Form 4: Nelnet Inc. Executive Matthew W. Dunlap Reports Changes in Beneficial Ownership

Matthew W. Dunlap, President of NFS at Nelnet Inc., reports changes in beneficial ownership of Class A Common Stock due to tax withholding and dividend reinvestment.

Summary

• On June 10, 2024, Matthew W. Dunlap, President of NFS at Nelnet Inc., reported changes in his beneficial ownership of the company's stock.
• 15 shares of Class A Common Stock were disposed of due to tax withholding at a price of $100.09 per share to cover tax obligations from vesting shares.
• Dunlap also acquired 24 shares of Class A Common Stock through the issuer's dividend reinvestment plan since March 12, 2024.
• Following these transactions, Dunlap directly owns 13,348 shares of Class A Common Stock and 100 shares of Class B Common Stock.
• The report excludes shares held by estate planning trusts and a family limited liability company over which Dunlap does not have investment or dispositive control.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company. This filing indicates standard transactions related to executive compensation and investment.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they reflect standard executive compensation and investment activities.

Key Dates