Form 4: NewtekOne CEO Barry Sloane Buys 5,000 Shares of Common Stock
SEC Form 4 Filing
NewtekOne's Chairman and CEO, Barry Sloane, acquired 5,000 shares of common stock at a price of $12.539 per share on June 17, 2024.
Summary
- On June 17, 2024, Barry Sloane, the Chairman and CEO of NewtekOne, Inc., purchased 5,000 shares of the company's common stock.
- The purchase price was $12.539 per share.
- Following this transaction, Barry Sloane directly owns 1,135,674 shares of NewtekOne common stock.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the CEO's stock purchase, which can be interpreted as a sign of confidence in the company's future. However, it's a single transaction and doesn't guarantee future performance.
Positives
- The CEO's purchase of shares may signal confidence in the company's future prospects.
Industry Context
Insider buying is often seen as a positive sign, suggesting that a company's leadership believes the stock is undervalued. However, it's just one factor to consider when evaluating a company's potential.
Stakeholder Impact
- Shareholders may view the CEO's stock purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of the transaction: Barry Sloane purchased 5,000 shares of NewtekOne common stock. |
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