---
schema_version: "secwatch.filing_event.v1"
accession: "0001258602-26-000045"
form_type: "8-K"
ticker: "NNI"
cik: "0001258602"
company_name: "NELNET INC"
filed_at: "2026-09-16T20:16:55+00:00"
generated_at: "2026-09-16T20:18:07.191636+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Nelnet expands board to 10 with new independent directors Klein and Pallesen

## Summary
- Board size increased from 8 to 10; Angela Klein appointed Class III (term to 2029) and Edward Pallesen Class II (term to 2028).
- Klein is head of U.S. consumer channels at Apple; ex-Verizon (nearly 25 yrs) including president of Verizon Value.
- Pallesen is managing director and global head of infrastructure at H.I.G. Capital; also ex-Goldman Sachs.
- Klein joins Nominating/Governance, People/Comp, Compliance; Pallesen joins Nominating/Governance and Risk/Finance.
- Pro rata director retainers of ~$141,000 (Klein) and ~$133,000 (Pallesen) payable in Class A common stock.

## SEC filing metadata
- accession: 0001258602-26-000045
- form_type: 8-K
- ticker: NNI
- cik: 0001258602
- company_name: NELNET INC
- filed_at: 2026-09-16T20:16:55+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000045/0001258602-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000045/nni-20260915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001258602-26-000045
- JSON: https://secwatch.observer/filing/0001258602-26-000045.json
- Plain text: https://secwatch.observer/filing/0001258602-26-000045.txt

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