Form 4: NewtekOne CEO Barry Sloane Reports Stock Purchases
SEC Form 4 Filing
Barry Sloane, Chairman and CEO of NewtekOne, Inc., reported the acquisition of common stock through two transactions on May 15, 2024.
Summary
- On May 15, 2024, Barry Sloane, the Chairman and CEO of NewtekOne, Inc., reported purchasing shares of the company's common stock.
- The first transaction involved the acquisition of 428 shares at a price of $14.007 per share.
- The second transaction involved the acquisition of 9,572 shares at a price of $14.179 per share.
- Following these transactions, Sloane directly owns 1,130,674 shares of NewtekOne, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO purchasing shares is generally a good sign, but the document is simply a report of the transaction.
Positives
- The CEO's purchase of shares could be interpreted as a positive signal about the company's prospects.
Industry Context
Insider trading activity is always closely watched by investors as it can provide insights into management's view of the company's prospects.
Stakeholder Impact
- The stock purchase by the CEO could positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock purchase transactions by Barry Sloane |
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