William J. Munn - Mar 10, 2025 Form 4 Insider Report for NELNET INC (NNI)

Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for William J. Munn
Stock symbol
NNI
Transactions as of
Mar 10, 2025
Transactions value $
-$61,638
Form type
4
Date filed
3/12/2025, 04:44 PM
Previous filing
Nov 13, 2024
Next filing
Apr 11, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Tax liability -$16.3K -141 -2.84% $115.86 4.83K Mar 10, 2025 Direct F1, F2
transaction NNI Class A Common Stock Tax liability -$13.8K -119 -2.47% $115.86 4.71K Mar 10, 2025 Direct F1, F2
transaction NNI Class A Common Stock Tax liability -$16.6K -143 -3.04% $115.86 4.56K Mar 10, 2025 Direct F1, F2
transaction NNI Class A Common Stock Tax liability -$14.9K -129 -2.83% $115.86 4.44K Mar 10, 2025 Direct F1, F2
transaction NNI Class A Common Stock Award $0 +834 +18.8% $0.00 5.27K Mar 10, 2025 Direct F3
holding NNI Class A Common Stock 9.35K Mar 10, 2025 By Trust F4
* 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 March 10, 2025.
F3 These restricted shares were awarded to the reporting person pursuant to the issuer's Restricted Stock Plan. The shares vest equally over a five-year period, with one-fifth of the amount vesting annually on March 10 of each year.
F4 Shares held by a living trust of which the reporting person and his spouse are the trustees and beneficiaries.