Nelnet, Inc. (NNI)
Lincoln, NE, US
Nelnet, Inc. operates globally, encompassing a variety of businesses including loan management, telecommunications, educational technology, related services, and payment processing solutions. Its Loan Servicing and Systems division offers comprehensive support for loan operations. This includes converting and processing loan applications, managing borrower data, providing customer service, handling payments, executing due diligence, reconciling funds, and processing claims. The segment also develops specialized software for student loan servicing and delivers business process outsourcing, with a focus on contact center management through inbound calls, outreach campaigns, sales, and multi-channel customer engagement. The Education Technology, Services, and Payment Processing segment provides an extensive array of solutions. These span financial management services, school information system software, website design, and cost-effective admissions software. It also operates FACTS Giving, a dedicated donation platform, alongside tailored professional development, coaching, and educational instruction services, as well as technological tools for teacher and student assessments. This segment facilitates tuition payment plans and offers end-to-end technology and services for student billing, payments, and refunds. Furthermore, it supports on-campus payment options (in-person, online, mobile) and general payment processing via credit card and electronic transfers. Additional offerings include services and technologies for faith community engagement, giving management, and learning management. A core offering is an integrated commerce payment platform, combined with financial management and tuition payment plan services, alongside a robust K-12 school management platform that handles administrative, informational, financial, and communication functions. The Communications unit supplies fiber optic services for internet, television, and telephone to both residential and business clients. Through its Asset Generation and Management segment, Nelnet is engaged in the acquisition, oversight, and ownership of various loan assets. Finally, the Nelnet Bank segment manages and operates internet-based industrial banks. Nelnet, Inc. was established in 1978 and is headquartered in Lincoln, Nebraska.
Based on only 2 articles — low confidence
- Nelnet Campus Commerce Announces Partnership with Atrium Campus to Expand the Connected Campus Experience PRNewsWire
- New Strong Sell Stocks for July 9th Zacks Investment Research
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.26% | -7.58% | -8.27% | -5.73% | -6.30% | -8.09% | +5.09% | +29.66% | +64.09% | +236.64% | +460.55% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 1 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
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Revenue growth Financial - Credit Services: +13.2%+22.6% ★ Q1'26: +12.7% (vs Q1'25)
-
EPS growth Financial - Credit Services: +24.0%+130.7% ★ Q1'26: -12.8% (vs Q1'25)
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FCF margin FCF growth · Financial - Credit Services: +70.9%+22.8% Q1'26: +11.7% (vs Q1'25)
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EBIT margin Financial - Credit Services: +28.7%+45.2% ★ Q1'26: +35.3% (vs Q1'25)
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ROIC Financial - Credit Services: +5.0%+7.5% ★ Q1'26: +4.9% (vs Q1'25)
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Share dilution Financial - Credit Services: +0.0%-0.9% ★ Q1'26: -1.1% (vs Q1'25)
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Debt / EBITDA Net debt/EBITDA · Financial - Credit Services: 4.07×7.37× Q1'26: 9.90× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
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Dec 2006 actual |
Dec 2007 actual |
Dec 2011 actual |
Dec 2012 actual |
Dec 2013 actual |
Dec 2014 actual |
Dec 2015 actual |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1.13B
est: 673.37M (+68.3%)
|
1.75B
est: 1.41B (+24.2%)
|
2.02B
est: 1.83B (+10.8%)
|
892.44M
est: 869.97M (+2.6%)
|
919.76M
est: 785.38M (+17.1%)
|
1.06B
est: 968.04M (+9.0%)
|
1.11B
est: 1.11B (-0.1%)
|
1.11B
est: 880.96M (+26.1%)
|
1.19B
est: 788.40M (+51.4%)
|
1.18B
est: 762.00M (+54.6%)
|
1.68B
est: 1.07B (+56.7%)
|
1.68B
est: 1.15B (+45.5%)
|
1.37B
est: 1.38B (-0.3%)
|
1.42B
est: 1.27B (+11.2%)
|
1.82B
est: 1.56B (+16.5%)
|
1.81B
est: 1.30B (+39.9%)
|
1.85B
est: 1.36B (+36.3%)
|
2.26B
est: 1.50B (+51.0%)
|
1.69B
1.69B – 1.69B
+12.7% YoY
|
1.79B
1.79B – 1.79B
+6.1% YoY
|
| EBITDA |
384.37M
est: 216.42M (+77.6%)
|
269.58M
est: 453.14M (-40.5%)
|
318.53M
est: 1.57B (-79.7%)
|
425.26M
est: 554.76M (-23.3%)
|
391.29M
est: 583.71M (-33.0%)
|
545.02M
est: 678.01M (-19.6%)
|
577.49M
est: 816.08M (-29.2%)
|
544.38M
est: 870.24M (-37.4%)
|
521.36M
est: 253.40M (+105.8%)
|
364.51M
est: 244.91M (+48.8%)
|
470.98M
est: 991.91M (-52.5%)
|
369.41M
est: 1.06B (-65.1%)
|
648.96M
est: 1.14B (-42.9%)
|
634.43M
est: 409.63M (+54.9%)
|
678.09M
est: 932.74M (-27.3%)
|
214.11M
est: 1.03B (-79.1%)
|
361.11M
est: 433.92M (-16.8%)
|
1.06B
est: 480.07M (+120.1%)
|
541.10M
541.10M – 541.10M
+12.7% YoY
|
574.34M
574.34M – 574.34M
+6.1% YoY
|
| EBIT |
279.26M
est: 169.72M (+64.5%)
|
102.40M
est: 119.76M (-14.5%)
|
57.15M
est: 38.68M (+47.7%)
|
321.79M
est: 202.94M (+58.6%)
|
274.51M
est: 186.55M (+47.1%)
|
465.53M
est: 405.36M (+14.8%)
|
469.52M
est: 317.22M (+48.0%)
|
420.64M
est: 432.21M (-2.7%)
|
398.81M
est: 386.57M (+3.2%)
|
226.68M
est: 224.20M (+1.1%)
|
286.29M
est: 240.17M (+19.2%)
|
176.75M
est: 258.32M (-31.6%)
|
450.49M
est: 308.50M (+46.0%)
|
502.11M
est: 285.54M (+75.8%)
|
501.85M
est: 349.28M (+43.7%)
|
68.72M
est: 290.59M (-76.4%)
|
228.58M
est: 337.15M (-32.2%)
|
1.02B
est: 373.01M (+174.3%)
|
420.43M
420.43M – 420.43M
+12.7% YoY
|
446.26M
446.26M – 446.26M
+6.1% YoY
|
| Net Income |
178.07M
est: 181.81M (-2.1%)
|
65.92M
est: 76.65M (-14.0%)
|
32.85M
est: 30.92M (+6.2%)
|
204.34M
est: 181.34M (+12.7%)
|
178.00M
est: 157.98M (+12.7%)
|
302.67M
est: 263.58M (+14.8%)
|
307.61M
est: 295.73M (+4.0%)
|
267.98M
est: 275.32M (-2.7%)
|
256.75M
est: 248.94M (+3.1%)
|
173.17M
est: 166.56M (+4.0%)
|
227.91M
est: 196.65M (+15.9%)
|
141.80M
est: 140.34M (+1.0%)
|
352.44M
est: 236.53M (+49.0%)
|
393.29M
est: 334.64M (+17.5%)
|
406.90M
est: 408.38M (-0.4%)
|
89.83M
est: 449.22M (-80.0%)
|
184.05M
est: 164.21M (+12.1%)
|
428.47M
est: 252.27M (+69.8%)
|
312.43M
312.43M – 312.43M
+23.8% YoY
|
356.02M
356.02M – 356.02M
+14.0% YoY
|
| SGA |
156.61M
est: 188.86M (-17.1%)
|
253.87M
est: 312.00M (-18.6%)
|
254.02M
est: 263.34M (-3.5%)
|
177.95M
est: 169.47M (+5.0%)
|
192.83M
est: 185.05M (+4.2%)
|
196.17M
est: 173.35M (+13.2%)
|
228.08M
est: 218.95M (+4.2%)
|
247.91M
est: 255.29M (-2.9%)
|
255.92M
est: 254.01M (+0.8%)
|
301.89M
est: 290.26M (+4.0%)
|
436.18M
est: 378.59M (+15.2%)
|
463.50M
est: 466.19M (-0.6%)
|
501.83M
est: 817.97M (-38.6%)
|
507.13M
est: 439.83M (+15.3%)
|
589.73M
est: 561.98M (+4.9%)
|
608.32M
est: 618.18M (-1.6%)
|
632.18M
est: 368.53M (+71.5%)
|
—
est: 407.72M (-100.0%)
|
459.56M
459.56M – 459.56M
+12.7% YoY
|
487.79M
487.79M – 487.79M
+6.1% YoY
|
| EPS |
3.37
est: 2.40 (+40.4%)
|
1.27
est: 2.31 (-45.0%)
|
0.66
est: 1.43 (-53.8%)
|
4.24
est: 3.87 (+9.6%)
|
3.76
est: 3.93 (-4.3%)
|
6.50
est: 4.65 (+39.8%)
|
6.62
est: 5.64 (+17.4%)
|
5.89
est: 5.41 (+8.9%)
|
6.02
est: 4.94 (+21.8%)
|
4.14
est: 3.99 (+3.9%)
|
5.64
est: 5.00 (+12.8%)
|
3.54
est: 5.13 (-30.9%)
|
9.02
est: 8.70 (+3.7%)
|
10.20
est: 9.13 (+11.7%)
|
10.63
est: 6.74 (+57.8%)
|
2.39
est: 4.36 (-45.2%)
|
5.02
est: 4.52 (+11.1%)
|
11.58
est: 6.94 (+66.8%)
|
8.60
8.60 – 8.60
+23.8% YoY
|
9.80
9.80 – 9.80
+14.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-07 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-06 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-05 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-04 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-05-01 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-30 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-29 | B+ | 3/5 | 3/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-28 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-27 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-24 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-23 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-22 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-21 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-20 | B+ | 3/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 2/5 |
| 2026-04-17 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-16 | A- | 4/5 | 4/5 | 4/5 | 5/5 | 1/5 | 3/5 | 3/5 |
Owner Earnings
Ownership Overview
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BARCLAYS GLOBAL INVESTORS, NA. | 29.98M | 4.09% | 53.5K | — | 2.03M | 53.5K | BK | Pennsylvania | 2011-02-10 | ↗ |
| 2 | Muhleisen, Angie | 20.15M | 48.10% | 838.8K | 19.31M | 838.8K | 19.31M | IN | United States | 2006-02-14 | ↗ |
| 3 | Muhleisen, Angela L. | 9.18M | 22.80% | 2.61M | 6.57M | 2.61M | — | IN | United States | 2011-02-15 | ↗ |
