Form 4: NewtekOne CFO Michael Scott Price Buys 2,000 Shares of Common Stock

NewtekOne's CFO, Michael Scott Price, recently purchased 2,000 shares of the company's common stock in two separate transactions on June 17, 2024.

Summary

• On June 17, 2024, Michael Scott Price, the Chief Financial Officer of NewtekOne, Inc. (NEWT), acquired 2,000 shares of common stock.
• The purchases were made in two separate transactions.
• In the first transaction, 1,000 shares were bought at a price of $12.605 per share.
• In the second transaction, 1,000 shares were bought at a price of $12.5798 per share.
• Following these transactions, Price directly owns 21,681 shares of NewtekOne common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The CFO's stock purchase could be seen as a vote of confidence, but it's a relatively small transaction and doesn't provide definitive insight into the company's overall health.

Positives

• The CFO's purchase of company stock could be interpreted as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's valuation and future.

Stakeholder Impact

• Shareholders may view the CFO's stock purchase as a positive sign, potentially increasing investor confidence.

Key Dates