Form 4: NewtekOne Director Salvatore Francis Mulia Reports Gift of Common Stock
SEC Form 4 Filing
Director Salvatore Francis Mulia reported gifting 200 shares of NewtekOne, Inc. common stock to family members on August 15, 2024.
Summary
- On August 15, 2024, Salvatore Francis Mulia, a director of NewtekOne, Inc., gifted a total of 200 shares of common stock to family members.
- The transactions were reported on a Form 4 filing with the SEC.
- The shares were gifted at a price of $12.17 per share.
- Following the transactions, Mulia directly owns 46,041 shares of NewtekOne, Inc.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a gift of stock. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and 10% owners) of publicly traded companies, providing transparency into their transactions in the company's stock.
Related Party Transactions
- The gift of stock to family members constitutes a related party transaction.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it involves a small number of shares being gifted.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of the stock gift transaction |
| 08/16/2024 | Date of signature on the Form 4 filing |
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