| 4 | Union Bank and Trust Company/Trustee 47-0321480 | 5.91M | 14.70% | 30.0K | 5.88M | 30.0K | — | CO | Nebraska | 2011-02-14 | ↗ |
| 5 | Butterfield, Stephen F. | 3.95M | 9.20% | 2.04M | 1.91M | 2.04M | — | HC, IN | United States | 2011-02-14 | ↗ |
| 6 | Shelby J. Butterfield | 3.77M | 11.40% | 70.6K | 3.70M | 70.6K | 3.70M | IN | United States | 2020-04-08 | ↗ |
| 7 | (. | 2.46M | 8.42% | 2.41M | — | 2.46M | — | IA | Delaware | 2019-02-08 | ↗ |
| 8 | 30-0447847 | 2.08M | 7.60% | 2.05M | — | 2.08M | — | IA | Delaware Limited Partnership | 2022-02-08 | ↗ |
| 9 | Cedar Hill Capital Partners, LLC | 1.90M | 5.00% | — | 1.90M | — | — | OO | Delaware | 2008-01-07 | ↗ |
| 10 | Charles Cascarilla | 1.90M | 5.00% | — | 1.90M | — | — | HC, IN | United States | 2008-01-07 | ↗ |
| 11 | Emil Woods | 1.90M | 5.00% | — | 1.90M | — | — | HC, IN | United States | 2008-01-07 | ↗ |
| 12 | Adam K. Peterson | 1.90M | 7.01% | 1.90M | — | 1.90M | — | IN | UNITED STATES OF AMERICA | 2022-03-21 | ↗ |
| 13 | Magnolia Capital Fund, LP | 1.90M | 7.01% | 1.90M | — | 1.90M | — | PN | STATE OF DELAWARE, UNITED STATES OF AMERICA | 2022-03-21 | ↗ |
| 14 | The Magnolia Group, LLC | 1.90M | 7.01% | 1.90M | — | 1.90M | — | IA | STATE OF OMAHA, UNITED STATES OF AMERICA | 2022-03-21 | ↗ |
| 15 | S | 1.90M | 6.89% | — | 1.90M | — | — | IN | Delaware | 2021-11-17 | ↗ |
| 16 | The Vanguard Group - 23-1945930 | 1.73M | 6.28% | — | 16.7K | 1.70M | 31.6K | IA | Pennsylvania For | 2022-02-10 | ↗ |
| 17 | Cedar Hill Capital Partners Offshore, Ltd. | 979.1K | 2.60% | — | 979.1K | — | — | CO | Cayman Islands | 2008-01-07 | ↗ |
| 18 | Cedar Hill Capital Partners Onshore, LP | 923.9K | 2.40% | — | 923.9K | — | — | PN | Delaware | 2008-01-07 | ↗ |
| 19 | Cedar Hill Fund Management, LLC | 923.9K | 2.40% | — | 923.9K | — | — | OO | Delaware | 2008-01-07 | ↗ |
Institutional Activity (13F)
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | DIMENSIONAL FUND ADVISORS LP | 1.85M -37.7K (-2.0%) | 245.84M +9.3M (+3.9%) | 5.09% -0.080 pp | 0.05% +0.001 pp | USD40.89 +225.2% | 51 qtrs — |
| 2 | MAGNOLIA GROUP, LLC | 1.67M +— (+0.0%) | 221.91M +12.7M (+6.0%) | 4.60% +0.021 pp | 36.59% +3.413 pp | USD57.09 +132.9% | 34 qtrs — |
| 3 | VANGUARD GROUP INC | 1.32M -228.5K (-14.8%) | 175.18M -18.7M (-9.6%) | 3.63% -0.609 pp | 0.00% 0.000 pp | USD75.41 +76.3% | 84 qtrs — |
| 4 | FARMERS & MERCHANTS INVESTMENTS INC | 1.18M +1.0K (+0.1%) | 157.47M +9.1M (+6.1%) | 3.26% +0.018 pp | 4.35% +0.145 pp | USD44.29 +200.2% | 72 qtrs — |
| 5 | BLACKROCK, INC. | 925.1K -74.6K (-7.5%) | 123.00M -2.3M (-1.9%) | 2.55% -0.193 pp | 0.00% 0.000 pp | USD113.28 +17.4% | 6 qtrs — |
| 6 | GEODE CAPITAL MANAGEMENT, LLC | 314.8K -22.6K (-6.7%) | 41.87M -444.4K (-1.1%) | 0.87% -0.058 pp | 0.00% 0.000 pp | USD58.03 +129.1% | 78 qtrs — |
| 7 | STATE STREET CORP | 298.3K -25.4K (-7.8%) | 39.66M -923.2K (-2.3%) | 0.82% -0.066 pp | 0.00% 0.000 pp | USD51.29 +159.2% | 51 qtrs — |
| 8 | AMERICAN CENTURY COMPANIES INC | 264.3K +80.0K (+43.4%) | 35.14M +12.0M (+52.0%) | 0.73% +0.223 pp | 0.02% +0.006 pp | USD107.40 +23.8% | 25 qtrs — |
| 9 | GENERAL AMERICAN INVESTORS CO INC | 243.4K +— (+0.0%) | 32.36M +1.8M (+6.0%) | 0.67% +0.003 pp | 1.83% +0.057 pp | USD22.67 +486.5% | 76 qtrs — |
| 10 | EMPYREAN CAPITAL PARTNERS, LP | 231.0K +— (+0.0%) | 30.71M +1.8M (+6.0%) | 0.64% +0.003 pp | 1.07% -0.093 pp | USD125.38 +6.0% | 2 qtrs — |
| 11 | QVT FINANCIAL LP | 229.7K +— (+0.0%) | 30.54M +1.7M (+6.0%) | 0.63% +0.003 pp | 2.62% +0.586 pp | USD88.58 +50.1% | 18 qtrs — |
| 12 | BRAGG FINANCIAL ADVISORS, INC | 212.6K +6.6K (+3.2%) | 28.27M +2.4M (+9.5%) | 0.59% +0.021 pp | 0.92% +0.066 pp | USD123.55 +7.6% | 3 qtrs — |
| 13 | JPMORGAN CHASE & CO | 181.5K -3.5K (-1.9%) | 24.14M +936.4K (+4.0%) | 0.50% -0.007 pp | 0.00% +0.000 pp | USD95.91 +38.6% | 51 qtrs — |
| 14 | NORTHERN TRUST CORP | 160.8K -22.0K (-12.0%) | 21.38M -1.5M (-6.7%) | 0.44% -0.058 pp | 0.00% 0.000 pp | USD45.99 +189.1% | 51 qtrs — |
| 15 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 154.8K -12.7K (-7.6%) | 20.58M -422.0K (-2.0%) | 0.43% -0.033 pp | 0.00% 0.000 pp | USD50.93 +161.1% | 86 qtrs — |
| 16 | SYCALE ADVISORS (NY) LLC | 152.4K +5.1K (+3.4%) | 20.27M +1.8M (+9.7%) | 0.42% +0.016 pp | 6.30% +2.840 pp | USD94.48 +40.7% | 25 qtrs — |
| 17 | UBS GROUP AG | 132.4K -59.4K (-31.0%) | 17.60M -6.4M (-26.8%) | 0.36% -0.161 pp | 0.00% -0.001 pp | USD114.71 +15.9% | 45 qtrs — |
| 18 | BAR HARBOR WEALTH MANAGEMENT | 110.2K -371.0 (-0.3%) | 14.66M +789.0K (+5.7%) | 0.30% +0.000 pp | 0.85% +0.015 pp | USD86.51 +53.7% | 15 qtrs — |
| 19 | BANDERA PARTNERS LLC | 102.4K +— (+0.0%) | 13.62M +778.8K (+6.1%) | 0.28% +0.001 pp | 6.12% +0.493 pp | USD90.80 +46.4% | 11 qtrs — |
| 20 | QUBE RESEARCH & TECHNOLOGIES LTD | 76.8K -23.1K (-23.1%) | 10.21M -2.3M (-18.5%) | 0.21% -0.062 pp | 0.01% -0.003 pp | USD109.61 +21.3% | 16 qtrs — |
| 21 | BANK OF NEW YORK MELLON CORP | 75.2K -15.4K (-17.0%) | 9.99M -1.4M (-12.0%) | 0.21% -0.041 pp | 0.00% 0.000 pp | USD53.62 +148.0% | 66 qtrs — |
| 22 | JANE STREET GROUP, LLC | 69.7K +37.3K (+115.1%) | 9.27M +5.2M (+128.1%) | 0.19% +0.103 pp | 0.00% +0.001 pp | USD125.42 +6.0% | 10 qtrs — |
| 23 | MORGAN STANLEY | 66.8K -10.6K (-13.7%) | 8.88M -827.4K (-8.5%) | 0.18% -0.028 pp | 0.00% 0.000 pp | USD97.57 +36.3% | 51 qtrs — |
| 24 | LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE | 66.1K -34.8K (-34.5%) | 8.79M -3.9M (-30.5%) | 0.18% -0.095 pp | 2.62% +0.306 pp | USD93.69 +41.9% | 8 qtrs — |
| 25 | D. E. SHAW & CO., INC. | 66.0K +2.4K (+3.8%) | 8.78M +806.1K (+10.1%) | 0.18% +0.008 pp | 0.00% +0.000 pp | USD100.90 +31.8% | 56 qtrs — |
| 26 | GUARDIAN WEALTH MANAGEMENT, INC. | 49.2K -268.0 (-0.5%) | 6.55M +339.6K (+5.5%) | 0.14% 0.000 pp | 3.84% +0.178 pp | USD97.11 +36.9% | 17 qtrs — |
| 27 | PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO, LLC | 46.9K +46.9K (+100.0%) | 6.24M +6.2M (+100.0%) | 0.13% +0.129 pp | 0.67% +0.669 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 28 | CRAWFORD FUND MANAGEMENT, LLC | 46.1K +11.3K (+32.5%) | 6.13M +1.8M (+40.5%) | 0.13% +0.032 pp | 0.81% +0.109 pp | USD112.18 +18.5% | 9 qtrs — |
| 29 | GOLDMAN SACHS GROUP INC | 45.2K -8.6K (-16.0%) | 6.01M -738.4K (-10.9%) | 0.12% -0.023 pp | 0.00% 0.000 pp | USD99.57 +33.5% | 73 qtrs — |
| 30 | DENALI ADVISORS LLC | 44.6K +5.6K (+14.4%) | 5.93M +1.0M (+21.3%) | 0.12% +0.016 pp | 0.66% +0.106 pp | USD82.39 +61.4% | 51 qtrs — |
| 31 | BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC | 38.9K -1.1K (-2.8%) | 5.17M +156.6K (+3.1%) | 0.11% -0.003 pp | 0.03% +0.000 pp | USD30.68 +333.4% | 62 qtrs — |
| 32 | HIGHTOWER ADVISORS, LLC | 34.9K -1.8K (-5.0%) | 4.63M +34.2K (+0.7%) | 0.10% -0.005 pp | 0.01% 0.000 pp | USD88.95 +49.5% | 26 qtrs — |
| 33 | EDGESTREAM PARTNERS, L.P. | 34.3K +23.9K (+228.4%) | 4.56M +3.3M (+248.3%) | 0.09% +0.066 pp | 0.13% +0.090 pp | USD125.80 +5.7% | 6 qtrs — |
| 34 | LPL FINANCIAL LLC | 32.6K +606.0 (+1.9%) | 4.34M +323.4K (+8.1%) | 0.09% +0.002 pp | 0.00% +0.000 pp | USD96.08 +38.4% | 22 qtrs — |
| 35 | HRT FINANCIAL LP | 32.0K +18.6K (+138.6%) | 4.25M +2.6M (+153.2%) | 0.09% +0.051 pp | 0.01% +0.007 pp | USD129.03 +3.0% | 3 qtrs — |
| 36 | CITADEL ADVISORS LLC | 31.0K -19.0K (-38.0%) | 4.12M -2.1M (-34.3%) | 0.09% -0.052 pp | 0.00% 0.000 pp | USD114.80 +15.8% | 27 qtrs — |
| 37 | RENAISSANCE TECHNOLOGIES LLC | 30.2K +17.3K (+134.1%) | 4.02M +2.4M (+148.3%) | 0.08% +0.048 pp | 0.01% +0.004 pp | USD125.17 +6.2% | 12 qtrs — |
| 38 | SWISS NATIONAL BANK | 27.7K +300.0 (+1.1%) | 3.68M +247.6K (+7.2%) | 0.08% +0.001 pp | 0.00% +0.000 pp | USD47.77 +178.3% | 51 qtrs — |
| 39 | MARSHALL WACE, LLP | 27.5K -23.2K (-45.8%) | 3.65M -2.7M (-42.5%) | 0.08% -0.063 pp | 0.00% -0.003 pp | USD118.78 +11.9% | 9 qtrs — |
| 40 | UBS ASSET MANAGEMENT AMERICAS INC | 27.1K -361.0 (-1.3%) | 3.60M +159.8K (+4.6%) | 0.07% -0.001 pp | 0.00% +0.000 pp | USD87.09 +52.7% | 52 qtrs — |
| 41 | NUVEEN, LLC | 26.0K -2.1K (-7.6%) | 3.46M -69.9K (-2.0%) | 0.07% -0.006 pp | 0.00% +0.000 pp | USD110.93 +19.9% | 4 qtrs — |
| 42 | TWO SIGMA INVESTMENTS, LP | 25.6K +18.3K (+250.3%) | 3.40M +2.5M (+271.5%) | 0.07% +0.050 pp | 0.00% +0.003 pp | USD130.80 +1.7% | 2 qtrs — |
| 43 | MILLENNIUM MANAGEMENT LLC | 25.3K -2.7K (-9.8%) | 3.36M -152.1K (-4.3%) | 0.07% -0.007 pp | 0.00% 0.000 pp | USD124.98 +6.4% | 5 qtrs — |
| 44 | AQR CAPITAL MANAGEMENT LLC | 24.4K +4.3K (+21.2%) | 3.25M +720.9K (+28.5%) | 0.07% +0.012 pp | 0.00% +0.000 pp | USD116.19 +14.4% | 70 qtrs — |
| 45 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 24.2K +9.8K (+68.1%) | 3.22M +1.4M (+78.3%) | 0.07% +0.027 pp | 0.00% +0.000 pp | USD118.34 +12.4% | 14 qtrs — |
| 46 | D.A. DAVIDSON & CO. | 24.1K +961.0 (+4.2%) | 3.20M +302.8K (+10.5%) | 0.07% +0.003 pp | 0.02% +0.001 pp | USD80.95 +64.2% | 36 qtrs — |
| 47 | ALGERT GLOBAL LLC | 23.4K +— (+0.0%) | 3.12M +178.0K (+6.1%) | 0.06% +0.000 pp | 0.05% -0.001 pp | USD95.95 +38.6% | 9 qtrs — |
| 48 | TUDOR INVESTMENT CORP ET AL | 23.2K +8.6K (+59.3%) | 3.09M +1.3M (+69.0%) | 0.06% +0.024 pp | 0.01% +0.003 pp | USD120.67 +10.2% | 5 qtrs — |
| 49 | RHUMBLINE ADVISERS | 22.9K -4.8K (-17.3%) | 3.04M -424.5K (-12.3%) | 0.06% -0.013 pp | 0.00% 0.000 pp | USD55.75 +138.5% | 51 qtrs — |
