Form 4: Director Acquires NewtekOne Shares

Director Fernando Perez-Hickman acquired 1,825 restricted shares of NewtekOne, Inc. common stock through an award under the 2023 Stock Incentive Plan.

Summary

• Director Fernando Perez-Hickman was granted 1,825 restricted shares of NewtekOne, Inc. common stock on June 16, 2026.
• This award is part of the Shareholder and Board approved NewtekOne, Inc. 2023 Stock Incentive Plan.
• The restricted shares vest 100% after 12 months.
• Dividends paid in common stock during the restricted period will also vest according to the same schedule.
• The reporting person acquired these shares at a price of $13.70 per share.
• Following this transaction, the reporting person beneficially owns 10,356 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it represents a standard compensation award to a director, indicating ongoing engagement and alignment with company performance.

Positives

• Director acquisition of shares signals confidence in the company's future prospects.
• The award is part of a shareholder and board-approved incentive plan, indicating established governance.
• Restricted stock awards with a 12-month vesting period align management's interests with long-term shareholder value.

Negatives

• The filing does not contain any negative financial or operational information.

Risks

• The value of the restricted shares is subject to market fluctuations and the company's future performance.
• Vesting is contingent on continued service, meaning the director could forfeit the award if employment ceases before the vesting date.

Future Outlook

The restricted stock award vests 100% after 12 months, indicating a forward-looking incentive tied to continued service and company performance over the next year. Dividends paid in common stock during the restricted period will also vest.

Industry Context

StockSavvy.ai notes that insider awards of restricted stock are a common practice in the financial services and technology sectors to align executive and director compensation with long-term shareholder value creation. This type of award is typical for companies seeking to retain key talent and incentivize performance.

Stakeholder Impact

• Shareholders: The award aligns director incentives with long-term company performance, potentially benefiting shareholders through improved governance and strategic decision-making.
• Employees: The existence of a stock incentive plan suggests a broader compensation strategy that may include employee participation, fostering a performance-driven culture.
• Management: The award is a form of compensation for the director's services.

Next Steps

• The restricted shares will vest 100% after 12 months from the grant date.
• Dividends paid in common stock during the restricted period will also vest according to the same schedule.

Key Dates

Keywords

NewtekOne, NEWT, Form 4, Insider Trading, Restricted Stock Award, Stock Incentive Plan, Director, Beneficial Ownership, Securities Exchange Act