Welcome to our dedicated page for Nelnet SEC filings (Ticker: NNI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to Nelnet, Inc. (NYSE: NNI) SEC filings, giving investors and researchers a primary source for the company’s regulatory disclosures. As a Nebraska-incorporated public company, Nelnet files current reports on Form 8-K, periodic reports, and other documents under the Securities Exchange Act of 1934.
Recent 8-K filings referenced in company communications include earnings releases for quarters ended June 30 and September 30, 2025, which present GAAP and non-GAAP results and segment performance for Asset Generation and Management, Nelnet Bank, Loan Servicing and Systems, and Education Technology Services and Payments. Other 8-Ks describe material events such as gains on equity investments and the agreement, through Nelnet Canada, Inc., to acquire Finastra’s Canadian student loan servicing business.
Nelnet also uses 8-K filings to note when Nelnet Bank submits its Consolidated Reports of Condition and Income (Call Reports) to the FDIC, directing readers to the FDIC’s public website for those banking regulatory documents. These filings help users understand Nelnet Bank’s asset, loan, and deposit profiles and how they relate to the broader Nelnet Financial Services division.
On Stock Titan, SEC documents for NNI are paired with AI-powered summaries that explain the key points of lengthy filings, such as earnings releases and other current reports. Users can quickly see what changed, which segments drove results, and how specific transactions or provisions affected reported figures, while still having access to the full original filings for detailed review.
For those tracking Nelnet’s governance, capital allocation, or risk disclosures, this page is a central location to review the company’s official SEC-reported information alongside concise AI-generated highlights.
Nelnet, Inc. is asking shareholders to vote at its May 14, 2026 annual meeting, offered in a hybrid in‑person and virtual format. Items include electing three Class III directors through 2029, ratifying KPMG LLP as auditor, approving amendments to the Directors Stock Compensation Plan, and an advisory vote on executive pay.
The company highlights a pay‑for‑performance philosophy and reports 2025 net income, excluding derivative market value adjustments, of $435.4 million, or $11.98 per share. Executive and director compensation uses cash retainers, performance‑based bonuses, and restricted stock, alongside ownership guidelines, a clawback policy, and prohibitions on hedging and short sales. Executive Chairman Michael S. Dunlap beneficially holds 77.1% of combined voting power, giving him effective control of board elections.
Nelnet, Inc. entered into a new $435 million unsecured line of credit with a syndicate of banks led by U.S. Bank National Association as Administrative Agent. The facility initially has a zero balance and the full $435 million is available for general corporate purposes.
The credit agreement matures on March 31, 2031 and includes financial covenants tied to minimum consolidated net worth, an adjusted EBITDA-to-recourse indebtedness ratio, limits on recourse indebtedness and permitted investments, and an asset quality test for non-FFELP loans. Certain subsidiaries guarantee the obligations.
In connection with this new facility, Nelnet terminated its prior $495 million unsecured line of credit dated September 22, 2021, which had a scheduled maturity of September 22, 2026 and no outstanding balance at termination.
Nelnet Inc. insider Adam K. Peterson converted 9,544 phantom stock units into 9,544 shares of Class A Common Stock. These phantom shares were granted under the issuer's Directors Stock Compensation Plan and became payable in stock when he resigned from the Board of Directors on March 23, 2026.
Following the conversion and related exercise, Peterson is reported as having 1,678,520 shares of Class A Common Stock, including 1,668,976 shares directly owned by Magnolia Capital Fund, LP, where The Magnolia Group, LLC is general partner and investment manager and Peterson is the managing member.
The Vanguard Group filed Amendment No. 1 to a Schedule 13G/A reporting its holdings in Nelnet Inc. The amendment states 0 shares beneficially owned, representing 0% of the class, following an internal realignment described in SEC Release No. 34-39538 dated January 12, 2026. The filing is signed by Ashley Grim on 03/27/2026.
The disclosure explains certain Vanguard subsidiaries will report beneficial ownership separately after the realignment; the filing lists the issuer address as 121 S 13th St, Lincoln, NE.
Nelnet, Inc. reported that director Adam Peterson resigned from its Board of Directors effective immediately on March 23, 2026. The company states his decision was due to business and personal reasons and was not the result of any disagreement over operations, policies, or practices. The Board and management publicly thanked Peterson for his dedicated service and significant contributions during his tenure.
Nelnet Inc.'s Secretary and Chief Legal Officer William J. Munn reported compensation-related stock activity. On March 10, 2026, he received 3,011 restricted shares under the Restricted Stock Plan that vest in equal installments over five years, and 2,597 shares as a 2025 performance-based bonus paid in stock. To cover related tax obligations, the issuer withheld a total of 1,204 shares at values based on closing market prices. After these awards and tax-withholding dispositions, Munn holds 7,924 Class A shares directly and 11,103 shares indirectly through a living trust he and his spouse administer.
Nelnet Inc Chief People Services Officer Emily Olinger reported routine equity compensation activity in Class A Common Stock. On March 10, 2026, she received a total of 3,990 shares as restricted and performance-based stock awards, while 670 shares were withheld by the company to cover tax obligations. After these transactions, she directly holds 7,859 shares.
Nelnet Inc. Chief Financial Officer James D. Kruger reported stock-based compensation and related tax withholding in Class A Common Stock. On March 10, 2026, he received two share awards totaling 16,183 shares under the company’s restricted stock and bonus plans. The company withheld 5,310 shares, valued at per-share amounts including $131.23 and $132.87, to cover his tax obligations rather than selling shares on the open market. Following these transactions, he continues to hold a substantial direct position in Nelnet stock and also reports indirect beneficial ownership through GRATs, revocable trusts, and family trusts, while disclaiming beneficial ownership beyond his pecuniary interest.
Nelnet Inc. Chief Operating Officer Terry J. Heimes reported compensation-related stock activity in Class A Common Stock. He received 7,527 restricted shares that vest in equal installments over five years and 6,492 shares as his 2025 performance-based bonus, both under the company’s Restricted Stock Plan. The issuer withheld 5,274 shares at assigned per-share values of 131.23 and 132.87 to satisfy related tax obligations, a non-market disposition. Following these transactions, Heimes holds 27,923 shares directly, and also reports additional indirect holdings through revocable trusts, a spouse account, and children’s trusts.