secwatch.observer — SEC 8-K summary
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Issuer:     NewtekOne, Inc. (NEWT)
CIK:        0001587987
Form:       8-K
Filed at:   2026-04-03T23:59:59+00:00
Accession:  0001628280-26-023604
Event type: leadership
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NewtekOne renews employment agreements for CEO, CFO, CLO, bank president for one year
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- April 1, 2026: renewed agreements with CEO Barry Sloane, CFO Frank DeMaria, CLO Michael Schwartz, and Newtek Bank president Peter Downs.
- Terms for Sloane remain identical to prior agreement filed March 2025.
- Downs, Schwartz, DeMaria agreements include new non-renewal payment equal to one year base compensation; other terms unchanged.
- Full agreements will be filed in next quarterly report on Form 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026023604/0001628280-26-023604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587987/000162828026023604/newt-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-023604

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer