SEC Form 4 · accession 0001008886-26-000172
NELNET INC · NNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Edward Henning
Director
Period of report
Jun 15, 2026
Accepted (ET)
Jun 17, 2026 · 5:03 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001258602
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | holding | — | — | — | 11,058 | D | ||
| Class A Common StockF1 | holding | — | — | — | 13 | I | IRA | |
| Class A Common StockF2 | holding | — | — | — | 8 | I | Spouse IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF5,F3,F4 | — | Jun 15, 2026 | A | 1,738 | A | — | — | Class A Common Stock | 1,738 | 59,312 | D |
Explanation of responses
- F1Represents shares held in the reporting person's IRA for which acquisition records are no longer available, which were inadvertently omitted from prior Section 16 filings.
- F2Represents shares held in the IRA of the reporting person's spouse for which acquisition records are no longer available, which were inadvertently omitted from prior Section 16 filings.
- F31-for-1.
- F4The 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.
- F5Includes a total of 574 shares acquired since June 18, 2025 pursuant to the dividend reinvestment feature of the issuer's Directors Stock Compensation Plan.