UNION BANK & TRUST CO / TRUSTEE - 30 Sep 2025 SCHEDULE 13G/A Report for NELNET, INC. Class A Common Stock (NNI)

Filing Manager: UNION BANK & TRUST CO / TRUSTEE
Reporting Manager: UNION BANK & TRUST CO / TRUSTEE
Security: NELNET, INC. Class A Common Stock
Symbol: NNI
Shares outstanding: 25,914,278 shares
Disclosed Ownership: 2,047,228 shares
Ownership: 7.9%
Form type: SCHEDULE 13G/A
Filing time: 13 Nov 2025, 16:59:17 UTC
Date of event: 30 Sep 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
UNION BANK & TRUST CO / TRUSTEE	7.9%	2,047,228	30,000	2,017,228	/s/ Nicole M. Stawniak, pursuant to power of attorney filed herewith	Nicole M. Stawniak, Attorney-in-Fact