Director Adam Peterson resigns from Nelnet (NYSE: NNI) board role
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
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.
Positive
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Negative
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 23, 2026, Adam Peterson notified Nelnet, Inc. (the “Company”) of his resignation from the Company's Board of Directors (the “Board”) effective immediately. Mr. Peterson’s resignation was for business and personal reasons and not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
The Board and the Company's management express their appreciation to Mr. Peterson for his dedicated service and the significant contributions he made to the Company during his tenure on the Board.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
NELNET, INC.
Date: March 23, 2026 By: /s/ JAMES D. KRUGER
Name: James D. Kruger
Title: Chief Financial Officer
FAQ
What did Nelnet (NNI) announce in this Form 8-K?
Nelnet announced that director Adam Peterson resigned from its Board of Directors, effective immediately on March 23, 2026. The company emphasized that his departure was not due to any disagreement over operations, policies, or practices and thanked him for his service.
Why did Adam Peterson resign from Nelnet (NNI)’s Board of Directors?
Adam Peterson resigned from Nelnet’s Board for business and personal reasons, according to the company’s disclosure. Nelnet specified that his decision was not related to any disagreement with the company regarding its operations, policies, or practices during his tenure.
When did Adam Peterson’s resignation from Nelnet (NNI) become effective?
Adam Peterson’s resignation from Nelnet’s Board of Directors became effective immediately on March 23, 2026. The company reported this effective date and timing in its current report, indicating there is no transition period associated with his departure from the Board.
How did Nelnet (NNI) describe Adam Peterson’s contributions as a director?
Nelnet’s Board and management expressed appreciation for Adam Peterson’s dedicated service and significant contributions. They publicly acknowledged his impact during his tenure on the Board, signaling recognition of his role in supporting the company’s activities and governance over time.
Who signed Nelnet (NNI)’s report announcing the board resignation?
The report announcing Adam Peterson’s resignation was signed on behalf of Nelnet by James D. Kruger. He signed in his capacity as Chief Financial Officer, fulfilling the company’s requirement to have an authorized officer execute the current report filing.