4//SEC Filing
Kruger James D 4
Accession 0001008886-25-000049
CIK 0001258602other
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:43 PM ET
Size
18.2 KB
Accession
0001008886-25-000049
Insider Transaction Report
Form 4
NELNET INCNNI
Kruger James D
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2025-03-10$115.86/sh−488$56,540→ 54,253 total - Tax Payment
Class A Common Stock
2025-03-10$115.86/sh−486$56,308→ 53,767 total - Tax Payment
Class A Common Stock
2025-03-10$115.86/sh−791$91,645→ 54,741 total - Award
Class A Common Stock
2025-03-10+2,293→ 56,060 total
Holdings
- 5,000(indirect: By Trust)
Class A Common Stock
- 10,000(indirect: By Trust)
Class A Common Stock
- 9,010(indirect: By GRAT)
Class A Common Stock
- 45,000(indirect: By Trust)
Class A Common Stock
- 9,010(indirect: By GRAT)
Class A Common Stock
- 10,000(indirect: By Trust)
Class A Common Stock
- 45,192(indirect: By Trust)
Class A Common Stock
- 5,990(indirect: By Spouse)
Class A Common Stock
Footnotes (12)
- [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).
- [F10]Shares held by a revocable trust established by the reporting person, of which trust the reporting person is the sole trustee and sole lifetime beneficiary.
- [F11]Shares held by a revocable trust established by the reporting person's spouse, of which trust the reporting person's spouse is the sole trustee and sole lifetime beneficiary.
- [F12]Includes shares distributed to the reporting person's spouse by a GRAT as discussed in footnote (6) above.
- [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]Includes 4,303 shares issued pursuant to the issuer's Employee Share Purchase Plan. Also includes (i) 1,000 shares held jointly with spouse and (ii) shares distributed to the reporting person by a grantor retained annuity trust ("GRAT") as discussed in footnote (5) below.
- [F4]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.
- [F5]Shares held by a GRAT established by the reporting person on September 1, 2021, which reflect an annuity distribution from the trust to the reporting person of 2,050 shares on September 3, 2024. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F6]Shares held by a GRAT established by the reporting person's spouse on September 1, 2021, which reflect an annuity distribution from the trust to the reporting person's spouse of 2,050 shares on September 3, 2024. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F7]Shares held by a trust for the benefit of an adult son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F8]Shares held by a trust for the benefit of another adult son of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
- [F9]Shares held by a trust for the benefit of an adult daughter of the reporting person. The reporting person continues to report beneficial ownership of all the shares held by the trust, but disclaims beneficial ownership of the shares held by the trust except to the extent of his pecuniary interest therein.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
Related Parties
1- filerCIK 0001593432
Filing Metadata
- Form type
- 4
- Filed
- Mar 11, 8:00 PM ET
- Accepted
- Mar 12, 4:43 PM ET
- Size
- 18.2 KB