NELNET INC 10-Q

ITEM 5. OTHER INFORMATION Rule 10b5-1 Trading Plans The following table describes contracts, instructions, or written plans for the purchase or sale of the Company's securities adopted by the Company's directors or executive officers during the second quarter of 2024, each of which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), referred to as Rule 10b5-1 trading plans. Name and Title Date of Adoption of Rule 10b5-1 Trading Plan Scheduled Expiration Date of Rule 10b5-1 Trading Plan (a) Aggregate Number of Securities to Be Purchased or Sold William J. Munn Corporate Secretary / Chief Governance Officer / General Counsel 5/16/2024 9/15/2024 (b) Gift transfer of 100 shares of Class A common stock Michael S. Dunlap Executive Chairman 5/29/2024 9/29/2024 Gift transfer of 35,000 shares of Class A common stock (a) A trading plan may also expire on such earlier date as all transactions under the trading plan are completed. (b) This trading plan was subsequently terminated on August 2, 2024, and no transfers were made pursuant to the plan. On March 5, 2024, Kathleen A. Farrell, Director, terminated a trading arrangement she had previously adopted with respect to the sale of securities of the Company's Class A common stock. Ms. Farrell's Rule 10b5-1 Trading Plan was adopted on June 16, 2023, had a term of one year, and provided for the sale of up to 1,000 shares of Class A common stock. As of the date of termination of this Rule 10b5-1 Trading Plan, Ms. Farrell had sold no shares of Class A common stock under its terms. Notice of this termination was inadvertently omitted from the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024. ITEM 6. EXHIBITS 10.1 Nelnet, Inc. Restricted Stock Plan, as amended and restated through May 16, 2024, filed as Exhibit 10.1 to the registrant's Current Report on Form 8-K filed on May 21, 2024 and incorporated herein by reference. 10.2*# Modification of Contract dated effective as of March 26, 2024 for Student Loan Servicing Contract between the United States Department of Education and Nelnet Servicing, LLC. 31.1* Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Chief Executive Officer Jeffrey R. Noordhoek. 31.2* Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 of Chief Financial Officer James D. Kruger. 32** Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. 101.INS* Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. 101.SCH* Inline XBRL Taxonomy Extension Schema Document. 101.CAL* Inline XBRL Taxonomy Extension Calculation Linkbase Document. 101.DEF* Inline XBRL Taxonomy Extension Definition Linkbase Document. 101.LAB* Inline XBRL Taxonomy Extension Label Linkbase Document. 101.PRE* Inline XBRL Taxonomy Extension Presentation Linkbase Document. 104* Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). * Filed herewith ** Furnished herewith # Provided herewith for purposes of providing a complete set of all modifications to the Student Loan Servicing Contract between the United States Department of Education and Nelnet Servicing, LLC. 77 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 thereunto duly authorized. NELNET, INC. Date: August 8, 2024 By: /s/ JEFFREY R. NOORDHOEK Name: Jeffrey R. Noordhoek Title: Chief Executive Officer Principal Executive Officer Date: August 8, 2024 By: /s/ JAMES D. KRUGER Name: James D. Kruger Title: Chief Financial Officer Principal Financial Officer and Principal Accounting Officer 78