---
schema_version: "secwatch.filing_event.v1"
accession: "0001587987-23-000116"
form_type: "8-K"
ticker: "NEWT"
cik: "0001587987"
company_name: "NewtekOne, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:40:37.132100+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# NewtekOne appoints M. Scott Price as CFO; $400k base plus bonus and equity

## Summary
- M. Scott Price, 45, named CFO of NewtekOne and Newtek Bank, effective May 16, 2023.
- Prior role: EVP senior finance executive at First Horizon Corp; also CAO at IBERIABANK.
- Base salary $400,000; guaranteed prorated cash bonus of $133,333.33 for 2023.
- Eligible for $300,000 stock award under 2023 Stock Incentive Plan, subject to plan effectiveness.
- Employment agreement includes severance for termination without cause, good reason resignation, or change of control.

## SEC filing metadata
- accession: 0001587987-23-000116
- form_type: 8-K
- ticker: NEWT
- cik: 0001587987
- company_name: NewtekOne, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000116/0001587987-23-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000116/newt-20230516.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001587987-23-000116
- JSON: https://secwatch.observer/filing/0001587987-23-000116.json
- Plain text: https://secwatch.observer/filing/0001587987-23-000116.txt

## Key facts
- Executive change
  M. Scott Price was appointed as Chief Financial Officer at NewtekOne, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On May 16, 2023, NewtekOne, Inc. (“NewtekOne” or the “Company”) and its subsidiary Newtek Bank, N.A. (the “Bank”) appointed M. Scott Price, age 45, as the Company’s and the Bank’s Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1587987/000158798723000116/0001587987-23-000116-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.