| 50 | FIRST MANHATTAN CO. LLC. | 21.8K +21.8K (+100.0%) | 2.89M +2.9M (+100.0%) | 0.06% +0.060 pp | 0.01% +0.008 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 51 | Y-INTERCEPT (HONG KONG) LTD | 21.6K +21.6K (+100.0%) | 2.88M +2.9M (+100.0%) | 0.06% +0.060 pp | 0.06% +0.064 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 52 | JAMES INVESTMENT RESEARCH INC | 20.8K +— (+0.0%) | 2.76M +157.3K (+6.0%) | 0.06% +0.000 pp | 0.30% +0.017 pp | USD46.81 +184.0% | 51 qtrs — |
| 53 | MARTINGALE ASSET MANAGEMENT L P | 19.6K -5.1K (-20.7%) | 2.61M -493.7K (-15.9%) | 0.05% -0.014 pp | 0.07% -0.012 pp | USD115.07 +15.5% | 4 qtrs — |
| 54 | INVESCO LTD. | 19.5K -4.5K (-18.8%) | 2.60M -418.1K (-13.9%) | 0.05% -0.012 pp | 0.00% 0.000 pp | USD65.92 +101.7% | 57 qtrs — |
| 55 | BARCLAYS PLC | 17.6K -11.4K (-39.3%) | 2.34M -943.1K (-28.7%) | 0.05% -0.031 pp | 0.00% 0.000 pp | USD105.68 +25.8% | 51 qtrs — |
| 56 | PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 17.2K +— (+0.0%) | 2.29M +130.4K (+6.0%) | 0.05% +0.000 pp | 0.21% -0.015 pp | USD95.67 +39.0% | 8 qtrs — |
| 57 | FIRST TRUST ADVISORS LP | 17.2K +7.3K (+73.6%) | 2.28M +1.0M (+84.1%) | 0.05% +0.020 pp | 0.00% +0.001 pp | USD103.98 +27.9% | 39 qtrs — |
| 58 | NEW YORK STATE COMMON RETIREMENT FUND | 15.5K +1.1K (+7.6%) | 2.06M +255.5K (+14.1%) | 0.04% +0.003 pp | 0.00% +0.000 pp | USD68.03 +95.4% | 88 qtrs — |
| 59 | CAPTRUST FINANCIAL ADVISORS | 15.4K -915.0 (-5.6%) | 2.05M +2.2K (+0.1%) | 0.04% -0.002 pp | 0.00% 0.000 pp | USD85.82 +54.9% | 20 qtrs — |
| 60 | ALLIANCEBERNSTEIN L.P. | 15.2K -4.0K (-20.7%) | 2.02M -382.5K (-15.9%) | 0.04% -0.011 pp | 0.00% 0.000 pp | USD41.60 +219.6% | 61 qtrs — |
| 61 | CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | 15.0K -7.0K (-31.8%) | 2.00M -766.5K (-27.7%) | 0.04% -0.019 pp | 0.01% -0.004 pp | USD121.91 +9.1% | 6 qtrs — |
| 62 | SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | 14.4K +11.6K (+415.0%) | 1.91M +1.6M (+446.2%) | 0.04% +0.032 pp | 0.07% +0.052 pp | USD131.49 +1.1% | 2 qtrs — |
| 63 | LEGAL & GENERAL GROUP PLC | 14.1K -170.0 (-1.2%) | 1.88M +85.6K (+4.8%) | 0.04% 0.000 pp | 0.00% +0.000 pp | USD73.97 +79.7% | 46 qtrs — |
| 64 | ANCHOR CAPITAL ADVISORS LLC | 14.0K +1.0K (+7.7%) | 1.87M +232.3K (+14.2%) | 0.04% +0.003 pp | 0.05% +0.007 pp | USD90.07 +47.6% | 16 qtrs — |
| 65 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | 13.3K +257.0 (+2.0%) | 1.76M +132.7K (+8.1%) | 0.04% +0.001 pp | 0.00% +0.000 pp | USD39.67 +235.2% | 52 qtrs — |
| 66 | WELLS FARGO & COMPANY/MN | 13.2K +2.7K (+25.2%) | 1.75M +432.7K (+32.8%) | 0.04% +0.007 pp | 0.00% +0.000 pp | USD103.57 +28.4% | 57 qtrs — |
| 67 | CREATIVE PLANNING | 13.1K +2.3K (+21.4%) | 1.75M +390.2K (+28.7%) | 0.04% +0.007 pp | 0.00% +0.000 pp | USD110.89 +19.9% | 12 qtrs — |
| 68 | SEI INVESTMENTS CO | 13.0K -210.0 (-1.6%) | 1.73M +72.2K (+4.4%) | 0.04% 0.000 pp | 0.00% 0.000 pp | USD121.88 +9.1% | 4 qtrs — |
| 69 | QUEST PARTNERS LLC | 13.0K +12.6K (+3,175.3%) | 1.72M +1.7M (+3,373.3%) | 0.04% +0.035 pp | 0.10% +0.093 pp | USD132.58 +0.3% | 9 qtrs — |
| 70 | PILGRIM PARTNERS ASIA PTE LTD | 12.0K +— (+0.0%) | 1.60M +91.0K (+6.0%) | 0.03% +0.000 pp | 0.76% +0.092 pp | USD125.38 +6.0% | 2 qtrs — |
| 71 | SG AMERICAS SECURITIES, LLC | 12.0K +12.0K (+100.0%) | 1.59M +1.6M (+100.0%) | 0.03% +0.033 pp | 0.00% +0.002 pp | USD132.96 +0.0% | 28 qtrs — |
| 72 | BANK OF AMERICA CORP /DE/ | 11.9K -10.8K (-47.6%) | 1.58M -1.3M (-44.4%) | 0.03% -0.030 pp | 0.00% 0.000 pp | USD104.38 +27.4% | 52 qtrs — |
| 73 | POINT72 ASSET MANAGEMENT, L.P. | 11.8K +11.8K (+100.0%) | 1.57M +1.6M (+100.0%) | 0.03% +0.033 pp | 0.00% +0.002 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 74 | LAZARD ASSET MANAGEMENT LLC | 11.0K +11.0K (+100.0%) | 1.47M +1.5M (+100.0%) | 0.03% +0.030 pp | 0.00% +0.003 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 75 | FIELDVIEW CAPITAL MANAGEMENT, LLC | 10.5K +10.5K (+100.0%) | 1.40M +1.4M (+100.0%) | 0.03% +0.029 pp | 0.24% +0.238 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 76 | PRICE T ROWE ASSOCIATES INC /MD/ | 9.6K -1.9K (-16.2%) | 1.28M -160.0K (-11.1%) | 0.03% -0.005 pp | 0.00% +0.000 pp | USD101.14 +31.5% | 38 qtrs — |
| 77 | MILITIA CAPITAL PARTNERS, LP | 9.0K +9.0K (+100.0%) | 1.20M +1.2M (+100.0%) | 0.02% +0.025 pp | 0.44% +0.442 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 78 | VICTORY CAPITAL MANAGEMENT INC | 8.9K +7.1K (+378.3%) | 1.19M +953.1K (+407.2%) | 0.02% +0.020 pp | 0.00% +0.001 pp | USD124.42 +6.9% | 43 qtrs — |
| 79 | WEDGE CAPITAL MANAGEMENT L L P/NC | 8.7K +81.0 (+0.9%) | 1.16M +76.4K (+7.0%) | 0.02% +0.000 pp | 0.02% +0.003 pp | USD125.45 +6.0% | 2 qtrs — |
| 80 | DEUTSCHE BANK AG\ | 8.4K -2.6K (-23.5%) | 1.12M -260.8K (-18.9%) | 0.02% -0.007 pp | 0.00% 0.000 pp | USD111.96 +18.8% | 50 qtrs — |
| 81 | MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 7.9K -1.1K (-11.9%) | 1.05M -72.9K (-6.5%) | 0.02% -0.003 pp | 0.00% 0.000 pp | USD102.24 +30.0% | 7 qtrs — |
| 82 | NORTHCREST ASSET MANANGEMENT, LLC | 7.5K +49.0 (+0.7%) | 992.1K +31.0K (+3.2%) | 0.02% +0.000 pp | 0.02% -0.001 pp | USD115.23 +15.4% | 6 qtrs — |
| 83 | INTECH INVESTMENT MANAGEMENT LLC | 7.3K -861.0 (-10.5%) | 972.2K -52.5K (-5.1%) | 0.02% -0.002 pp | 0.01% -0.001 pp | USD109.01 +22.0% | 6 qtrs — |
| 84 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 7.1K -721.0 (-9.2%) | 948.7K -36.3K (-3.7%) | 0.02% -0.002 pp | 0.00% +0.000 pp | USD69.95 +90.1% | 51 qtrs — |
| 85 | QRG CAPITAL MANAGEMENT, INC. | 7.1K +497.0 (+7.6%) | 940.6K +115.9K (+14.1%) | 0.02% +0.002 pp | 0.01% +0.001 pp | USD102.17 +30.1% | 10 qtrs — |
| 86 | TEACHER RETIREMENT SYSTEM OF TEXAS | 6.9K -653.0 (-8.6%) | 922.7K -29.3K (-3.1%) | 0.02% -0.002 pp | 0.00% -0.001 pp | USD99.34 +33.8% | 18 qtrs — |
| 87 | ASSET VALUE INVESTORS LTD | 6.4K -1.9K (-23.1%) | 847.0K -191.2K (-18.4%) | 0.02% -0.005 pp | 0.72% -0.031 pp | USD106.81 +24.5% | 5 qtrs — |
| 88 | KLP KAPITALFORVALTNING AS | 6.2K +200.0 (+3.3%) | 824.4K +72.1K (+9.6%) | 0.02% +0.001 pp | 0.00% +0.000 pp | USD107.65 +23.5% | 5 qtrs — |
| 89 | METLIFE INVESTMENT MANAGEMENT, LLC | 6.2K -1.3K (-17.2%) | 822.4K -114.4K (-12.2%) | 0.02% -0.003 pp | 0.00% -0.001 pp | USD73.08 +81.9% | 33 qtrs — |
| 90 | JANUS HENDERSON GROUP PLC | 6.0K +— (+0.0%) | 798.4K +45.1K (+6.0%) | 0.02% +0.000 pp | 0.00% +0.000 pp | USD94.24 +41.1% | 17 qtrs — |
| 91 | INTEGRATED QUANTITATIVE INVESTMENTS LLC | 5.7K +4.0K (+243.5%) | 752.3K +545.8K (+264.3%) | 0.02% +0.011 pp | 0.16% +0.103 pp | USD130.75 +1.7% | 2 qtrs — |
| 92 | CITIGROUP INC | 5.5K -25.0 (-0.5%) | 725.6K +38.2K (+5.6%) | 0.02% +0.000 pp | 0.00% +0.000 pp | USD108.22 +22.9% | 54 qtrs — |
| 93 | BALYASNY ASSET MANAGEMENT L.P. | 5.4K -2.9K (-34.6%) | 719.4K -318.4K (-30.7%) | 0.01% -0.008 pp | 0.00% 0.000 pp | USD125.38 +6.0% | 2 qtrs — |
| 94 | HANDELSBANKEN FONDER AB | 5.2K +800.0 (+18.4%) | 685.0K +139.0K (+25.5%) | 0.01% +0.002 pp | 0.00% +0.000 pp | USD106.43 +24.9% | 23 qtrs — |
| 95 | ACADIAN ASSET MANAGEMENT LLC | 5.2K +704.0 (+15.8%) | 684.0K +127.0K (+22.8%) | 0.01% +0.002 pp | 0.00% +0.000 pp | USD117.77 +12.9% | 5 qtrs — |
| 96 | GSA CAPITAL PARTNERS LLP | 4.8K +4.8K (+100.0%) | 643.0K +643.0K (+100.0%) | 0.01% +0.013 pp | 0.06% +0.055 pp | USD132.96 +0.0% | 1 qtrs NEW |
| 97 | AVITY INVESTMENT MANAGEMENT INC. | 4.8K +— (+0.0%) | 638.7K +36.4K (+6.0%) | 0.01% +0.000 pp | 0.04% +0.003 pp | USD121.12 +9.8% | 3 qtrs — |
| 98 | SUSQUEHANNA PORTFOLIO STRATEGIES, LLC | 4.7K +— (+0.0%) | 622.8K +35.5K (+6.0%) | 0.01% +0.000 pp | 0.01% +0.000 pp | USD125.38 +6.0% | 2 qtrs — |
| 99 | RMR CAPITAL MANAGEMENT, LLC | 4.6K -150.0 (-3.1%) | 613.3K +16.2K (+2.7%) | 0.01% 0.000 pp | 0.44% +0.024 pp | USD106.12 +25.3% | 7 qtrs — |
| 100 | STATE OF WISCONSIN INVESTMENT BOARD | 4.5K -388.0 (-7.9%) | 599.1K -14.5K (-2.4%) | 0.01% -0.001 pp | 0.00% 0.000 pp | USD109.69 +21.2% | 7 qtrs — |
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | VictoryShares US Small Mid Cap Value Momentum ETF USVM | 0.49% | 8.45M | 0.29% |
| 2 | Harbor AlphaEdge Small Cap Earners ETF (EBIT) EBIT | 0.48% | 56.7K | 0.29% |
| 3 | State Street SPDR US Small Cap Low Volatility Index ETF SMLV | 0.47% | 1.19M | 0.12% |
| 4 | WisdomTree U.S. SmallCap Fund EES | 0.39% | 2.83M | 0.38% |
| 5 | Timothy Plan US Small Cap Core ETF TPSC | 0.36% | 1.17M | 0.52% |
| 6 | Global X - Millennial Consumer ETF MILN | 0.29% | 284.9K | 0.50% |
| 7 | First Trust Small Cap Core AlphaDEX Fund FYX | 0.26% | 3.47M | 0.58% |
| 8 | Motley Fool Next Index ETF TMFX | 0.22% | 69.4K | 0.50% |
| 9 | Dimensional - US Small Cap Value ETF DFSV | 0.22% | 17.45M | 0.30% |
| 10 | Inspire Small/Mid Cap ETF ISMD | 0.20% | 664.6K | 0.53% |
Insider Activity
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-04-30 | Kruger James D | Officer | G-Gift | D | Class A Common Stock | 5,000 | 0.00 | — | 5,000 | I | ↗ |
| 2026-04-15 | Munn William J | Officer | G-Gift | A | Class A Common Stock | 1,052 | 0.00 | — | 12,155 | I | ↗ |
| 2026-03-30 | Peterson Adam K | Other | M-Exempt | A | Class A Common Stock | 9,544 | 0.00 | — | 1,678,520 | D | ↗ |
| 2026-03-23 | Peterson Adam K | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2026-03-10 | Wenger DeeAnn | Officer | F-InKind | D | Class A Common Stock | 129 | 131.23 | 16.9K | 26,047 | D | ↗ |
