NNI · Insider Trading
Nelnet, Inc. Class A
Every open-market purchase and sale reported by NNI officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.
| Filed | Insider | Role | Type | Shares | Value |
|---|---|---|---|---|---|
| 2026-10-07 | James D Kruger | Chief Financial Officer | G | — | — |
| 2026-09-16 | Kathleen Anne Farrell | Director | A | +185 | +$20.05K |
| 2026-09-16 | David S Graff | Director | A | +93 | +$10.08K |
| 2026-09-16 | Angie J Klein | Director | A | +1,108 | +$120.07K |
| 2026-09-16 | Edward Sysel Pallesen | Director | A | +1,046 | +$113.36K |
| 2026-09-16 | Kimberly Kay Rath | Director | A | +93 deriv. | — |
| 2026-07-10 | James D Kruger | Chief Financial Officer | G | −2,500 | — |
| 2026-06-17 | Thomas Edward Henning | Director | A | — | — |
| 2026-06-17 | Preeta D Bansal | Director | A | +1,626 | +$180.10K |
| 2026-06-17 | Jona M Van Deun | Director | A | +407 | +$45.08K |
| 2026-06-17 | David S Graff | Director | A | +1,535 | +$170.02K |
| 2026-06-17 | Kathleen Anne Farrell | Director | A | +1,626 | +$180.10K |
| 2026-06-17 | Kimberly Kay Rath | Director | A | +1,535 deriv. | — |
| 2026-06-11 | Matthew W Dunlap | President, NFS | F | −15 | −$1.96K |
| 2026-05-04 | James D Kruger | Chief Financial Officer | G | −5,000 | — |
| 2026-04-27 | MAGNOLIA CAPITAL FUND, LP | — | — | — | — |
| 2026-04-17 | William J Munn | Secy/Chief Legal Off/Gen Coun | G | — | — |
| 2026-04-01 | Adam K Peterson | — | M | +9,544 | — |
| 2026-03-13 | William J Munn | Secy/Chief Legal Off/Gen Coun | MIXED | +4,404 | −$159.25K |
| 2026-03-12 | Jeffrey R Noordhoek | Chief Executive Officer | MIXED | +5,105 | −$317.84K |
| 2026-03-12 | DeeAnn Wenger | Pres, Nelnet Business Services | MIXED | +4,650 | −$168.75K |
| 2026-03-12 | Matthew W Dunlap | President, NFS | MIXED | +3,667 | −$12.73K |
| 2026-03-12 | James D Kruger | Chief Financial Officer | MIXED | +10,873 | −$702.90K |
| 2026-03-12 | Emily Olinger | Chief People Services Officer | MIXED | +3,320 | −$88.76K |
| 2026-03-12 | Terry J Heimes | Chief Operating Officer | MIXED | +8,745 | −$698.13K |
| 2026-03-12 | Timothy Tewes | President | MIXED | +10,876 | −$702.51K |
| 2025-12-11 | Jona M Van Deun | Director | Sell | −400 | −$51.58K |
| 2025-12-03 | Matthew W Dunlap | President, NFS | G | +63,126 | — |
| 2025-12-03 | Michael S Dunlap | Executive Chairman of Board | G | −63,126 | — |
| 2025-12-03 | Michael S Dunlap | Executive Chairman of Board | — | — | — |
| 2025-11-21 | Michael S Dunlap | Executive Chairman of Board | — | — | — |
| 2025-11-21 | Michael S Dunlap | Executive Chairman of Board | G | −35,000 | — |
| 2025-09-08 | Thomas Edward Henning | Director | Sell | −8,196 | −$1.06M |
| 2025-08-27 | Shelby J Butterfield | — | MIXED | −41,929 | −$5.00M |
| 2025-08-20 | Angie Muhleisen | 10%+ Owner | G | −11,699 | — |
| 2025-07-30 | Matthew W Dunlap | President, NFS | G | +8,059 | — |
| 2025-07-30 | Shelby J Butterfield | 10%+ Owner | G | −11,055 | — |
| 2025-07-30 | Angie Muhleisen | 10%+ Owner | MIXED | — | — |
| 2025-07-30 | Michael S Dunlap | Executive Chairman of Board | G | −8,059 | — |
| 2025-07-30 | Michael S Dunlap | Executive Chairman of Board | — | — | — |
| 2025-07-21 | Angie Muhleisen | 10%+ Owner | G | −41,250 | — |
| 2025-06-18 | David S Graff | Director | A | +1,779 | +$170.04K |
| 2025-06-18 | Kimberly Kay Rath | Director | A | +1,779 deriv. | — |
| 2025-06-18 | Preeta D Bansal | Director | A | +1,884 | +$180.07K |
| 2025-06-18 | Kathleen Anne Farrell | Director | A | +1,884 | +$180.07K |
| 2025-06-18 | Jona M Van Deun | Director | A | +471 | +$45.02K |
| 2025-06-18 | Thomas Edward Henning | Director | A | — | — |
| 2025-06-18 | MAGNOLIA GROUP, LLC | — | A | +1,884 deriv. | — |
| 2025-06-11 | Matthew W Dunlap | President, NFS | F | −15 | −$1.73K |
| 2025-06-10 | MAGNOLIA GROUP, LLC | — | J | −231,024 | — |
| Insider | Role | Shares Held | Value |
|---|---|---|---|
| Angie Muhleisen | 10%+ Owner | 2,263,663 | $288.62M |
| Adam K Peterson | — | 1,678,520 | $214.01M |
| MAGNOLIA CAPITAL FUND, LP | — | 1,678,520 | $214.01M |
| MAGNOLIA GROUP, LLC | — | 1,676,487 | $213.75M |
| Michael S Dunlap | Executive Chairman of Board | 700,114 | $89.26M |
| Jeffrey R Noordhoek | Chief Executive Officer | 236,045 | $30.10M |
| Matthew W Dunlap | President, NFS | 226,197 | $28.84M |
| Terry J Heimes | Chief Operating Officer | 164,474 | $20.97M |
| Timothy Tewes | President | 94,048 | $11.99M |
| James D Kruger | Chief Financial Officer | 85,009 | $10.84M |
| Shelby J Butterfield | 10%+ Owner | 46,563 | $5.94M |
| David S Graff | Director | 31,953 | $4.07M |
| DeeAnn Wenger | Pres, Nelnet Business Services | 26,047 | $3.32M |
| Kathleen Anne Farrell | Director | 22,755 | $2.90M |
| Preeta D Bansal | Director | 20,243 | $2.58M |
| William J Munn | Secy/Chief Legal Off/Gen Coun | 19,027 | $2.43M |
| Thomas Edward Henning | Director | 11,071 | $1.41M |
| Emily Olinger | Chief People Services Officer | 6,636 | $846.09K |
| Jona M Van Deun | Director | 1,111 | $141.65K |
| Angie J Klein | Director | 1,108 | $141.27K |
| Edward Sysel Pallesen | Director | 1,046 | $133.37K |
Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.
Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.
Full filing history and per-insider positions are on the NNI quote page; the site-wide leaderboard is on the insider transactions hub.
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.