[Form 4] NewtekOne, Inc. Insider Trading Activity

Rhea-AI Filing Summary

On July 1, 2025, Director Richard J. Salute filed a Form 4 reporting that on June 30, 2025 he received 2,283 restricted shares of NewtekOne, Inc. (NEWT) common stock under the shareholder-approved 2023 Stock Incentive Plan. The award is coded “A” (grant) at an indicated price of $10.95 per share and will vest 100 % after 12 months. Any dividends declared during the restricted period will be paid in additional common shares that follow the same vesting schedule. After this grant, Salute’s direct beneficial ownership increases to 41,505 shares. No derivative securities or open-market transactions were disclosed, and the filing was submitted solely by the reporting person.

Insights

Corporate Governance Expert

TL;DR: Routine incentive grant; aligns director’s interests but immaterial to share count or control.

The filing reflects a standard board-approved equity incentive. 2,283 shares represent a modest addition to Mr. Salute’s 41,505-share holding and do not alter governance dynamics or control thresholds. Full one-year vesting is consistent with typical retention plans. Because the grant stems from the existing 2023 Stock Incentive Plan, shareholder authorization is already in place, limiting dilution concerns. Overall governance impact is neutral.

Portfolio Manager

TL;DR: Insider awarded ≈$25k in stock; negligible to valuation, neutral trading signal.

The director did not deploy personal capital; instead, shares were granted by the company. At the referenced $10.95 price, the award value is roughly $25 k—immaterial versus daily trading volume and outstanding shares. With no accompanying purchase or sale, the filing offers limited insight into management’s market view. I see no immediate portfolio implications.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SALUTE RICHARD J

(Last) (First) (Middle)

4800 T-REX AVENUE

SUITE 120

(Street)

BOCA RATON FL 33431

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NewtekOne, Inc. [ NEWT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common stock	06/30/2025		A(1)		2,283	A	$10.95	41,505	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On June 30, 2025, under the Shareholder and Board approved NewtekOne, Inc. 2023 Stock Incentive Plan, the reporting person was granted 2,283 restricted shares of the Issuer's common stock as a restricted stock award with 100% of the shares vesting after 12 months. Dividends in the form of common stock will be paid during the restricted period, and such common stock will also vest pursuant to the vesting schedule.

Remarks:

	Richard Salute	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares did Director Richard J. Salute receive in the latest insider filing for NEWT?

2,283 restricted shares were granted on June 30, 2025.

When will the newly granted NEWT shares vest?

The award vests 100 % after 12 months from the June 30, 2025 grant date.

What is Richard J. Salute’s total beneficial ownership in NewtekOne after the transaction?

He now directly owns 41,505 common shares of NEWT.

Was the insider transaction an open-market buy or a stock grant?

It was a stock grant (Transaction Code “A”) under the 2023 Stock Incentive Plan.

Will dividends be paid on the restricted NEWT shares during the vesting period?

Yes, dividends will be paid in common stock and will vest on the same 12-month schedule.