| 2026-03-10 | Tewes Timothy | Officer | F-InKind | D | Class A Common Stock | 3,700 | 132.87 | 491.6K | 94,048 | D | ↗ |
| 2026-03-10 | Olinger Emily | Officer | F-InKind | D | Class A Common Stock | 50 | 131.23 | 6.6K | 4,378 | D | ↗ |
| 2026-03-10 | NOORDHOEK JEFFREY R | Officer | A-Award | A | Class A Common Stock | 7,527 | 0.00 | — | 109,583 | D | ↗ |
| 2026-03-10 | Munn William J | Officer | A-Award | A | Class A Common Stock | 2,597 | 0.00 | — | 8,687 | D | ↗ |
| 2026-03-10 | Kruger James D | Officer | A-Award | A | Class A Common Stock | 8,656 | 0.00 | — | 73,080 | D | ↗ |
| 2026-03-10 | HEIMES TERRY J | Officer | F-InKind | D | Class A Common Stock | 322 | 131.23 | 42.3K | 17,709 | D | ↗ |
| 2026-03-10 | Dunlap Matthew W | Director / Officer | A-Award | A | Class A Common Stock | 3,764 | 0.00 | — | 17,069 | D | ↗ |
| 2025-12-09 | Van Deun Jona M | Director | S-Sale | D | Class A Common Stock | 400 | 128.95 | 51.6K | 704 | D | ↗ |
| 2025-12-01 | Dunlap Matthew W | Director / Officer | G-Gift | A | Class B Common Stock | 63,126 | 0.00 | — | 226,197 | D | ↗ |
| 2025-12-01 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | A | Class B Common Stock | 88,697 | 0.00 | — | 153,880 | I | ↗ |
| 2025-11-19 | DUNLAP MICHAEL S | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2025-09-05 | HENNING THOMAS EDWARD | Director | S-Sale | D | Class A Common Stock | 5,094 | 128.87 | 656.5K | 11,058 | D | ↗ |
| 2025-08-25 | Butterfield Shelby J | 10% Owner | C-Conversion | A | Class A Common Stock | 41,929 | 0.00 | — | 42,439 | I | ↗ |
| 2025-08-18 | MUHLEISEN ANGIE | 10% Owner | G-Gift | D | Class A Common Stock | 11,699 | 0.00 | — | 2,191,180 | D | ↗ |
| 2025-07-28 | MUHLEISEN ANGIE | 10% Owner | G-Gift | A | Class A Common Stock | 9,795 | 0.00 | — | 72,482 | I | ↗ |
| 2025-07-28 | Dunlap Matthew W | Director / Officer | G-Gift | A | Class B Common Stock | 8,059 | 0.00 | — | 163,071 | D | ↗ |
| 2025-07-28 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | A | Class B Common Stock | 4,817 | 0.00 | — | 4,817 | I | ↗ |
| 2025-07-28 | Butterfield Shelby J | 10% Owner | G-Gift | A | Class B Common Stock | 3,685 | 0.00 | — | 3,685 | I | ↗ |
| 2025-07-17 | MUHLEISEN ANGIE | 10% Owner | G-Gift | D | Class A Common Stock | 41,250 | 0.00 | — | 972,199 | D | ↗ |
| 2025-06-16 | Van Deun Jona M | Director | A-Award | A | Class A Common Stock | 471 | 95.58 | 45.0K | 1,104 | D | ↗ |
| 2025-06-16 | Rath Kimberly Kay | Director | A-Award | A | Phantom Stock | 1,779 | 0.00 | — | 63,058 | D | ↗ |
| 2025-06-16 | Peterson Adam K | Director | A-Award | A | Phantom Stock | 1,884 | 0.00 | — | 1,678,448 | D | ↗ |
| 2025-06-16 | HENNING THOMAS EDWARD | Director | A-Award | A | Phantom Stock | 2,015 | 0.00 | — | 57,000 | D | ↗ |
| 2025-06-16 | Graff David S | Director | A-Award | A | Class A Common Stock | 1,779 | 95.58 | 170.0K | 30,325 | D | ↗ |
| 2025-06-16 | Farrell Kathleen Anne | Director | A-Award | A | Class A Common Stock | 1,884 | 95.58 | 180.1K | 20,944 | D | ↗ |
| 2025-06-16 | Bansal Preeta D | Director | A-Award | A | Class A Common Stock | 1,884 | 95.58 | 180.1K | 18,617 | D | ↗ |
| 2025-06-10 | Dunlap Matthew W | Director / Officer | F-InKind | D | Class A Common Stock | 15 | 115.07 | 1.7K | 13,319 | D | ↗ |
| 2025-06-09 | Peterson Adam K | Director | J-Other | D | Class A Common Stock, Par Value $0.01 per Share | 231,024 | 0.00 | — | 1,676,487 | D | ↗ |
| 2025-04-09 | Munn William J | Officer | G-Gift | A | Class A Common Stock | 1,749 | 0.00 | — | 11,103 | I | ↗ |
| 2025-03-10 | Wenger DeeAnn | Officer | A-Award | A | Class A Common Stock | 4,168 | 0.00 | — | 26,375 | D | ↗ |
| 2025-03-10 | Tewes Timothy | Officer | A-Award | A | Class A Common Stock | 2,293 | 0.00 | — | 83,074 | D | ↗ |
| 2025-03-10 | Olinger Emily | Officer | A-Award | A | Class A Common Stock | 834 | 0.00 | — | 4,473 | D | ↗ |
| 2025-03-10 | NOORDHOEK JEFFREY R | Officer | F-InKind | D | Class A Common Stock | 486 | 115.86 | 56.3K | 102,174 | D | ↗ |
| 2025-03-10 | Munn William J | Officer | F-InKind | D | Class A Common Stock | 141 | 115.86 | 16.3K | 4,826 | D | ↗ |
| 2025-03-10 | Kruger James D | Officer | F-InKind | D | Class A Common Stock | 488 | 115.86 | 56.5K | 54,253 | D | ↗ |
| 2025-03-10 | HEIMES TERRY J | Officer | F-InKind | D | Class A Common Stock | 486 | 115.86 | 56.3K | 19,522 | D | ↗ |
| 2025-03-10 | Dunlap Matthew W | Director / Officer | F-InKind | D | Class A Common Stock | 30 | 115.86 | 3.5K | 13,403 | D | ↗ |
| 2025-02-21 | NOORDHOEK JEFFREY R | Officer | G-Gift | D | Class A Common Stock | 11,284 | 0.00 | — | 0 | I | ↗ |
| 2024-12-31 | Butterfield Shelby J | 10% Owner | G-Gift | D | Class B Common Stock | 4,484 | 0.00 | — | 18,424 | I | ↗ |
| 2024-11-15 | Van Deun Jona M | Director | S-Sale | D | Class A Common Stock | 440 | 110.32 | 48.5K | 633 | D | ↗ |
| 2024-11-14 | Dunlap Matthew W | Director / Officer | G-Gift | A | Class B Common Stock | 154,912 | 0.00 | — | 155,012 | D | ↗ |
| 2024-11-14 | DUNLAP MICHAEL S | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2024-11-13 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 2,500 | 108.89 | 272.2K | 9,354 | I | ↗ |
| 2024-11-11 | Munn William J | Officer | G-Gift | D | Class A Common Stock | 100 | 0.00 | — | 11,854 | I | ↗ |
| 2024-09-13 | Tewes Timothy | Officer | F-InKind | D | Class A Common Stock | 293 | 108.09 | 31.7K | 81,115 | — | ↗ |
| 2024-09-13 | Munn William J | Officer | A-Award | A | Class A Common Stock | 674 | 0.00 | — | 5,165 | — | ↗ |
| 2024-08-29 | DUNLAP MICHAEL S | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2024-08-21 | Kruger James D | Officer | G-Gift | D | Class A Common Stock | 5,000 | 0.00 | — | 5,000 | — | ↗ |
| 2024-06-17 | Van Deun Jona M | Director | A-Award | A | Class A Common Stock | 542 | 83.14 | 45.1K | 1,073 | — | ↗ |
| 2024-06-17 | Rath Kimberly Kay | Director | A-Award | A | Phantom Stock | 2,045 | 0.00 | — | 60,669 | — | ↗ |
| 2024-06-17 | Peterson Adam K | Director | A-Award | A | Phantom Stock | 2,166 | 0.00 | — | 1,907,511 | — | ↗ |
| 2024-06-17 | HENNING THOMAS EDWARD | Director | A-Award | A | Phantom Stock | 2,316 | 0.00 | — | 54,439 | — | ↗ |
| 2024-06-17 | Graff David S | Director | A-Award | A | Class A Common Stock | 2,045 | 83.14 | 170.0K | 28,546 | — | ↗ |
| 2024-06-17 | Farrell Kathleen Anne | Director | A-Award | A | Class A Common Stock | 2,166 | 83.14 | 180.1K | 19,060 | — | ↗ |
| 2024-06-17 | Bansal Preeta D | Director | A-Award | A | Class A Common Stock | 2,166 | 83.14 | 180.1K | 16,733 | — | ↗ |
| 2024-06-10 | Dunlap Matthew W | Director / Officer | F-InKind | D | Class A Common Stock | 15 | 100.09 | 1.5K | 13,348 | — | ↗ |
| 2024-06-06 | Farrell Kathleen Anne | Director | S-Sale | D | Class A Common Stock | 1,700 | 101.73 | 172.9K | 16,894 | — | ↗ |
| 2024-05-16 | Wenger DeeAnn | Officer | — | D | Class A Common Stock | 0 | 0.00 | — | 22,745 | — | ↗ |
| 2024-05-16 | Olinger Emily | Officer | — | D | Class A Common Stock | 0 | 0.00 | — | 3,750 | — | ↗ |
| 2024-05-09 | Butterfield Shelby J | 10% Owner | — | I | Class B Common Stock | 0 | 0.00 | — | 75,467 | — | ↗ |
| 2024-03-28 | Munn William J | Officer | G-Gift | D | Class A Common Stock | 1,532 | 0.00 | — | 4,491 | — | ↗ |
| 2024-03-28 | HEIMES TERRY J | Officer | G-Gift | A | Class A Common Stock | 1,210 | 0.00 | — | 7,420 | — | ↗ |
| 2024-03-10 | Tewes Timothy | Officer | F-InKind | D | Class A Common Stock | 322 | 88.63 | 28.5K | 80,410 | — | ↗ |
| 2024-03-10 | NOORDHOEK JEFFREY R | Officer | F-InKind | D | Class A Common Stock | 356 | 88.63 | 31.6K | 103,670 | — | ↗ |
| 2024-03-10 | Munn William J | Officer | F-InKind | D | Class A Common Stock | 129 | 88.63 | 11.4K | 6,023 | — | ↗ |
| 2024-03-10 | Kruger James D | Officer | F-InKind | D | Class A Common Stock | 322 | 88.63 | 28.5K | 53,198 | — | ↗ |
| 2024-03-10 | HEIMES TERRY J | Officer | F-InKind | D | Class A Common Stock | 322 | 88.63 | 28.5K | 26,064 | — | ↗ |
| 2024-03-10 | Dunlap Matthew W | Director / Officer | F-InKind | D | Class A Common Stock | 29 | 88.63 | 2.6K | 13,406 | — | ↗ |
| 2024-03-08 | Dunlap Matthew W | Director / Officer | A-Award | A | Class A Common Stock | 3,924 | 0.00 | — | 14,627 | — | ↗ |
| 2023-12-18 | MUHLEISEN ANGIE | 10% Owner | G-Gift | D | Class A Common Stock | 80,500 | 0.00 | — | 909,965 | — | ↗ |
| 2023-11-22 | MUHLEISEN ANGIE | 10% Owner | G-Gift | D | Class A Common Stock | 88,010 | 0.00 | — | 0 | — | ↗ |
| 2023-09-13 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | A | Class B Common Stock | 173,183 | 0.00 | — | 173,183 | — | ↗ |
| 2023-09-12 | DUNLAP MICHAEL S | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2023-08-31 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 2,500 | 91.30 | 228.3K | 6,663 | — | ↗ |
| 2023-08-24 | MUHLEISEN ANGIE | 10% Owner | G-Gift | D | Class A Common Stock | 215 | 0.00 | — | 681,323 | — | ↗ |
| 2023-08-24 | DUNLAP MICHAEL S | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2023-08-15 | Van Deun Jona M | Director | S-Sale | D | Class A Common Stock | 785 | 94.40 | 74.1K | 531 | — | ↗ |
| 2023-07-21 | MUHLEISEN ANGIE | — | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2023-07-07 | Munn William J | Officer | G-Gift | A | Class A Common Stock | 1,500 | 0.00 | — | 10,422 | — | ↗ |
