---
schema_version: "secwatch.filing_event.v1"
accession: "0001258602-26-000035"
form_type: "8-K"
ticker: "NNI"
cik: "0001258602"
company_name: "NELNET INC"
filed_at: "2026-05-18T20:12:46+00:00"
generated_at: "2026-05-18T20:14:46.898866+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Nelnet shareholders approve all four proposals at 2026 annual meeting

## Summary
- All three Class III director nominees elected with over 119M shares For each.
- Ratification of KPMG as auditor approved with 125.3M For, 79K Against.
- Amendments to Directors Stock Compensation Plan approved to include Nelnet Bank directors.
- Advisory vote on executive compensation passed with 123.5M For.

## SEC filing metadata
- accession: 0001258602-26-000035
- form_type: 8-K
- ticker: NNI
- cik: 0001258602
- company_name: NELNET INC
- filed_at: 2026-05-18T20:12:46+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000035/0001258602-26-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000035/nni-20260514.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001258602-26-000035
- JSON: https://secwatch.observer/filing/0001258602-26-000035.json
- Plain text: https://secwatch.observer/filing/0001258602-26-000035.txt

## Key facts
- Shareholder Votes
  NELNET INC shareholders approved Approval of amendments to the Directors Stock Compensation Plan to allow directors of Nelnet Bank Inc. to participate at the 2026-05-14 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal 3: Approval of amendments to the Directors Stock Compensation Plan. Our shareholders approved amendments to the Directors Stock Compensation Plan to allow directors of Nelnet Bank Inc. and it successors to participate in the plan. For Against Abstain Broker Non-Votes 123,605,335 67,904 29,318 1,665,285
  evidence_url: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000035/0001258602-26-000035-index.htm
- Shareholder Votes
  NELNET INC shareholders approved Ratification of the appointment of KPMG LLP as independent registered public accounting firm at the 2026-05-14 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: 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, 2026. For Against Abstain Broker Non-Votes 125,269,425 79,209 19,208 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000035/0001258602-26-000035-index.htm
- Shareholder Votes
  NELNET INC shareholders approved Advisory vote on executive compensation at the 2026-05-14 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal 4: 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 123,485,112 184,566 32,879 1,665,285
  evidence_url: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000035/0001258602-26-000035-index.htm
- Shareholder Votes
  NELNET INC shareholders approved Election of three Class III directors at the 2026-05-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-05-14
  source text: Proposal 1: Election of Directors. Our shareholders elected the following three Class III directors to hold office until the 2029 annual meeting of shareholders and until their successors have been duly elected or appointed. For Against Abstain Broker Non-Votes Kathleen A. Farrell 119,552,837 4,143,228 6,492 1,665,285 David S. Graff 123,079,587 615,710 7,260 1,665,285 Thomas E. Henning 123,276,581 418,684 7,292 1,665,285
  evidence_url: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000035/0001258602-26-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.