Form 4: NewtekOne, Inc. Executive Nicolas Young Acquires 500 Shares of Common Stock
SEC Form 4 Filing
Nicolas Young, President of Newtek Bank, N.A., purchased 500 shares of NewtekOne, Inc. common stock at a price of $13.23 per share on May 22, 2024.
Summary
- On May 22, 2024, Nicolas Young, President of Newtek Bank, N.A., acquired 500 shares of NewtekOne, Inc. common stock.
- The purchase price was $13.23 per share.
- Following the transaction, Young directly owns 30,691 shares of NewtekOne, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock purchase by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder confidence as it indicates an executive's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Nicolas Young purchased 500 shares of NewtekOne, Inc. common stock. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
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