NewtekOne, Inc. (NEWT) Form 8-K — Aug 14, 2026
NewtekOne, Inc. disclosed an amendment to the employment agreement of CFO Frank DeMaria, effective August 16, 2026, that entitles him to a severance payment equal to one times his Annual Base Compensation if he is terminated without Just Cause. All other terms of the underlying employment agreement, dated April 1, 2026 and previously filed with the Q2 2026 10-Q, remain unchanged; the amendment itself will be filed as an exhibit to the upcoming 10-Q for the quarter ending September 30, 2026.
Key figures
- Severance multiple
- 1x Annual Base Compensation
- Amendment effective date
- August 16, 2026
- Employment agreement date
- April 1, 2026
Price after filing
Close on the filing date to close N calendar days later (from $13.02). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.