Cestare Thomas David 4

What Happened Thomas D. Cestare, a director of NewtekOne, was granted 1,825 restricted shares of common stock (transaction coded as an award) with an attributable fair value of $13.70 per share, totaling $25,003. This was a compensation/retention award rather than an open-market purchase or sale.

Key Details

• Transaction/Report date: Form reports acquisition on 2026-06-25; grant noted as made on 2026-06-12 (per footnote).
• Shares granted: 1,825 restricted shares at $13.70 per share; total value reported $25,003.
• Vesting: 100% of the shares vest after 12 months (per plan/footnote).
• Dividends: Dividends during the restricted period will be paid in common stock and those shares will vest according to the vesting schedule.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed 2026-06-25; no late filing flag noted.

Context This was a restricted stock award under NewtekOne’s 2023 Stock Incentive Plan—these grants are typically compensation and subject to forfeiture until vesting, so they differ from open-market purchases as signals of immediate insider buying. No options were exercised and no shares were sold in this filing.