Angie Muhleisen - Nov 22, 2023 Form 4 Insider Report for NELNET INC (NNI)

Role
10%+ Owner
Signature
/s/ Audra Hoffschneider, Attorney-in-Fact for Angela L. Muhleisen
Stock symbol
NNI
Transactions as of
Nov 22, 2023
Transactions value $
$0
Form type
4
Date filed
11/27/2023, 05:16 PM
Previous filing
Aug 28, 2023
Next filing
Dec 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NNI Class A Common Stock Gift $0 -88K -100% $0.00* 0 Nov 22, 2023 By trust F1
transaction NNI Class A Common Stock Gift $0 +88K +12.92% $0.00 769K Nov 22, 2023 By adult son F1
transaction NNI Class A Common Stock Gift $0 -88K -100% $0.00* 0 Nov 22, 2023 By trust F2
transaction NNI Class A Common Stock Gift $0 +88K +11.44% $0.00 857K Nov 22, 2023 By adult son F2
holding NNI Class A Common Stock 24.6K Nov 22, 2023 By trust F3
holding NNI Class A Common Stock 24.6K Nov 22, 2023 By trust F4
holding NNI Class A Common Stock 959K Nov 22, 2023 Direct F5
holding NNI Class A Common Stock 1.21M Nov 22, 2023 Direct F6
holding NNI Class A Common Stock 52.3K Nov 22, 2023 Direct F7
holding NNI Class A Common Stock 869K Nov 22, 2023 By adult daughter
holding NNI Class A Common Stock 276K Nov 22, 2023 By Dynasty Trust F8
holding NNI Class A Common Stock 276K Nov 22, 2023 By Dynasty Trust F9
holding NNI Class A Common Stock 39.1K Nov 22, 2023 By GRAT F10
holding NNI Class A Common Stock 43.5K Nov 22, 2023 By GRAT F11
holding NNI Class A Common Stock 26K Nov 22, 2023 By GRAT F12
holding NNI Class A Common Stock 29K Nov 22, 2023 By GRAT F13
holding NNI Class A Common Stock 33.4K Nov 22, 2023 By GRAT F14
holding NNI Class A Common Stock 37.5K Nov 22, 2023 By GRAT F15
holding NNI Class A Common Stock 35.9K Nov 22, 2023 By GRAT F16
holding NNI Class A Common Stock 39.7K Nov 22, 2023 By GRAT F17
holding NNI Class A Common Stock 50K Nov 22, 2023 By GRAT F18
holding NNI Class A Common Stock 50K Nov 22, 2023 By GRAT F19
holding NNI Class A Common Stock 50K Nov 22, 2023 By GRAT F20
holding NNI Class A Common Stock 50K Nov 22, 2023 By GRAT F21
holding NNI Class A Common Stock 10K Nov 22, 2023 By 2020 Dynasty Trust F22
holding NNI Class A Common Stock 10K Nov 22, 2023 By 2020 Dynasty Trust F23
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were held by the A. Muhleisen Post-Annuity Irrevocable Trust dated 8/29/2003, of which the adult son of the reporting persons was the beneficiary. Pursuant to the terms of the trust, the shares held by the trust were transferred to the adult son of the reporting person.
F2 Shares were held by the Jason D. Muhleisen Irrevocable Trust dated 8/29/2003, of which the adult son of the reporting persons was the beneficiary. Pursuant to the terms of the trust, the shares held by the trust were transferred to the adult son of the reporting person.
F3 Shares held by the Dan D. Muhleisen 2020 Post-Annuity GRAT FBO Alicia Muhleisen, of which an adult daughter of the reporting persons is the beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F4 Shares held by the Dan D. Muhleisen 2020 Post-Annuity GRAT FBO Jason Muhleisen, of which an adult son of the reporting persons is the beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F5 These shares are held by Angela L. Muhleisen.
F6 These shares are held by Dan D. Muhleisen.
F7 These shares are held jointly by Angela L. Muhleisen and Dan D. Muhleisen.
F8 Shares gifted to and held by a Dynasty Trust established by the reporting persons in 2012, of which the adult daughter of the reporting persons is the initial beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F9 Shares gifted to and held by a Dynasty Trust established by the reporting persons in 2012, of which the adult son of the reporting persons is the initial beneficiary. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F10 Shares held by a Dan D. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F11 Shares held by a separate Dan D. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F12 Shares held by an Angela L. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F13 Shares held by a separate Angela L. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F14 Shares held by a separate Angela L. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F15 Shares held by a separate Angela L. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F16 Shares held by a separate Angela L. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F17 Shares held by a separate Angela L. Muhleisen GRAT dated 6/10/2020. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F18 Shares held by an Angela L. Muhleisen GRAT dated 11/29/2022. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F19 Shares held by a separate Angela L. Muhleisen GRAT dated 11/29/2022. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F20 Shares held by a separate Angela L. Muhleisen GRAT dated 11/29/2022. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F21 Shares held by a separate Angela L. Muhleisen GRAT dated 11/29/2022. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F22 Shares held by a Dynasty Trust established by Ms. Muhleisen in 2020, of which the adult daughter and the adult son of the reporting persons are the initial beneficiaries. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.
F23 Shares held by a Dynasty Trust established by Mr. Muhleisen in 2020, of which the adult daughter and the adult son of the reporting persons are the initial beneficiaries. The reporting persons continue to report beneficial ownership of all the shares held by the trust, but disclaim beneficial ownership of the shares held by the trust except to the extent of each such reporting person's pecuniary interest therein.