Form 4: NewtekOne Chief Lending Officer Peter Downs Acquires 750 Shares
SEC Form 4 Filing
Peter Downs, Chief Lending Officer of NewtekOne, Inc., purchased 750 shares of common stock at $12.93 per share on December 23, 2024.
Summary
- On December 23, 2024, Peter Downs, the Chief Lending Officer of NewtekOne, Inc. (NEWT), acquired 750 shares of the company's common stock.
- The purchase price was $12.93 per share.
- Following the transaction, Downs directly owns 92,129 shares of NewtekOne, Inc.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. An officer purchasing shares suggests confidence, but it's a relatively small transaction.
Positives
- The purchase of shares by a company officer can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This filing indicates a purchase by a key officer, which is generally viewed as a positive sign.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholders, as it signals confidence from a company insider.
Key Dates
| Date | Description |
|---|---|
| 12/23/2024 | Date of transaction: Peter Downs purchased 750 shares of NewtekOne, Inc. common stock. |
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