secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2025-01-03T23:59:59+00:00
Accession:  0001587987-25-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne amends CEO Barry Sloane's employment agreement; base salary set at $1.0M, term extended to Mar 2026
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- Amendment effective Jan 1, 2025, sets annual base compensation at $1.0 million.
- Employment term extended through March 31, 2026.
- Other terms and conditions of the April 2024 Employment Agreement unchanged.
- Barry Sloane remains CEO, President, and Chairman; no departure or replacement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000158798725000004/0001587987-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000158798725000004/newt-20250103.htm
  HTML page:      https://secwatch.observer/filing/0001587987-25-000004

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