 and May 14, 2026, reducing its reported holdings by 175,827 shares. Adam Peterson also notified Nelnet on March 23, 2026 of his immediate resignation from the Board of Directors, while the group indicates it may buy or sell additional shares in the future based on investment considerations.
Nelnet, Inc. Schedule 13G reports that Magnolia Capital Fund, LP and related parties beneficially hold 1,493,149 shares of Class A common stock and that Adam K. Peterson is shown with 1,502,703 shares, each representing 5.9% of the class. The filing states that The Magnolia Group, LLC is the general partner of Magnolia Capital Fund and that Mr. Peterson is the managing member; TMG and Mr. Peterson disclaim beneficial ownership while the filing is jointly submitted. The document includes a Joint Filing Agreement dated 06/05/2026.
NELNET INC filed an initial ownership report for Joseph Ernest Popevis, President of NDS, showing his existing equity stake rather than any new trade. He directly holds 25,986 shares of Class A Common Stock. This includes 7,154 restricted shares granted under the company’s Restricted Stock Plan, which vest in stages through March 10, 2031.