Nelnet Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
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Finance: Consumer Services
Finance
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
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Nelnet, Inc. (the "Company") held its 2024 annual meeting of shareholders on May 16, 2024. At the meeting, the following proposals were submitted to a vote of our shareholders, with the voting results indicated below:
Proposal 1: Election of Directors. Our shareholders elected the following three Class I directors to hold office until the 2027 annual meeting of shareholders and until their successors have been duly elected or appointed.
| For | Against | Abstain | Broker Non-Votes | ||||||||||||||||||||
| Preeta D. Bansal | 127,440,567 | 161,831 | 600,920 | 1,228,344 | |||||||||||||||||||
| Michael S. Dunlap | 124,582,343 | 3,614,064 | 6,911 | 1,228,344 | |||||||||||||||||||
| Jona M. Van Deun | 123,435,352 | 4,166,610 | 601,356 | 1,228,344 | |||||||||||||||||||
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, 2024.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 129,298,496 | 96,570 | 36,596 | — | |||||||||||||||||
Proposal 3: 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 | |||||||||||||||||
| 127,827,846 | 328,323 | 47,149 | 1,228,344 | |||||||||||||||||
Proposal 4: Approval of an amended and restated Restricted Stock Plan. Our shareholders approved amendments to and a restatement of the Restricted Stock Plan (the "Plan") to (i) increase the number of shares of the Company's Class A common stock that may be issued under the Plan from a total of 4,000,000 shares to a total of 6,000,000 shares, (ii) remove the term of the Plan, and (iii) make certain other technical and administrative amendments to the Plan.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 125,737,674 | 182,701 | 2,282,943 | 1,228,344 | |||||||||||||||||
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed as part of this report:
Exhibit No. | Description | |||||||
| 10.1 | ||||||||
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and included as Exhibit 101). | |||||||
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: May 21, 2024 By: /s/ JAMES D. KRUGER
Name: James D. Kruger
Title: Chief Financial Officer