Form 4: NewtekOne Director Gregory L. Zink Acquires 1,000 Shares of Common Stock

Director Gregory L. Zink purchased 1,000 shares of NewtekOne, Inc. (NEWT) common stock at a price of $12.92 per share on June 17, 2024.

Summary

• On June 17, 2024, Gregory L. Zink, a director of NewtekOne, Inc. (NEWT), acquired 1,000 shares of common stock.
• The purchase price was $12.92 per share.
• Following the transaction, Zink directly owns 29,085 shares of NewtekOne common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the purchase is relatively small and doesn't provide a strong signal.

Positives

• A director's purchase of company stock can be seen 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 insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency to the market and allow investors to track insider activity, which can sometimes offer insights into a company's prospects.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates