Form 4: Nelnet Inc. Executive William J. Munn Reports Gift of Class A Common Stock to Living Trust
SEC Form 4 Filing
William J. Munn, Secy/Chief Legal Off/Gen Coun of Nelnet Inc., reported gifting 1,749 shares of Class A Common Stock to a living trust on April 9, 2025.
Summary
- On April 9, 2025, William J. Munn, an officer of Nelnet Inc., reported a transaction involving Class A Common Stock.
- Mr. Munn gifted 1,749 shares of Class A Common Stock to a living trust.
- The reporting person and his spouse are the trustees and beneficiaries of the trust.
- Following the transaction, Mr. Munn directly owns 3,520 shares and indirectly owns 11,103 shares through the trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock ownership change.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a broader industry trend.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders as it is a transfer of shares to a trust.
Key Dates
| Date | Description |
|---|---|
| 04/09/2025 | Date of transaction: Gift of Class A Common Stock to a living trust |
| 04/11/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Nelnet Inc, NNI, William J. Munn, Class A Common Stock, Living Trust, Gift
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