| 2023-07-06 | Munn William J | Officer | G-Gift | A | Class A Common Stock | 8,922 | 0.00 | — | 8,922 | — | ↗ |
| 2023-06-20 | Van Deun Jona M | Director | A-Award | A | Class A Common Stock | 531 | 84.79 | 45.0K | 1,316 | — | ↗ |
| 2023-06-20 | Rath Kimberly Kay | Director | A-Award | A | Phantom Stock | 2,005 | 0.00 | — | 57,920 | — | ↗ |
| 2023-06-20 | Peterson Adam K | Director | A-Award | A | Phantom Stock | 2,123 | 0.00 | — | 1,905,280 | — | ↗ |
| 2023-06-20 | HENNING THOMAS EDWARD | Director | A-Award | A | Phantom Stock | 2,271 | 0.00 | — | 51,498 | — | ↗ |
| 2023-06-20 | Graff David S | Director | A-Award | A | Class A Common Stock | 2,005 | 84.79 | 170.0K | 26,501 | — | ↗ |
| 2023-06-20 | Farrell Kathleen Anne | Director | A-Award | A | Class A Common Stock | 2,123 | 84.79 | 180.0K | 18,594 | — | ↗ |
| 2023-06-20 | Bansal Preeta D | Director | A-Award | A | Class A Common Stock | 2,123 | 84.79 | 180.0K | 14,567 | — | ↗ |
| 2023-06-12 | Dunlap Matthew W | Director / Officer | F-InKind | D | Class A Common Stock | 15 | 98.71 | 1.5K | 10,638 | — | ↗ |
| 2023-03-10 | Tewes Timothy | Officer | A-Award | A | Class A Common Stock | 5,473 | 0.00 | — | 81,879 | — | ↗ |
| 2023-03-10 | NOORDHOEK JEFFREY R | Officer | F-InKind | D | Class A Common Stock | 356 | 90.43 | 32.2K | 94,939 | — | ↗ |
| 2023-03-10 | Munn William J | Officer | F-InKind | D | Class A Common Stock | 143 | 90.43 | 12.9K | 16,653 | — | ↗ |
| 2023-03-10 | Kruger James D | Officer | F-InKind | D | Class A Common Stock | 791 | 90.43 | 71.5K | 41,786 | — | ↗ |
| 2023-03-10 | HEIMES TERRY J | Officer | F-InKind | D | Class A Common Stock | 356 | 90.43 | 32.2K | 26,214 | — | ↗ |
| 2023-03-10 | Dunlap Matthew W | Director / Officer | F-InKind | D | Class A Common Stock | 462 | 91.36 | 42.2K | 10,635 | — | ↗ |
| 2022-12-16 | DUNLAP MICHAEL S | Officer | G-Gift | D | Class A Common Stock | 40,000 | 0.00 | — | 1,839,574 | — | ↗ |
| 2022-11-14 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 95.49 | 47.7K | 17,271 | — | ↗ |
| 2022-10-13 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 1,500 | 80.89 | 121.3K | 17,771 | — | ↗ |
| 2022-09-23 | MUHLEISEN ANGIE | Director | G-Gift | D | Class A Common Stock | 88,070 | 0.00 | — | 0 | — | ↗ |
| 2022-06-21 | Van Deun Jona M | Director | A-Award | A | Phantom Stock | 2,071 | 65.21 | 135.0K | 2,339 | — | ↗ |
| 2022-06-21 | Rath Kimberly Kay | Director | A-Award | A | Phantom Stock | 2,607 | 65.21 | 170.0K | 55,290 | — | ↗ |
| 2022-06-21 | Peterson Adam K | Director | A-Award | A | Phantom Stock | 2,761 | 0.00 | — | 1,903,119 | — | ↗ |
| 2022-06-21 | MAGNOLIA GROUP, LLC | Director | A-Award | A | Phantom Stock | 2,761 | 65.21 | 180.0K | 1,903,119 | — | ↗ |
| 2022-06-21 | HENNING THOMAS EDWARD | Director | A-Award | A | Class A Common Stock | 2,953 | 65.21 | 192.6K | 16,152 | — | ↗ |
| 2022-06-21 | Graff David S | Director | A-Award | A | Class A Common Stock | 2,607 | 65.21 | 170.0K | 24,496 | — | ↗ |
| 2022-06-21 | Farrell Kathleen Anne | Director | A-Award | A | Class A Common Stock | 2,761 | 65.21 | 180.0K | 16,471 | — | ↗ |
| 2022-06-21 | Cintani William Robert | Director | A-Award | A | Phantom Stock | 2,761 | 65.21 | 180.0K | 29,580 | — | ↗ |
| 2022-06-21 | Bansal Preeta D | Director | A-Award | A | Class A Common Stock | 2,761 | 65.21 | 180.0K | 12,444 | — | ↗ |
| 2022-06-13 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 79.76 | 39.9K | 20,771 | — | ↗ |
| 2022-06-10 | Dunlap Matthew W | Officer | F-InKind | D | Class A Common Stock | 15 | 81.32 | 1.2K | 9,616 | — | ↗ |
| 2022-05-09 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 81.21 | 40.6K | 21,271 | — | ↗ |
| 2022-04-11 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 84.60 | 42.3K | 21,771 | — | ↗ |
| 2022-03-23 | Kruger James D | Officer | G-Gift | A | Class A Common Stock | 45,000 | 0.00 | — | 45,000 | — | ↗ |
| 2022-03-17 | Van Deun Jona M | Director | A-Award | A | Class A Common Stock | 89 | 72.62 | 6.5K | 89 | — | ↗ |
| 2022-03-17 | Peterson Adam K | Director | — | I | Class A Common Stock | 0 | 0.00 | — | 1,900,000 | — | ↗ |
| 2022-03-17 | MAGNOLIA GROUP, LLC | Director | A-Award | A | Phantom Stock | 356 | 72.62 | 25.9K | 1,900,356 | — | ↗ |
| 2022-03-17 | Dunlap Matthew W | Director / Officer | — | — | Class A Common Stock | 0 | 0.00 | — | 7,367 | D | ↗ |
| 2022-03-17 | ABEL JAMES P | Director | M-Exempt | D | Phantom Stock | 63,801 | 0.00 | — | 0 | — | ↗ |
| 2022-03-10 | Tewes Timothy | Officer | A-Award | A | Class A Common Stock | 6,052 | 0.00 | — | 77,830 | — | ↗ |
| 2022-03-10 | NOORDHOEK JEFFREY R | Officer | F-InKind | D | Class A Common Stock | 786 | 83.64 | 65.7K | 81,412 | — | ↗ |
| 2022-03-10 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 83.99 | 42.0K | 22,271 | — | ↗ |
| 2022-03-10 | Kruger James D | Officer | A-Award | A | Class A Common Stock | 6,052 | 0.00 | — | 122,939 | — | ↗ |
| 2022-03-10 | HEIMES TERRY J | Officer | F-InKind | D | Class A Common Stock | 791 | 83.64 | 66.2K | 45,171 | — | ↗ |
| 2022-02-14 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 79.96 | 40.0K | 18,050 | — | ↗ |
| 2022-01-10 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 500 | 96.44 | 48.2K | 18,550 | — | ↗ |
| 2021-12-31 | Bansal Preeta D | Director | — | D | Class A Common Stock | 0 | 0.00 | — | 9,683 | — | ↗ |
| 2021-12-30 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | D | Class B Common Stock | 285,907 | 0.00 | — | 0 | — | ↗ |
| 2021-12-21 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | D | Class A Common Stock | 10,000 | 0.00 | — | 1,879,574 | — | ↗ |
| 2021-12-16 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 5,000 | 98.08 | 490.4K | 19,050 | — | ↗ |
| 2021-12-14 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | D | Class A Common Stock | 40,000 | 0.00 | — | 1,889,574 | — | ↗ |
| 2021-10-26 | MUHLEISEN ANGIE | 10% Owner | G-Gift | D | Class A Common Stock | 59,694 | 0.00 | — | 1,134,369 | — | ↗ |
| 2021-08-27 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 1,927 | 79.95 | 154.1K | 24,050 | — | ↗ |
| 2021-08-20 | Kruger James D | Officer | G-Gift | D | Class A Common Stock | 10,000 | 0.00 | — | 152,673 | — | ↗ |
| 2021-08-18 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 73 | 79.95 | 5.8K | 25,977 | — | ↗ |
| 2021-08-13 | Kruger James D | Officer | G-Gift | D | Class A Common Stock | 15,000 | 0.00 | — | 162,673 | — | ↗ |
| 2021-08-10 | Butterfield Shelby J | — | C-Conversion | A | Class A Common Stock | 13,534 | 0.00 | — | 13,534 | — | ↗ |
| 2021-08-06 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 2,854 | 76.21 | 217.5K | 65,560 | — | ↗ |
| 2021-08-05 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 4,900 | 75.10 | 368.0K | 70,610 | — | ↗ |
| 2021-08-04 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 100 | 75.09 | 7.5K | 75,510 | — | ↗ |
| 2021-07-30 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 75.29 | 376.5K | 80,510 | — | ↗ |
| 2021-07-29 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 4,410 | 75.01 | 330.8K | 86,100 | — | ↗ |
| 2021-07-28 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 3,319 | 73.81 | 245.0K | 92,191 | — | ↗ |
| 2021-07-23 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 73.35 | 366.8K | 95,510 | — | ↗ |
| 2021-07-22 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 4,999 | 73.12 | 365.5K | 100,511 | — | ↗ |
| 2021-07-21 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 74.37 | 371.9K | 5,510 | — | ↗ |
| 2021-07-16 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 2,778 | 74.17 | 206.0K | 12,732 | — | ↗ |
| 2021-07-15 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 74.43 | 372.2K | 15,510 | — | ↗ |
| 2021-07-14 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 74.23 | 371.2K | 20,510 | — | ↗ |
| 2021-07-09 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 73.97 | 369.9K | 25,510 | — | ↗ |
| 2021-07-08 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 1,103 | 73.89 | 81.5K | 30,510 | — | ↗ |
| 2021-07-07 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 751 | 74.79 | 56.2K | 35,510 | — | ↗ |
| 2021-07-02 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 75.43 | 377.2K | 40,510 | — | ↗ |
| 2021-07-01 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 4,758 | 75.58 | 359.6K | 45,752 | — | ↗ |
| 2021-06-30 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 75.38 | 376.9K | 50,510 | — | ↗ |
| 2021-06-25 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 4,795 | 76.55 | 367.1K | 55,715 | — | ↗ |
| 2021-06-24 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 1,622 | 75.67 | 122.7K | 63,888 | — | ↗ |
| 2021-06-23 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 75.66 | 378.3K | 65,510 | — | ↗ |
| 2021-06-21 | Rath Kimberly Kay | Director | A-Award | A | Phantom Stock | 2,292 | 0.00 | — | 52,097 | — | ↗ |
| 2021-06-21 | MARTIN JOANN M | Director | A-Award | A | Class A Common Stock | 2,450 | 63.28 | 155.0K | 6,132 | — | ↗ |
| 2021-06-21 | HENNING THOMAS EDWARD | Director | A-Award | A | Phantom Stock | 2,647 | 0.00 | — | 48,135 | — | ↗ |
| 2021-06-21 | Graff David S | Director | A-Award | A | Class A Common Stock | 2,450 | 63.28 | 155.0K | 21,889 | — | ↗ |
