4//SEC Filing
MAGNOLIA CAPITAL FUND, LP 4
Accession 0001398344-25-011713
CIK 0001258602other
Filed
Jun 9, 8:00 PM ET
Accepted
Jun 10, 7:01 PM ET
Size
10.5 KB
Accession
0001398344-25-011713
Insider Transaction Report
Form 4
NELNET INCNNI
MAGNOLIA GROUP, LLC
Other
Transactions
- Other
Class A Common Stock, Par Value $0.01 per Share
2025-06-09−231,024→ 1,676,487 total
Peterson Adam K
DirectorOther
Transactions
- Other
Class A Common Stock, Par Value $0.01 per Share
2025-06-09−231,024→ 1,676,487 total
Transactions
- Other
Class A Common Stock, Par Value $0.01 per Share
2025-06-09−231,024→ 1,676,487 total
Footnotes (5)
- [F1]The reported shares are directly owned by Adam K. Peterson ("Mr. Peterson"), The Magnolia Group, LLC ("TMG") and Magnolia Capital Fund ("MCF"). TMG is the general partner and investment manager of MCF. Mr. Peterson is the managing member of TMG. TMG and Mr. Peterson could both be deemed to share indirect beneficial ownership of the shares reported herein for those reporting persons.
- [F2]TMG and Mr. Peterson disclaim beneficial ownership with respect to the shares reported indirectly except to the extent of their respective pecuniary interests therein, and this report shall not be deemed an admission of beneficial ownership of these securities for Section 16 or for any other purposes.
- [F3]Mr. Peterson serves on the Board of Directors of the Issuer.
- [F4]In satisfaction of a partial withdrawal request, MCF distributed in-kind to three limited partners a total of 231,024 shares of the Issuer's Common Stock on June 9, 2025. As a result of the distribution, MCF is no longer deemed beneficial owner of such distributed shares and, accordingly, the number of shares reported by MCF decreased by 231,024 (with a corresponding decrease in the number of shares beneficially owned by TMG, as the general partner of MCF, and Mr. Peterson, as the managing member of TMG).
- [F5]MCF may be deemed the beneficial owner of 1,668,976 shares of Common Stock that it holds. TMG may be deemed the beneficial owner of 1,668,976 shares of Common Stock that it holds. Mr. Peterson may be deemed the beneficial owner of 1,676,487 shares of Common Stock, including the 7,511 shares of Phantom Stock that he holds directly and he holds interest in MCF and TMG.
Documents
Issuer
NELNET INC
CIK 0001258602
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001618333
Filing Metadata
- Form type
- 4
- Filed
- Jun 9, 8:00 PM ET
- Accepted
- Jun 10, 7:01 PM ET
- Size
- 10.5 KB