Form 4: NewtekOne CEO Barry Sloane Increases Stake in Company
SEC Form 4
Barry Sloane, Chairman and CEO of NewtekOne, Inc., recently acquired additional shares of the company's common stock through a series of transactions on May 19, 2025.
Summary
- On May 19, 2025, Barry Sloane, the Chairman and CEO of NewtekOne, Inc., purchased shares of the company's common stock.
- The transactions involved multiple purchases at prices ranging from $11.205 to $11.2685 per share.
- Sloane acquired a total of 11,500 shares through these transactions.
- Following these purchases, Sloane directly owns 1,190,459 shares of NewtekOne, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is a positive signal, but it's a routine transaction that doesn't necessarily indicate a major shift in the company's outlook.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal, indicating 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 important to consider the overall context of the company's performance and industry trends.
Stakeholder Impact
- Shareholders may view the CEO's stock purchase as a positive sign.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of the transactions where Barry Sloane purchased NewtekOne, Inc. common stock. |
| 05/20/2025 | Date of signature on the SEC Form 4 filing. |
Keywords
NewtekOne, Barry Sloane, stock purchase, common stock, insider trading, NEWT
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