| 2021-06-21 | Farrell Kathleen Anne | Director | A-Award | A | Class A Common Stock | 2,608 | 63.28 | 165.0K | 13,710 | — | ↗ |
| 2021-06-21 | Cintani William Robert | Director | A-Award | A | Phantom Stock | 2,450 | 0.00 | — | 26,520 | — | ↗ |
| 2021-06-21 | Bansal Preeta D | Director | A-Award | A | Class A Common Stock | 2,450 | 63.28 | 155.0K | 9,683 | — | ↗ |
| 2021-06-21 | ABEL JAMES P | Director | A-Award | A | Phantom Stock | 2,292 | 0.00 | — | 63,288 | — | ↗ |
| 2021-06-18 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 437 | 75.31 | 32.9K | 70,510 | — | ↗ |
| 2021-06-17 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 100 | 77.48 | 7.7K | 75,510 | — | ↗ |
| 2021-06-16 | MUHLEISEN ANGIE | 10% Owner | G-Gift | A | Class A Common Stock | 1,000,000 | 0.00 | — | 1,194,063 | — | ↗ |
| 2021-06-16 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 76.41 | 382.1K | 80,510 | — | ↗ |
| 2021-06-11 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 1,548 | 74.46 | 115.3K | 88,962 | — | ↗ |
| 2021-06-10 | Butterfield Shelby J | 10% Owner | S-Sale | D | Class A Common Stock | 5,000 | 74.63 | 373.2K | 90,510 | — | ↗ |
| 2021-06-09 | Butterfield Shelby J | 10% Owner | C-Conversion | A | Class A Common Stock | 100,000 | 0.00 | — | 100,510 | — | ↗ |
| 2021-04-09 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | D | Class A Common Stock | 40,000 | 0.00 | — | 1,929,574 | — | ↗ |
| 2021-03-17 | Munn William J | Officer | G-Gift | D | Class A Common Stock | 150 | 0.00 | — | 26,050 | — | ↗ |
| 2021-03-10 | Tewes Timothy | Officer | A-Award | A | Class A Common Stock | 13,467 | 0.00 | — | 72,583 | — | ↗ |
| 2021-03-10 | NOORDHOEK JEFFREY R | Officer | A-Award | A | Class A Common Stock | 13,467 | 0.00 | — | 81,560 | — | ↗ |
| 2021-03-10 | Munn William J | Officer | F-InKind | D | Class A Common Stock | 107 | 76.70 | 8.2K | 23,400 | — | ↗ |
| 2021-03-10 | Kruger James D | Officer | A-Award | A | Class A Common Stock | 13,467 | 0.00 | — | 173,494 | — | ↗ |
| 2021-03-10 | HEIMES TERRY J | Officer | A-Award | A | Class A Common Stock | 13,467 | 0.00 | — | 42,005 | — | ↗ |
| 2021-03-03 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 2,000 | 74.95 | 149.9K | 23,788 | — | ↗ |
| 2021-03-02 | Munn William J | Officer | G-Gift | D | Class A Common Stock | 338 | 0.00 | — | 26,200 | — | ↗ |
| 2021-02-09 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 2,000 | 73.24 | 146.5K | 25,788 | — | ↗ |
| 2021-02-05 | Butterfield Shelby J | 10% Owner | G-Gift | D | Class B Common Stock | 1,400 | 0.00 | — | 136,641 | — | ↗ |
| 2020-12-31 | Butterfield Shelby J | 10% Owner | G-Gift | D | Class B Common Stock | 6,672 | 0.00 | — | 38,291 | — | ↗ |
| 2020-11-02 | Butterfield Shelby J | 10% Owner | G-Gift | D | Class B Common Stock | 9,366 | 0.00 | — | 46,387 | — | ↗ |
| 2020-10-30 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | G-Gift | A | Class B Common Stock | 67,439 | 0.00 | — | 67,439 | — | ↗ |
| 2020-09-15 | DUNLAP MICHAEL S | Director / Officer / 10% Owner | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2020-08-11 | Munn William J | Officer | S-Sale | D | Class A Common Stock | 1,500 | 65.00 | 97.5K | 27,788 | — | ↗ |
| 2020-06-19 | Rath Kimberly Kay | Director | A-Award | A | Phantom Stock | 2,978 | 0.00 | — | 49,205 | — | ↗ |
| 2020-06-19 | MARTIN JOANN M | Director | A-Award | A | Class A Common Stock | 3,226 | 40.30 | 130.0K | 3,682 | — | ↗ |
| 2020-06-19 | HENNING THOMAS EDWARD | Director | A-Award | A | Phantom Stock | 3,536 | 0.00 | — | 44,940 | — | ↗ |
| 2020-06-19 | Graff David S | Director | A-Award | A | Class A Common Stock | 3,226 | 40.30 | 130.0K | 19,439 | — | ↗ |
| 2020-06-19 | Farrell Kathleen Anne | Director | A-Award | A | Phantom Stock | 868 | 0.00 | — | 30,422 | — | ↗ |
| 2020-06-19 | Cintani William Robert | Director | A-Award | A | Phantom Stock | 3,226 | 0.00 | — | 23,780 | — | ↗ |
| 2020-06-19 | Bansal Preeta D | Director | A-Award | A | Class A Common Stock | 3,226 | 40.30 | 130.0K | 7,233 | — | ↗ |
| 2020-06-19 | ABEL JAMES P | Director | A-Award | A | Phantom Stock | 2,978 | 0.00 | — | 60,262 | — | ↗ |
Executive team
Executive compensation
| # | Year | Executive | Salary | Bonus | Stock award | Option award | Incentive | Other | Total | % Stock- based |
Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | 2025 | James D. Kruger Chief Financial Officer | 906.9K | 1.15M | 275.1K | — | — | 57.5K | 2.39M | 11.51% | ↗ |
| 2 | 2025 | Timothy A. Tewes President | 906.9K | 1.15M | 275.1K | — | — | 44.3K | 2.38M | 11.58% | ↗ |
| 3 | 2025 | Terry J. Heimes Chief Operating Officer | 906.9K | 1.11M | 275.1K | — | — | 74.0K | 2.37M | 11.62% | ↗ |
| 4 | 2025 | Jeffrey R. Noordhoek Chief Executive Officer | 906.9K | 1.00M | 275.1K | — | — | 61.4K | 2.24M | 12.26% | ↗ |
| 5 | 2025 | DeeAnn K. Wenger President, Nelnet Business Services | 500.3K | 537.5K | 500.1K | — | — | 58.0K | 1.60M | 31.33% | ↗ |
| 6 | 2024 | Timothy A. Tewes President | 870.0K | 650.0K | — | — | — | 201.4K | 1.72M | 0.00% | ↗ |
| 7 | 2024 | James D. Kruger Chief Financial Officer | 870.0K | 650.0K | — | — | — | 196.1K | 1.72M | 0.00% | ↗ |
| 8 | 2024 | Terry J. Heimes Chief Operating Officer | 870.0K | 650.0K | — | — | — | 70.3K | 1.59M | 0.00% | ↗ |
| 9 | 2024 | Jeffrey R. Noordhoek Chief Executive Officer | 870.0K | 650.0K | — | — | — | 35.6K | 1.56M | 0.00% | ↗ |
| 10 | 2024 | DeeAnn K. Wenger President of Nelnet Business Services | 468.0K | 500.0K | 100.0K | — | — | 60.7K | 1.13M | 8.86% | ↗ |
| 11 | 2024 | DeeAnn K. Wenger President, Nelnet Business Services | 468.0K | 500.0K | 100.0K | — | — | 60.7K | 1.13M | 8.86% | ↗ |
| 12 | 2023 | Terry J. Heimes Chief Operating Officer | 854.5K | 450.0K | 500.0K | — | — | 74.9K | 1.88M | 26.61% | ↗ |
| 13 | 2023 | Timothy A. Tewes President | 854.5K | 450.0K | 500.0K | — | — | 64.7K | 1.87M | 26.75% | ↗ |
| 14 | 2023 | James D. Kruger Chief Financial Officer | 854.5K | 450.0K | 500.0K | — | — | 42.0K | 1.85M | 27.08% | ↗ |
| 15 | 2023 | Jeffrey R. Noordhoek Chief Executive Officer | 854.5K | 450.0K | 500.0K | — | — | 37.6K | 1.84M | 27.14% | ↗ |
| 16 | 2023 | Matthew W. Dunlap Chief Business Development Officer and President of Nelnet Financial Services | 300.0K | 450.0K | — | — | — | 200.6K | 950.7K | 0.00% | ↗ |
| 17 | 2022 | James D. Kruger Chief Financial Officer | 813.8K | 905.4K | 500.0K | — | — | 36.9K | 2.26M | 22.16% | ↗ |
| 18 | 2022 | Terry J. Heimes Chief Operating Officer | 813.8K | 874.9K | 500.0K | — | — | 55.9K | 2.24M | 22.28% | ↗ |
| 19 | 2022 | Jeffrey R. Noordhoek Chief Executive Officer | 813.8K | 874.9K | 500.0K | — | — | 36.2K | 2.22M | 22.47% | ↗ |
| 20 | 2022 | Timothy A. Tewes President | 813.8K | 813.8K | 500.0K | — | — | 64.2K | 2.19M | 22.81% | ↗ |
| 21 | 2022 | Michael S. Dunlap Executive Chairman | 602.8K | 602.8K | — | — | — | 40.7K | 1.25M | 0.00% | ↗ |
| 22 | 2021 | Jeffrey R. Noordhoek Chief Executive Officer | 782.5K | 899.9K | 1.00M | — | — | 49.9K | 2.73M | 36.60% | ↗ |
| 23 | 2021 | James D. Kruger Chief Financial Officer | 782.5K | 899.9K | 1.00M | — | — | 31.2K | 2.71M | 36.85% | ↗ |
| 24 | 2021 | Terry J. Heimes Chief Operating Officer | 782.5K | 841.2K | 1.00M | — | — | 57.4K | 2.68M | 37.30% | ↗ |
| 25 | 2021 | Timothy A. Tewes President | 782.5K | 782.5K | 1.00M | — | — | 72.0K | 2.64M | 37.92% | ↗ |
| 26 | 2021 | Michael S. Dunlap Executive Chairman | 579.6K | 579.6K | — | — | — | 19.0K | 1.18M | 0.00% | ↗ |
| 27 | 2020 | Terry J. Heimes Chief Operating Officer | 759.7K | 816.7K | — | — | — | 65.2K | 1.64M | 0.00% | ↗ |
| 28 | 2020 | Jeffrey R. Noordhoek Chief Executive Officer | 759.7K | 759.7K | — | — | — | 48.9K | 1.57M | 0.00% | ↗ |
| 29 | 2020 | Michael S. Dunlap Executive Chairman | 562.8K | 562.8K | — | — | — | 379.6K | 1.51M | 0.00% | ↗ |
| 30 | 2020 | James D. Kruger Chief Financial Officer | 700.0K | 752.6K | — | — | — | 32.9K | 1.49M | 0.00% | ↗ |
| 31 | 2020 | Timothy A. Tewes President | 700.0K | 700.0K | — | — | — | 60.5K | 1.46M | 0.00% | ↗ |
| 32 | 2019 | Terry J. Heimes Chief Operating Officer | 737.6K | 892.3K | — | — | — | 45.6K | 1.68M | 0.00% | ↗ |
| 33 | 2019 | Jeffrey R. Noordhoek Chief Executive Officer | 737.6K | 892.3K | — | — | — | 42.7K | 1.67M | 0.00% | ↗ |
| 34 | 2019 | Timothy A. Tewes President | 650.0K | 786.9K | — | — | — | 54.5K | 1.49M | 0.00% | ↗ |
| 35 | 2019 | James D. Kruger Chief Financial Officer | 650.0K | 786.9K | — | — | — | 22.0K | 1.46M | 0.00% | ↗ |
| 36 | 2019 | Michael S. Dunlap Executive Chairman | 546.3K | 615.0K | — | — | — | 33.7K | 1.20M | 0.00% | ↗ |
| 37 | 2018 | Jeffrey R. Noordhoek Chief Executive Officer | 716.1K | 1.03M | — | — | — | 44.2K | 1.79M | 0.00% | ↗ |
| 38 | 2018 | Terry J. Heimes Chief Operating Officer | 716.1K | 962.3K | — | — | — | 48.1K | 1.73M | 0.00% | ↗ |
| 39 | 2018 | Timothy A. Tewes President | 550.0K | 687.5K | — | — | — | 54.9K | 1.29M | 0.00% | ↗ |
| 40 | 2018 | James D. Kruger Chief Financial Officer | 550.0K | 687.5K | — | — | — | 38.9K | 1.28M | 0.00% | ↗ |
| 41 | 2018 | Michael S. Dunlap Executive Chairman | 530.5K | 663.1K | — | — | — | 21.5K | 1.22M | 0.00% | ↗ |
| 42 | 2017 | Jeffrey R. Noordhoek Chief Executive Officer | 695.3K | 999.4K | — | — | — | 44.0K | 1.74M | 0.00% | ↗ |
| 43 | 2017 | Terry J. Heimes Chief Operating Officer | 695.3K | 869.1K | — | — | — | 36.6K | 1.60M | 0.00% | ↗ |
