# EDGAR Filing Document

**Accession Number:** 0001258602
**File Stem:** 0001258602-26-000002
**Filing Date:** 2026-1
**Character Count:** 7081
**Document Hash:** e687dc0533615b5bbd0f5833c3f9c87a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001258602-26-000002.hdr.sgml**: 20260115

**ACCESSION NUMBER**: 0001258602-26-000002

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20260115

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260115

**DATE AS OF CHANGE**: 20260115

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NELNET INC
- **CENTRAL INDEX KEY:** 0001258602
- **STANDARD INDUSTRIAL CLASSIFICATION:** PERSONAL CREDIT INSTITUTIONS [6141]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 840748903
- **STATE OF INCORPORATION:** NE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-31924
- **FILM NUMBER:** 26536460

**BUSINESS ADDRESS:**
- **STREET 1:** 121 SOUTH 13TH ST
- **STREET 2:** STE 201
- **CITY:** LINCOLN
- **STATE:** NE
- **ZIP:** 68508
- **BUSINESS PHONE:** 402-458-2370

**MAIL ADDRESS:**
- **STREET 1:** 121 SOUTH 13TH ST
- **STREET 2:** STE 201
- **CITY:** LINCOLN
- **STATE:** NE
- **ZIP:** 68508

?xml version='1.0' encoding='ASCII'? nni-20260115

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported)

**January 15, 2026**

![Nelnet_Logo_color1.jpg](nni-20260115_g1.jpg)

**NELNET, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Nebraska** | **001-31924** | **84-0748903** |
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |

---

---

| | | |
|:---|:---|:---|
| **121 South 13th Street, Suite 100** | **121 South 13th Street, Suite 100** | |
| **Lincoln,** | **Nebraska** | **68508** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Zip Code) |

---

Registrant's telephone number, including area code **(402) 458-2370**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

(17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

(17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol | Name of each exchange on which registered |
| Class A Common Stock, Par Value $0.01 per Share | NNI | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company&nbsp;&nbsp;&nbsp;&nbsp;☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;☐

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**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

On January 15, 2026, Tim Tewes, President of Nelnet, Inc. (the "Company") and Chief Executive Officer of Nelnet Business Services, Inc., a subsidiary of the Company, notified the Company of his intention to retire effective June 30, 2026. Following his retirement from the Company, Mr. Tewes will continue to serve on the Nelnet Bank Board of Directors.

A copy of the Company's press release announcing Mr. Tewes's planned retirement is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The above information and Exhibit 99.1 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act"), nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

**Item 9.01 Financial Statements and Exhibits.**

(d) Exhibits. The following exhibit is furnished as part of this report:

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1\* | <u>[Press Release dated January 15, 2026 - "](exh991pressrelease.htm)[Nelnet Announces Retirement of President Tim Tewes](exh991pressrelease.htm)["](exh991pressrelease.htm)</u> |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and included as Exhibit 101). |

---

\* Furnished herewith

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

NELNET, INC.

Date: January 15, 2026&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By:&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ JAMES D. KRUGER</u> 

Name:&nbsp;&nbsp;&nbsp;&nbsp;James D. Kruger

Title:&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer

## Exhibit 99.1

**Nelnet Announces Retirement of President Tim Tewes**

Lincoln, Neb., January 15, 2026 — Nelnet (NYSE: NNI) today announced that Tim Tewes, president of Nelnet and chief executive officer (CEO) of Nelnet Business Services (NBS), will retire in June after more than 25 years of dedicated service.

Tewes joined Nelnet in 2005 following the acquisition of FACTS Management, where he served as Executive Vice President. He became CEO of NBS in 2007 and assumed the role of Nelnet President in 2014. Throughout his tenure, Tewes played a pivotal role in Nelnet's growth and diversification, leading strategic acquisitions, expanding product offerings, and championing exceptional customer experiences.

Under his leadership, FACTS and Nelnet Campus Commerce became market leaders in education payment solutions, and Nelnet successfully launched Nelnet Bank—a milestone shaping the company's future in consumer lending.

"Tim's thoughtful approach and unwavering integrity have left a lasting mark on Nelnet," said Mike Dunlap, Executive Chairman. "We are grateful for his leadership and wish him the very best in retirement."

Tewes will continue to serve on the Nelnet Bank Board of Directors.

<br>