NELNET INC

Ticker: NNI CUSIP: 64031N108 Class: Common Stock

Police & Firemen's Retirement System of New Jersey's Holding History (CIK: 0002040686)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 2,849 Value ($000) $379 Avg Close $130.83 Range $121.27 - $140.87

Q3 2025

Shares 3,694 Value ($000) $463 Avg Close $125.09 Range $117.92 - $136.17

Q2 2025

Shares 3,151 Value ($000) $382 Avg Close $111.69 Range $98.15 - $121.82

Q1 2025

Shares 3,151 Value ($000) $350 Avg Close $111.95 Range $101.88 - $122.91

Q4 2024

Shares 2,911 Value ($000) $311 Avg Close $110.54 Range $103.62 - $127.32

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,849	$379	$130.83	$121.27 - $140.87
Q3 2025	3,694	$463	$125.09	$117.92 - $136.17
Q2 2025	3,151	$382	$111.69	$98.15 - $121.82
Q1 2025	3,151	$350	$111.95	$101.88 - $122.91
Q4 2024	2,911	$311	$110.54	$103.62 - $127.32