secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001628280-26-003992
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne elects Thomas Cestare to Board of Directors, expands board to eight
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- Board increased from seven to eight directors; Cestare elected as Class I director, term through 2027 annual meeting.
- Cestare is partner and COO of Patriot Financial Partners, over 35 years banking experience (former CFO Beneficial Bancorp, former KPMG partner).
- Cestare's election follows prior related-party transaction: Patriot exchanged Series A Preferred + $10M cash for 2.3M common shares in Sept 2025.
- Cestare will receive standard director fees and serve on the Audit Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026003992/0001628280-26-003992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026003992/newt-20260129.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-003992

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