MUHLEISEN ANGIE reported 14 transactions at NELNET INC

Review the transaction codes below to understand the nature of each event.

MUHLEISEN ANGIE

Filed: 7/30/2025ACC: 0001008886-25-000228

InsiderMUHLEISEN ANGIECIK 1269812

→

IssuerNELNET INCCIK 1258602

10% Owner

Since Aug 2018

0.00

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

1.33M acquired · 1.33M disposed

Non-Derivative Transactions14

Class A Common Stock

Indirect

W · W

−1.23M

Price / share

—

Trade value

—

% of position

New position

7/28/2025

1.23M→0.00

Class A Common Stock

Direct

W · W

+1.23M

Price / share

—

Trade value

—

% of position

126.6%

7/28/2025

972.20K→2.20M

Class A Common Stock

Indirect

G · Gift

−28.04K

Price / share

—

Trade value

—

% of position

New position

7/28/2025

28.04K→0.00

Class A Common Stock

Indirect

G · Gift

+14.02K

Price / share

—

Trade value

—

% of position

56.9%

7/28/2025

24.63K→38.65K

Class A Common Stock

Indirect

G · Gift

+14.02K

Price / share

—

Trade value

—

% of position

56.9%

7/28/2025

24.63K→38.65K

Class A Common Stock

Indirect

G · Gift

−29.38K

Price / share

—

Trade value

—

% of position

New position

7/28/2025

29.38K→0.00

Class A Common Stock

Indirect

G · Gift

+14.69K

Price / share

—

Trade value

—

% of position

38.0%

7/28/2025

38.65K→53.34K

Class A Common Stock

Indirect

G · Gift

+14.69K

Price / share

—

Trade value

—

% of position

38.0%

7/28/2025

38.65K→53.34K

Class A Common Stock

Indirect

G · Gift

−18.69K

Price / share

—

Trade value

—

% of position

New position

7/28/2025

18.69K→0.00

Class A Common Stock

Indirect

G · Gift

+9.35K

Price / share

—

Trade value

—

% of position

17.5%

7/28/2025

53.34K→62.69K

Class A Common Stock

Indirect

G · Gift

+9.35K

Price / share

—

Trade value

—

% of position

17.5%

7/28/2025

53.34K→62.69K

Class A Common Stock

Indirect

G · Gift

−19.59K

Price / share

—

Trade value

—

% of position

New position

7/28/2025

19.59K→0.00

Class A Common Stock

Indirect

G · Gift

+9.79K

Price / share

—

Trade value

—

% of position

15.6%

7/28/2025

62.69K→72.48K

Class A Common Stock

Indirect

G · Gift

+9.80K

Price / share

—

Trade value

—

% of position

15.6%

7/28/2025

62.69K→72.48K

Total

Net shares

+0.00

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Indirect	7/28/2025	W · W	−1.23M	—	—	New position	1.23M	0.00
Class A Common Stock Direct	7/28/2025	W · W	+1.23M	—	—	126.6%	972.20K	2.20M
Class A Common Stock Indirect	7/28/2025	G · Gift	−28.04K	—	—	New position	28.04K	0.00
Class A Common Stock Indirect	7/28/2025	G · Gift	+14.02K	—	—	56.9%	24.63K	38.65K
Class A Common Stock Indirect	7/28/2025	G · Gift	+14.02K	—	—	56.9%	24.63K	38.65K
Class A Common Stock Indirect	7/28/2025	G · Gift	−29.38K	—	—	New position	29.38K	0.00
Class A Common Stock Indirect	7/28/2025	G · Gift	+14.69K	—	—	38.0%	38.65K	53.34K
Class A Common Stock Indirect	7/28/2025	G · Gift	+14.69K	—	—	38.0%	38.65K	53.34K
Class A Common Stock Indirect	7/28/2025	G · Gift	−18.69K	—	—	New position	18.69K	0.00
Class A Common Stock Indirect	7/28/2025	G · Gift	+9.35K	—	—	17.5%	53.34K	62.69K
Class A Common Stock Indirect	7/28/2025	G · Gift	+9.35K	—	—	17.5%	53.34K	62.69K
Class A Common Stock Indirect	7/28/2025	G · Gift	−19.59K	—	—	New position	19.59K	0.00
Class A Common Stock Indirect	7/28/2025	G · Gift	+9.79K	—	—	15.6%	62.69K	72.48K
Class A Common Stock Indirect	7/28/2025	G · Gift	+9.80K	—	—	15.6%	62.69K	72.48K
Total			+0.00		$0.00

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)12

Class A Common Stock

Indirect

Shares owned276K

Class A Common Stock

Indirect

Shares owned32.98K

Class A Common Stock

Indirect

Shares owned35.26K

Class A Common Stock

Indirect

Shares owned30.05K

Class A Common Stock

Indirect

Shares owned39.35K

Class A Common Stock

Indirect

Shares owned10K

Class A Common Stock

Indirect

Shares owned10K

Class A Common Stock

Indirect

Shares owned37.42K

Class A Common Stock

Indirect

Shares owned276K

Class A Common Stock

Indirect

Shares owned44.83K

Class A Common Stock

Indirect

Shares owned26.81K

Class A Common Stock

Indirect

Shares owned33.83K

Total

852.53K indirect852.53K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	276K	Indirect
Class A Common Stock	32.98K	Indirect
Class A Common Stock	35.26K	Indirect
Class A Common Stock	30.05K	Indirect
Class A Common Stock	39.35K	Indirect
Class A Common Stock	10K	Indirect
Class A Common Stock	10K	Indirect
Class A Common Stock	37.42K	Indirect
Class A Common Stock	276K	Indirect
Class A Common Stock	44.83K	Indirect
Class A Common Stock	26.81K	Indirect
Class A Common Stock	33.83K	Indirect
Total	852.53K	852.53K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported