Farrell Kathleen Anne 4

What Happened
Nelnet director Kathleen Anne Farrell was granted 1,626 shares under the company's director compensation plan on June 15, 2026. The award is recorded at $110.76 per share, for a total value of approximately $180,096. This was an equity award (transaction code A), not an open-market purchase or option exercise.

Key Details

• Transaction date: 2026-06-15; filing date: 2026-06-17 (Form 4 filed timely).
• Price/value: $110.76 per share; total value ≈ $180,096.
• Shares granted: 1,626 shares (acquired).
• Shares were granted pursuant to the issuer’s Directors Stock Compensation Plan (footnote F1).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing appears timely (no late-filing flag in the data provided).

Context
Director grants are typically compensation for board service and represent company-issued shares rather than an insider buying stock on the open market. Such awards are routine and do not, by themselves, indicate the director’s personal cash investment or immediate market sentiment.