{"schema_version":"secwatch.filing_event.v1","accession":"0001258602-25-000034","form_type":"8-K","ticker":"NNI","cik":"0001258602","company_name":"NELNET INC","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.765412+00:00","generated_at":"2026-05-22T03:20:08.654268+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nelnet Q1 GAAP net income $82.6M ($2.26/sh); announces ALLO redemption for ~$410M, new buyback","bullets":["GAAP net income of $82.6M ($2.26 EPS) vs $73.4M ($1.98) YoY; adjusted net income $87.4M ($2.39 EPS).","AGM net interest income $52.9M (up from $40.6M); acquired $832.6M loans incl. $702.8M FFELP.","Loan Servicing revenue $120.7M; private servicing up to $22.7M from $12.6M on Discover/SoFi conversions.","ALLO to redeem interests for ~$410M cash; Nelnet expects $175M pre-tax gain, ownership decreases to ~26%.","Board authorized new 3-yr buyback up to 5M shares; Q2 dividend $0.28/sh payable June 16, 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001258602-25-000034","json":"https://secwatch.observer/filing/0001258602-25-000034.json","markdown":"https://secwatch.observer/filing/0001258602-25-000034.md","text":"https://secwatch.observer/filing/0001258602-25-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1258602/000125860225000034/0001258602-25-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1258602/000125860225000034/nni-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T03:20:08.654268+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}