Form 4: NewtekOne CEO Boosts Stake with $100K Stock Purchase

NewtekOne's Chairman and CEO, Barry Sloane, acquired 10,000 shares of common stock on November 3, 2025, signaling strong confidence in the company's future.

Summary

• Barry Sloane, Chairman and CEO of NewtekOne, Inc. (NEWT), purchased a total of 10,000 shares of the company's common stock.
• All transactions occurred on November 3, 2025.
• The shares were acquired in five separate transactions of 2,000 shares each.
• Purchase prices ranged from $10.16 to $10.265 per share.
• Following these acquisitions, Sloane's direct beneficial ownership increased to 1,212,459 shares of NewtekOne common stock.

Sentiment

Score: 8

Explanation: The sentiment is positive due to significant insider buying by the Chairman and CEO, indicating strong confidence in the company's future performance and valuation.

Positives

• Chairman and CEO Barry Sloane's purchase of 10,000 shares demonstrates strong insider confidence in NewtekOne's current valuation and future prospects.
• The direct investment by a key executive aligns management's interests more closely with those of shareholders.

Negatives

• No negative information was disclosed in this Form 4 filing.

Risks

• No specific risks were mentioned in this Form 4 filing.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding NewtekOne's future performance.

Industry Context

Insider purchases, especially by a CEO, are generally viewed positively by the market as they can signal management's belief that the company's stock is undervalued or that significant positive developments are anticipated. This action by NewtekOne's CEO could be interpreted as a vote of confidence in the company's strategic direction within the financial services industry.

Related Party Transactions

• Chairman and CEO Barry Sloane, a related party, purchased 10,000 shares of NewtekOne common stock.

Stakeholder Impact

• Shareholders may view the CEO's increased stake as a positive signal, potentially boosting investor confidence and demand for the stock.
• Employees might perceive this as a sign of stability and positive future prospects for the company.

Key Dates

Recommendation

The direct purchase of 10,000 shares by NewtekOne's Chairman and CEO, Barry Sloane, is a strong signal of insider confidence. Such an action typically indicates that management believes the company's stock is undervalued or that significant positive developments are on the horizon, making it an attractive buying opportunity for investors.

Keywords

NewtekOne, NEWT, Barry Sloane, insider buying, stock purchase, CEO, director, common stock, SEC Form 4, executive ownership