SALUTE RICHARD J 4
4 · NewtekOne, Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
NewtekOne (NEWT) Director Richard J. Salute Receives Award
What Happened
Richard J. Salute, a director of NewtekOne, was granted 1,825 restricted shares of common stock (transaction coded as an award) with an indicated per-share value of $13.70, for a total grant value of $25,003. The Form 4 reports the acquisition on 2026-06-16 (report filed 2026-06-18).
Key Details
- Transaction type: Restricted stock award (code A) — 1,825 shares acquired.
- Reported transaction date: 2026-06-16; grant date per footnote: 2026-06-12.
- Reported value: $13.70 per share; total $25,003.
- Vesting: 100% of the shares vest after 12 months (per footnote).
- Dividends: Dividends during the restricted period will be paid in common stock and such shares will vest according to the vesting schedule.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Reported on 2026-06-18 for the 6/16 transaction (no late filing indicated).
Context: This is a compensation/retention award (restricted stock) rather than an open-market purchase or sale. Such grants are common for directors and typically vest over time; they do not by themselves indicate the insider's market view.
Insider Transaction Report
Form 4
NewtekOne, Inc.NEWT
SALUTE RICHARD J
Director
Transactions
- Award
Common Stock
[F1]2026-06-16$13.70/sh+1,825$25,003→ 47,597 total
Footnotes (1)
- [F1]On June 12, 2026, under the Shareholder and Board approved NewtekOne, Inc. 2023 Stock Incentive Plan, the reporting person was granted 1,825 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.
Signature
Richard Salute|2026-06-18