| 44 | 2017 | Michael S. Dunlap Executive Chairman | 515.0K | 643.8K | — | — | — | 50.2K | 1.21M | 0.00% | ↗ |
| 45 | 2017 | James D. Kruger Chief Financial Officer | 515.0K | 643.8K | — | — | — | 39.6K | 1.20M | 0.00% | ↗ |
| 46 | 2017 | Timothy A. Tewes President | 515.0K | 643.8K | — | — | — | 20.3K | 1.18M | 0.00% | ↗ |
| 47 | 2016 | Jeffrey R. Noordhoek Chief Executive Officer | 675.0K | 816.3K | — | — | — | 40.5K | 1.53M | 0.00% | ↗ |
| 48 | 2016 | Terry J. Heimes Chief Operating Officer | 675.0K | 759.4K | — | — | — | 29.5K | 1.46M | 0.00% | ↗ |
| 49 | 2016 | James D. Kruger Chief Financial Officer | 500.0K | 646.9K | — | — | — | 37.0K | 1.18M | 0.00% | ↗ |
| 50 | 2016 | Timothy A. Tewes President | 500.0K | 646.9K | — | — | — | 32.5K | 1.18M | 0.00% | ↗ |
| 51 | 2016 | Michael S. Dunlap Executive Chairman | 500.0K | 562.5K | — | — | — | 27.6K | 1.09M | 0.00% | ↗ |
| 52 | 2015 | Jeffrey R. Noordhoek Chief Executive Officer | 625.0K | 898.5K | — | — | — | 40.4K | 1.56M | 0.00% | ↗ |
| 53 | 2015 | Terry J. Heimes Chief Operating Officer | 625.0K | 839.9K | — | — | — | 38.4K | 1.50M | 0.00% | ↗ |
| 54 | 2015 | Timothy A. Tewes President | 450.0K | 646.9K | 200.0K | — | — | 28.4K | 1.33M | 15.09% | ↗ |
| 55 | 2015 | James D. Kruger Chief Financial Officer | 450.0K | 604.7K | 200.0K | — | — | 38.5K | 1.29M | 15.47% | ↗ |
| 56 | 2015 | Michael S. Dunlap Executive Chairman | 500.0K | 625.0K | — | — | — | 25.8K | 1.15M | 0.00% | ↗ |
| 57 | 2014 | Jeffrey R. Noordhoek Chief Executive Officer | 550.0K | 776.3K | — | — | — | 65.2K | 1.39M | 0.00% | ↗ |
| 58 | 2014 | Jeffrey R. Noordhoek Chief Executive Officer | 550.0K | 776.3K | — | — | — | 65.2K | 1.39M | 0.00% | ↗ |
| 59 | 2014 | Terry J. Heimes Chief Operating Officer | 550.0K | 725.6K | — | — | — | 52.9K | 1.33M | 0.00% | ↗ |
| 60 | 2014 | Terry J. Heimes Chief Operating Officer | 550.0K | 725.6K | — | — | — | 52.9K | 1.33M | 0.00% | ↗ |
| 61 | 2014 | Michael S. Dunlap Executive Chairman | 500.0K | 625.0K | — | — | — | 27.5K | 1.15M | 0.00% | ↗ |
| 62 | 2014 | Michael S. Dunlap Executive Chairman | 500.0K | 625.0K | — | — | — | 27.5K | 1.15M | 0.00% | ↗ |
| 63 | 2014 | James D. Kruger Chief Financial Officer | 375.0K | 287.5K | 150.0K | — | — | 20.4K | 833.0K | 18.01% | ↗ |
| 64 | 2014 | Timothy A. Tewes President | 375.0K | 250.0K | 150.0K | — | — | 22.7K | 797.8K | 18.81% | ↗ |
| 65 | 2014 | Timothy A. Tewes President | 375.0K | 250.0K | 150.0K | — | — | 22.7K | 797.8K | 18.81% | ↗ |
| 66 | 2013 | Jeffrey R. Noordhoek Chief Executive Officer | 500.0K | 575.0K | — | — | — | 37.7K | 1.11M | 0.00% | ↗ |
| 67 | 2013 | Jeffrey R. Noordhoek Chief Executive Officer | 500.0K | 575.0K | — | — | — | 37.7K | 1.11M | 0.00% | ↗ |
| 68 | 2013 | Jeffrey R. Noordhoek President; appointed as Chief Executive Officer effective January 1, 2014 | 500.0K | 575.0K | — | — | — | 37.7K | 1.11M | 0.00% | ↗ |
| 69 | 2013 | Terry J. Heimes Chief Operating Officer | 500.0K | 537.5K | — | — | — | 33.9K | 1.07M | 0.00% | ↗ |
| 70 | 2013 | Terry J. Heimes Chief Operating Officer | 500.0K | 537.5K | — | — | — | 33.9K | 1.07M | 0.00% | ↗ |
| 71 | 2013 | Terry J. Heimes Chief Financial Officer; appointed as Chief Operating Officer effective January 1, 2014 | 500.0K | 537.5K | — | — | — | 33.9K | 1.07M | 0.00% | ↗ |
| 72 | 2013 | Michael S. Dunlap Executive Chairman | 500.0K | 500.0K | — | — | — | 24.9K | 1.02M | 0.00% | ↗ |
| 73 | 2013 | Michael S. Dunlap Chief Executive Officer; appointed as Executive Chairman effective January 1, 2014 | 500.0K | 500.0K | — | — | — | 24.9K | 1.02M | 0.00% | ↗ |
| 74 | 2013 | Michael S. Dunlap Executive Chairman | 500.0K | 500.0K | — | — | — | 24.9K | 1.02M | 0.00% | ↗ |
| 75 | 2013 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc.; appointed as President effective January 1, 2014 | 314.0K | 215.0K | 150.0K | — | — | 14.5K | 693.5K | 21.63% | ↗ |
| 76 | 2013 | Timothy A. Tewes President | 314.0K | 215.0K | 150.0K | — | — | 14.5K | 693.5K | 21.63% | ↗ |
| 77 | 2013 | Timothy A. Tewes President | 314.0K | 215.0K | 150.0K | — | — | 14.5K | 693.5K | 21.63% | ↗ |
| 78 | 2013 | William J. Munn Corporate Secretary, Chief Governance Officer, and General Counsel | 245.9K | 161.3K | 100.0K | — | — | 27.0K | 534.2K | 18.72% | ↗ |
| 79 | 2012 | Terry J. Heimes Chief Operating Officer | 500.0K | 537.5K | — | — | — | 38.2K | 1.08M | 0.00% | ↗ |
| 80 | 2012 | Terry J. Heimes Chief Financial Officer | 500.0K | 537.5K | — | — | — | 38.2K | 1.08M | 0.00% | ↗ |
| 81 | 2012 | Terry J. Heimes Chief Financial Officer; appointed as Chief Operating Officer effective January 1, 2014 | 500.0K | 537.5K | — | — | — | 38.2K | 1.08M | 0.00% | ↗ |
| 82 | 2012 | Jeffrey R. Noordhoek Chief Executive Officer | 500.0K | 500.0K | — | — | — | 35.0K | 1.03M | 0.00% | ↗ |
| 83 | 2012 | Jeffrey R. Noordhoek President; appointed as Chief Executive Officer effective January 1, 2014 | 500.0K | 500.0K | — | — | — | 35.0K | 1.03M | 0.00% | ↗ |
| 84 | 2012 | Jeffrey R. Noordhoek President | 500.0K | 500.0K | — | — | — | 35.0K | 1.03M | 0.00% | ↗ |
| 85 | 2012 | Michael S. Dunlap Executive Chairman | 500.0K | 500.0K | — | — | — | 17.7K | 1.02M | 0.00% | ↗ |
| 86 | 2012 | Michael S. Dunlap Chief Executive Officer; appointed as Executive Chairman effective January 1, 2014 | 500.0K | 500.0K | — | — | — | 17.7K | 1.02M | 0.00% | ↗ |
| 87 | 2012 | Michael S. Dunlap Chief Executive Officer | 500.0K | 500.0K | — | — | — | 17.7K | 1.02M | 0.00% | ↗ |
| 88 | 2012 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc.; appointed as President effective January 1, 2014 | 303.9K | 175.0K | 150.0K | — | — | 20.6K | 649.5K | 23.10% | ↗ |
| 89 | 2012 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc. | 303.9K | 175.0K | 150.0K | — | — | 20.6K | 649.5K | 23.10% | ↗ |
| 90 | 2012 | Timothy A. Tewes President | 303.9K | 175.0K | 150.0K | — | — | 20.6K | 649.5K | 23.10% | ↗ |
| 91 | 2012 | William J. Munn Corporate Secretary, Chief Governance Officer, and General Counsel | 238.7K | 134.4K | — | — | — | 19.0K | 392.1K | 0.00% | ↗ |
| 92 | 2012 | William J. Munn Executive Director, Corporate Secretary, Chief Governance Officer, and General Counsel | 238.7K | 134.4K | — | — | — | 19.0K | 392.1K | 0.00% | ↗ |
| 93 | 2011 | Michael S. Dunlap Chief Executive Officer | 500.0K | 500.0K | — | — | — | 10.4K | 1.01M | 0.00% | ↗ |
| 94 | 2011 | Michael S. Dunlap Chief Executive Officer; appointed as Executive Chairman effective January 1, 2014 | 500.0K | 500.0K | — | — | — | 10.4K | 1.01M | 0.00% | ↗ |
| 95 | 2011 | Jeffrey R. Noordhoek President; appointed as Chief Executive Officer effective January 1, 2014 | 450.0K | 517.5K | — | — | — | 16.3K | 983.9K | 0.00% | ↗ |
| 96 | 2011 | Jeffrey R. Noordhoek President | 450.0K | 517.5K | — | — | — | 16.3K | 983.9K | 0.00% | ↗ |
| 97 | 2011 | Terry J. Heimes Chief Financial Officer | 450.0K | 483.8K | — | — | — | 33.5K | 967.3K | 0.00% | ↗ |
| 98 | 2011 | Terry J. Heimes Chief Financial Officer; appointed as Chief Operating Officer effective January 1, 2014 | 450.0K | 483.8K | — | — | — | 33.5K | 967.3K | 0.00% | ↗ |
| 99 | 2011 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc. | 295.0K | 172.5K | — | — | — | 11.2K | 478.7K | 0.00% | ↗ |
| 100 | 2011 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc.; appointed as President effective January 1, 2014 | 295.0K | 172.5K | — | — | — | 11.2K | 478.7K | 0.00% | ↗ |
| 101 | 2011 | William J. Munn Corporate Secretary, Chief Governance Officer, and General Counsel | 231.8K | 134.4K | 79.7K | — | — | 17.3K | 463.1K | 17.20% | ↗ |
| 102 | 2011 | William J. Munn Executive Director, Corporate Secretary, Chief Governance Officer, and General Counsel | 231.8K | 134.4K | 79.7K | — | — | 17.3K | 463.1K | 17.20% | ↗ |
| 103 | 2010 | Michael S. Dunlap Chief Executive Officer | 500.0K | 500.0K | — | — | — | 10.4K | 1.01M | 0.00% | ↗ |
| 104 | 2010 | Terry J. Heimes Chief Financial Officer | 331.5K | 381.2K | — | — | — | 33.2K | 745.9K | 0.00% | ↗ |
| 105 | 2010 | Jeffrey R. Noordhoek President | 331.5K | 381.2K | — | — | — | 10.3K | 723.1K | 0.00% | ↗ |
| 106 | 2010 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc. | 275.8K | 172.5K | — | — | — | 21.1K | 469.4K | 0.00% | ↗ |
| 107 | 2010 | William J. Munn Executive Director, Corporate Secretary, Chief Governance Officer, and General Counsel | 225.0K | 172.5K | — | — | — | 10.6K | 408.2K | 0.00% | ↗ |
| 108 | 2010 | William J. Munn Executive Director, Corporate Secretary, Chief Governance Officer, and General Counsel | 225.0K | 172.5K | — | — | — | 10.6K | 408.2K | 0.00% | ↗ |
| 109 | 2009 | Terry J. Heimes Chief Financial Officer | 325.0K | 325.0K | — | — | — | 33.4K | 683.5K | 0.00% | ↗ |
| 110 | 2009 | Jeffrey R. Noordhoek President | 325.0K | 325.0K | — | — | — | 10.3K | 660.4K | 0.00% | ↗ |
| 111 | 2009 | Michael S. Dunlap Chief Executive Officer | 500.0K | — | — | — | — | 10.3K | 510.3K | 0.00% | ↗ |
| 112 | 2009 | Timothy A. Tewes President and Chief Executive | 260.0K | 120.0K | — | — | — | 26.9K | 406.9K | 0.00% | ↗ |
| 113 | 2009 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, a subsidiary of Nelnet, Inc. | 260.0K | 120.0K | — | — | — | 26.9K | 406.9K | 0.00% | ↗ |
