SALUTE RICHARD J 4

What Happened
Director Richard J. Salute acquired 1,000 shares of NewtekOne, Inc. (NEWT) in an open-market purchase on May 7, 2026. The shares were bought at $13.47 each for a total cost of $13,470. This was a purchase (a net addition to his holdings), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date and price: 2026-05-07 — 1,000 shares at $13.47 per share (Total = $13,470).
• Transaction type/code: Open-market purchase (P).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plans: No 10b5-1 plan, tax withholding, or other special footnotes were indicated in the provided data.
• Filing timing: Form filed 2026-05-08 for a 2026-05-07 transaction — appears to have been filed promptly.

Context
Purchases by directors can signal confidence, but this is a relatively small trade in dollar terms. No additional disclosures (e.g., sales, option exercises, or plans) were noted in the excerpt, so interpret this as one piece of insider activity rather than a definitive indicator of company outlook.