Form 4: NewtekOne Executive Granted Restricted Stock Award

Halli Razon-Feingold, SVP of Human Resources & CAO at NewtekOne, Inc., received a grant of 1,258 restricted common shares.

Summary

• Halli Razon-Feingold, a Director and SVP, Human Resources & CAO of NewtekOne, Inc. (NEWT), was granted 1,258 restricted shares of common stock.
• The grant occurred on January 14, 2026, under the Shareholder and Board approved NewtekOne, Inc. 2023 Stock Incentive Plan.
• These shares will vest 100% after twenty-four (24) months.
• Dividends in the form of common stock will be paid during the restricted period and will vest according to the same schedule.
• Following this transaction, Razon-Feingold beneficially owns 22,915 shares of common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The grant of restricted stock to a key executive is generally a positive sign, indicating management retention and alignment of interests with shareholders. It's a routine compensation event, not indicative of extraordinary positive or negative news, hence a moderately positive score.

Positives

• The grant of restricted stock aligns management's interests with shareholders, promoting long-term value creation.
• The 2023 Stock Incentive Plan indicates a structured approach to executive compensation and retention.
• The vesting schedule encourages long-term commitment from the executive.
• Dividends paid during the restricted period, vesting with the shares, further incentivizes holding the stock.

Negatives

• No direct negatives identified in this specific Form 4 filing.

Future Outlook

The grant of restricted stock with a 24-month vesting period suggests an expectation of continued executive tenure and performance contributing to the company's long-term success.

Industry Context

Executive stock grants are a common practice across various industries, particularly in financial services, to align management incentives with shareholder interests and to retain key talent. This grant is consistent with standard corporate compensation strategies.

Comparison to Industry Standards

• The use of restricted stock awards with multi-year vesting is a standard practice in executive compensation across the financial services industry, comparable to practices at companies like JPMorgan Chase & Co. or Bank of America, which frequently use equity awards to incentivize long-term performance.
• The 24-month vesting period is within typical industry ranges for such awards, which often vary from 2 to 5 years, ensuring a sustained commitment from the executive.
• The inclusion of dividend payments on restricted shares, which also vest, is a common feature designed to provide additional incentive and reflect the full economic benefit of ownership, similar to programs seen at many publicly traded companies.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with long-term company performance and value creation.
• Employees: May signal stability in executive leadership and a commitment to talent retention within the company.

Next Steps

• The granted shares will vest 100% after twenty-four (24) months from the grant date of January 14, 2026.
• Dividends on these restricted shares will be paid in common stock and will vest according to the same schedule.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving a restricted stock grant. While it signals management retention and alignment of interests, it does not present new information that would fundamentally alter the company's valuation or strategic outlook to warrant a 'buy' or 'sell' recommendation. Investors should continue to 'hold' based on broader company fundamentals and market conditions, as this specific filing is not a catalyst for significant price movement.

Keywords

NewtekOne, NEWT, Form 4, Restricted Stock, Stock Grant, Executive Compensation, Insider Transaction, Halli Razon-Feingold, Stock Incentive Plan, Corporate Governance