Nelnet, Inc. Files 8-K: Shareholder Votes & Financials
Ticker: NNI · Form: 8-K · Filed: May 21, 2024 · CIK: 1258602
| Field | Detail |
|---|---|
| Company | Nelnet Inc (NNI) |
| Form Type | 8-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-actions, financials, sec-filing
TL;DR
Nelnet filed an 8-K on May 16th covering shareholder votes and financials.
AI Summary
On May 16, 2024, Nelnet, Inc. filed an 8-K report detailing a submission of matters to a vote of security holders and financial statements. The filing includes information related to their corporate structure and financial reporting, with the company incorporated in Nebraska and headquartered in Lincoln.
Why It Matters
This filing provides transparency to investors regarding important corporate actions and financial health, influencing investment decisions.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and financial information, not indicating any immediate operational or financial distress.
Key Numbers
- 001-31924 — SEC File Number (Identifies Nelnet's filings with the SEC.)
- 84-0748903 — IRS Employer Identification No. (Tax identification number for Nelnet.)
Key Players & Entities
- Nelnet, Inc. (company) — Registrant
- May 16, 2024 (date) — Date of earliest event reported
- Nebraska (jurisdiction) — State of incorporation
- Lincoln, Nebraska (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.
What is the primary business of Nelnet, Inc.?
Nelnet, Inc. is classified under 'PERSONAL CREDIT INSTITUTIONS [6141]' according to its SIC code.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated May 16, 2024.
Where are Nelnet, Inc.'s principal executive offices located?
Nelnet, Inc.'s principal executive offices are located at 121 South 13th Street, Suite 100, Lincoln, Nebraska 68508.
What is the fiscal year end for Nelnet, Inc.?
Nelnet, Inc.'s fiscal year ends on December 31st.
Filing Stats: 665 words · 3 min read · ~2 pages · Grade level 10 · Accepted 2024-05-21 16:06:52
Key Financial Figures
- $0.01 — stered Class A Common Stock, Par Value $0.01 per Share NNI New York Stock Exchange
Filing Documents
- nni-20240516.htm (8-K) — 40KB
- exhibit101restrictedstockp.htm (EX-10.1) — 45KB
- nni-20240516_g1.jpg (GRAPHIC) — 32KB
- 0001258602-24-000041.txt ( ) — 301KB
- nni-20240516.xsd (EX-101.SCH) — 2KB
- nni-20240516_lab.xml (EX-101.LAB) — 21KB
- nni-20240516_pre.xml (EX-101.PRE) — 12KB
- nni-20240516_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. Nelnet, Inc. (the "Company") held its 2024 annual meeting of shareholders on May 16, 2024. At the meeting, the following proposals were submitted to a vote of our shareholders, with the voting results indicated below: Proposal 1: Election of Directors. Our shareholders elected the following three Class I directors to hold office until the 2027 annual meeting of shareholders and until their successors have been duly elected or appointed. For Against Abstain Broker Non-Votes Preeta D. Bansal 127,440,567 161,831 600,920 1,228,344 Michael S. Dunlap 124,582,343 3,614,064 6,911 1,228,344 Jona M. Van Deun 123,435,352 4,166,610 601,356 1,228,344 Proposal 2: Ratification of the appointment of KPMG LLP. Our shareholders ratified the appointment of KPMG LLP as our independent registered public accounting firm for the year ending December 31, 2024. For Against Abstain Broker Non-Votes 129,298,496 96,570 36,596 — Proposal 3: Advisory vote on executive compensation. Our shareholders approved, by an advisory vote, the compensation of our named executive officers as disclosed in the proxy statement for the annual meeting. For Against Abstain Broker Non-Votes 127,827,846 328,323 47,149 1,228,344 Proposal 4: Approval of an amended and restated Restricted Stock Plan. Our shareholders approved amendments to and a restatement of the Restricted Stock Plan (the "Plan") to (i) increase the number of shares of the Company's Class A common stock that may be issued under the Plan from a total of 4,000,000 shares to a total of 6,000,000 shares, (ii) remove the term of the Plan, and (iii) make certain other technical and administrative amendments to the Plan. For Against Abstain Broker Non-Votes 125,737,674 182,701 2,282,943 1,228,344
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The following exhibits are filed as part of this report: Exhibit No. Description 10.1 Nelnet, Inc. Restricted Stock Plan, as amended and restated through May 16, 2024 104 Cover Page Interactive Data File (formatted as Inline XBRL and included as Exhibit 101).
SIGNATURES
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 hereunto duly authorized. NELNET, INC. Date: May 21, 2024 By: /s/ JAMES D. KRUGER Name: James D. Kruger Title: Chief Financial Officer