| 114 | 2009 | Todd M. Eicher | 215.0K | 120.0K | — | — | — | 7.0K | 342.0K | 0.00% | ↗ |
| 115 | 2008 | Michael S. Dunlap Chief Executive Officer | 500.0K | — | — | — | — | 10.3K | 510.3K | 0.00% | ↗ |
| 116 | 2008 | Michael S. Dunlap Chief Executive Officer Chief Financial Officer President Former Chief Operating Officer, Nelnet Education Services, | 500.0K | — | — | — | — | 9.7K | 509.7K | 0.00% | ↗ |
| 117 | 2008 | Timothy A. Tewes President and Chief Executive Officer, Nelnet Business Solutions, | 260.0K | 150.0K | — | — | — | 26.1K | 436.1K | 0.00% | ↗ |
| 118 | 2008 | Timothy A. Tewes President and Chief Executive | 260.0K | 150.0K | — | — | — | 26.1K | 436.1K | 0.00% | ↗ |
| 119 | 2008 | Terry J. Heimes Chief Financial Officer | 325.0K | 50.0K | — | — | — | 20.0K | 395.0K | 0.00% | ↗ |
| 120 | 2008 | Jeffrey R. Noordhoek President | 325.0K | 50.0K | — | — | — | 9.7K | 384.7K | 0.00% | ↗ |
| 121 | 2007 | David A. Bottegal (h) Former Chief Executive Officer, Nelnet Education Services, | 305.8K | 100.0K | — | — | — | 309.5K | 715.3K | 0.00% | ↗ |
| 122 | 2007 | Michael S. Dunlap Chief Executive Officer Chief Financial Officer President Former Chief Operating Officer, Nelnet Education Services, | 500.0K | 175.0K | — | — | — | 9.5K | 684.5K | 0.00% | ↗ |
| 123 | 2007 | Michael S. Dunlap Chief Executive Officer | 500.0K | 175.0K | — | — | — | 9.5K | 684.5K | 0.00% | ↗ |
| 124 | 2007 | Terry J. Heimes Chief Financial Officer | 325.0K | 100.0K | — | — | — | 9.5K | 434.5K | 0.00% | ↗ |
| 125 | 2007 | Jeffrey R. Noordhoek President | 275.0K | 100.0K | — | — | — | 9.5K | 384.5K | 0.00% | ↗ |
| 126 | 2007 | Jeffery R. Noordhoek President | 275.0K | 100.0K | — | — | — | 9.5K | 384.5K | 0.00% | ↗ |
| 127 | 2007 | Matthew D. Hall Chief Operating Officer, Nelnet Education Services, | 278.3K | 65.0K | — | — | — | 8.7K | 352.0K | 0.00% | ↗ |
| 128 | 2007 | Stephen F. Butterfield (f) Former Co-Chief Executive Officer | 216.9K | — | — | — | — | 9.5K | 226.5K | 0.00% | ↗ |
| 129 | 2006 | Michael S. Dunlap Co-Chief Executive Officer | 500.0K | 612.5K | — | — | — | — | 1.12M | 0.00% | ↗ |
| 130 | 2006 | Michael S. Dunlap Chief Executive Officer Chief Financial Officer President Former Chief Operating Officer, Nelnet Education Services, | 500.0K | 612.5K | — | — | — | 9.3K | 1.12M | 0.00% | ↗ |
| 131 | 2006 | Stephen F. Butterfield (f) Former Co-Chief Executive Officer | 500.0K | 612.5K | — | — | — | 9.3K | 1.12M | 0.00% | ↗ |
| 132 | 2006 | Michael S. Dunlap Chief Executive Officer | 500.0K | 612.5K | — | — | — | 9.3K | 1.12M | 0.00% | ↗ |
| 133 | 2006 | Stephen F. Butterfield(f) Co-Chief Executive Officer | 500.0K | 612.5K | — | — | — | — | 1.12M | 0.00% | ↗ |
| 134 | 2006 | David J. Byrnes(g) Chief Executive Officer, Nelnet Enrollment Solutions, | 500.0K | 425.0K | — | — | — | — | 975.0K | 0.00% | ↗ |
| 135 | 2006 | Terry J. Heimes Chief Financial Officer | 325.0K | 200.0K | — | — | — | 9.3K | 534.3K | 0.00% | ↗ |
| 136 | 2006 | Jeffery R. Noordhoek President | 275.0K | 225.0K | — | — | — | 9.3K | 509.3K | 0.00% | ↗ |
| 137 | 2006 | Matthew D. Hall Chief Operating Officer, Nelnet Education Services, | 280.4K | 130.0K | 84.7K | — | — | 9.3K | 504.5K | 16.79% | ↗ |
| 138 | 2006 | David A. Bottegal (h) Former Chief Executive Officer, Nelnet Education Services, | 306.1K | 130.0K | — | — | — | 9.3K | 445.4K | 0.00% | ↗ |
| 139 | 2005 | Michael S. Dunlap Co-Chief Executive Officer Executive Director and Chief Financial Officer Chief Executive Officer of President Chief Operating Officer of | 500.6K | 1.14M | — | — | — | 8.9K | 1.65M | 0.00% | ↗ |
| 140 | 2005 | Michael S. Dunlap Chief Executive Officer | 500.6K | 1.14M | — | — | — | 8.9K | 1.65M | 0.00% | ↗ |
| 141 | 2005 | Michael S. Dunlap Co-Chief Executive Officer | 500.6K | 1.14M | — | — | — | — | 1.65M | 0.00% | ↗ |
| 142 | 2005 | Stephen F. Butterfield(f) Co-Chief Executive Officer | 500.6K | 1.14M | — | — | — | — | 1.65M | 0.00% | ↗ |
| 143 | 2005 | Stephen F. Butterfield (f) Former Co-Chief Executive Officer | 500.6K | 1.14M | — | — | — | 8.9K | 1.65M | 0.00% | ↗ |
| 144 | 2005 | David J. Byrnes(g) Chief Executive Officer, Nelnet Enrollment Solutions, | 291.7K | 225.0K | — | — | — | — | 524.9K | 0.00% | ↗ |
| 145 | 2005 | Terry J. Heimes Chief Financial Officer | 300.6K | 192.0K | — | — | — | 8.9K | 501.5K | 0.00% | ↗ |
| 146 | 2005 | David A. Bottegal (h) Former Chief Executive Officer, Nelnet Education Services, | 255.2K | 192.0K | — | — | — | 8.9K | 456.1K | 0.00% | ↗ |
| 147 | 2005 | Jeffery R. Noordhoek President | 230.6K | 192.0K | — | — | — | 8.9K | 431.6K | 0.00% | ↗ |
| 148 | 2005 | Matthew D. Hall Chief Operating Officer, Nelnet Education Services, | 229.9K | 192.0K | — | — | — | 8.9K | 430.9K | 0.00% | ↗ |
| 149 | 2004 | Stephen F. Butterfield Co-Chief Executive Officer | 1.00M | 733.8K | — | — | — | — | 1.73M | 0.00% | ↗ |
| 150 | 2004 | Michael S. Dunlap Co-Chief Executive Officer Executive Director and Chief Financial Officer Chief Executive Officer of President Chief Operating Officer of | 323.5K | 733.8K | — | — | — | 8.9K | 1.07M | 0.00% | ↗ |
| 151 | 2004 | Michael S. Dunlap Co-Chief Executive Officer | 323.5K | 733.8K | — | — | — | — | 1.06M | 0.00% | ↗ |
| 152 | 2004 | Don R. Bouc(f) President Emeritus | 350.0K | 500.0K | — | — | — | — | 850.0K | 0.00% | ↗ |
| 153 | 2004 | Matthew D. Hall Chief Operating Officer, Nelnet Education Services, | 228.4K | 352.8K | — | — | — | — | 590.0K | 0.00% | ↗ |
| 154 | 2004 | Raymond J. Ciarvella Executive Director and Chief Information Officer | 233.0K | 351.9K | — | — | — | — | 584.9K | 0.00% | ↗ |
| 155 | 2004 | David A. Bottegal Executive Director and Chief Marketing Officer | 232.0K | 352.8K | — | — | — | — | 584.8K | 0.00% | ↗ |
| 156 | 2004 | Matthew D. Hall Executive Director | 228.4K | 352.8K | — | — | — | — | 581.2K | 0.00% | ↗ |
| 157 | 2004 | David J. Byrnes(g) Chief Executive Officer, Nelnet Enrollment Solutions, | — | — | — | — | — | — | — | — | ↗ |
| 158 | 2003 | Raymond J. Ciarvella Executive Director and Chief Information Officer | 224.7K | 1.11M | — | — | — | — | 1.33M | 0.00% | ↗ |
| 159 | 2003 | Stephen F. Butterfield Co-Chief Executive Officer | 713.5K | 389.0K | — | — | — | — | 1.10M | 0.00% | ↗ |
| 160 | 2003 | Michael S. Dunlap Co-Chief Executive Officer Executive Director and Chief Financial Officer Chief Executive Officer of President Chief Operating Officer of | 713.5K | 297.3K | — | — | — | 8.2K | 1.02M | 0.00% | ↗ |
| 161 | 2003 | Michael S. Dunlap Co-Chief Executive Officer | 713.5K | 297.3K | — | — | — | — | 1.01M | 0.00% | ↗ |
| 162 | 2003 | Richard H. Pierce Executive Director | 383.4K | 558.5K | — | — | — | 8.6K | 950.5K | 0.00% | ↗ |
| 163 | 2003 | Don R. Bouc(d) President | 485.7K | 398.4K | — | — | — | 8.6K | 892.6K | 0.00% | ↗ |
| 164 | 2003 | Don R. Bouc(f) President Emeritus | 485.7K | 397.1K | — | — | — | — | 882.8K | 0.00% | ↗ |
| 165 | 2003 | Terry J. Heimes Chief Financial Officer | 220.0K | 550.0K | — | — | — | 8.4K | 778.4K | 0.00% | ↗ |
| 166 | 2003 | David A. Bottegal Executive Director and Chief Marketing Officer | 220.0K | 142.0K | — | — | — | — | 362.0K | 0.00% | ↗ |
| 167 | 2003 | Matthew D. Hall Executive Director | 190.0K | 142.0K | — | — | — | — | 332.0K | 0.00% | ↗ |
| 168 | 2002 | Stephen F. Butterfield Co-Chief Executive Officer | 450.0K | 675.2K | — | — | — | 2.6K | 1.13M | 0.00% | ↗ |
| 169 | 2002 | Michael S. Dunlap Co-Chief Executive Officer | 450.0K | 675.2K | — | — | — | 2.6K | 1.13M | 0.00% | ↗ |
| 170 | 2002 | Richard H. Pierce Executive Director | 380.0K | 700.0K | — | — | — | 6.1K | 1.09M | 0.00% | ↗ |
| 171 | 2002 | Raymond J. Ciarvella Executive Director and Chief Information Officer | 240.0K | 510.0K | — | — | — | — | 750.0K | 0.00% | ↗ |
| 172 | 2002 | Don R. Bouc(d) President | 700.0K | — | — | — | — | 1.8K | 701.8K | 0.00% | ↗ |
| 173 | 2002 | Terry J. Heimes Chief Financial Officer | 179.2K | 150.0K | — | — | — | 5.2K | 334.4K | 0.00% | ↗ |
| 174 | 2002 | David A. Bottegal Executive Director and Chief Marketing Officer | 179.2K | 150.0K | — | — | — | — | 329.2K | 0.00% | ↗ |
Proxy statements
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| James D. Kruger | Chief Financial Officer | 2M | male |
| Timothy Alan Tewes | President | 2M | male |
| Terry J. Heimes | Chief Operating Officer | 2M | male |
| Jeffrey R. Noordhoek | Chief Executive Officer | 2M | male |
| Deeann Wenger | President of Nelnet Business Services | 1M | female |
| Michael Sullivan Dunlap | Executive Chairman of the Board | 894.0K | male |
| William J. Munn | Corporate Secretary, Chief Governance Officer & General Counsel | 434.2K | male |
| Matthew W. Dunlap | Chief Business Development Officer, President of Nelnet Financial Services & Director | 184.0K | male |
| Phil Morgan | Director of Investor Relations | — | male |
| Jackie Strohbehn | President of Nelnet Campus Commerce | — | female |
| Emily Olinger | Chief People Services Officer | — | female |
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No House trading activity found for this company.
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Community Opinion for NNI
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

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