{"schema_version":"secwatch.filing_event.v1","accession":"0001258602-25-000043","form_type":"8-K","ticker":"NNI","cik":"0001258602","company_name":"NELNET INC","filed_at":"2025-06-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.765816+00:00","generated_at":"2026-05-19T23:40:22.902848+00:00","sec_items":["8.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nelnet receives $411M in ALLO unit redemption, records $175M pre-tax gain","bullets":["Cash proceeds of $411M from redeeming ALLO voting and all preferred membership interests.","Pre-tax gain of $175M recognized on the transaction.","Ownership of ALLO reduced from 45% to 27%; no preferred interests remain.","Remaining 27% voting interest carrying value is $0 under HLBV method.","Transaction closed June 4, 2025 per Membership Unit Redemption Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001258602-25-000043","json":"https://secwatch.observer/filing/0001258602-25-000043.json","markdown":"https://secwatch.observer/filing/0001258602-25-000043.md","text":"https://secwatch.observer/filing/0001258602-25-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1258602/000125860225000043/0001258602-25-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1258602/000125860225000043/nni-20250604.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T23:40:22.902848+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"}