Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-25

NewtekOne, Inc. (NEWT)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,000,000
Barry Sloane total, FY2025
CEO pay percentile vs peers
10.5:1
CEO-to-median pay ratio
89.18%
Say-on-pay support, latest vote
Companies that benchmark against NEWT
2 companies name NEWT as a compensation peer

Each company listed discloses NEWT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NEWT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Barry Sloane$1,000,000$0$0$0$0$0$0$1,000,000
Chairman, Chief Executive Officer and President
Nicolas Young700,000257,87300000957,873
Former President and Chief Operating Officer, Newtek Bank
Peter Downs750,000100,00000000850,000
President, Newtek Bank
Michael Schwartz625,000150,00000000775,000
Chief Legal Officer and Corporate Secretary
M. Scott Price433,000133,33300000566,000
Former Chief Financial Officer
Frank DeMaria433,000125,00000000558,000
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Barry Sloane$1,000,000$846,000$700,000+154,000
Nicolas Young957,8731,005,000650,000−47,127
Peter Downs850,000955,000625,000−105,000
Michael Schwartz775,000918,000450,000−143,000
M. Scott Price566,000643,000859,733−77,000
Frank DeMaria558,000761,000399,000−203,000

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Richard SaluteDirector2026-05-07A1,000$13$13,470CommonForm 4 ↗
Gregory ZinkDirector2026-05-08A1,0001413,870CommonForm 4 ↗
Craig BrunetDirector2026-05-15A330134,198CommonForm 4 ↗
Peter DownsDirector2026-05-26A737149,994CommonForm 4 ↗
Craig BrunetDirector2026-06-03A1,0001312,696CommonForm 4 ↗
Frank DeMariaCheif Financial Officer2026-06-15A500146,958CommonForm 4 ↗
Barry SloaneDirector2026-06-15A5,0001471,000CommonForm 4 ↗
Barry SloaneDirector2026-06-15A5,0001470,995CommonForm 4 ↗
Barry SloaneDirector2026-06-15A5,0001471,000CommonForm 4 ↗
Barry SloaneDirector2026-06-15A1,0001414,265CommonForm 4 ↗
Richard SaluteDirector2026-06-16A1,8251425,003CommonForm 4 ↗
Gregory ZinkDirector2026-06-16A1,8251425,003CommonForm 4 ↗
Fernando Perez-HickmanDirector2026-06-16A1,8251425,003CommonForm 4 ↗
Craig BrunetDirector2026-06-16A1,8251425,003CommonForm 4 ↗
Thomas CestareDirector2026-06-25A1,8251425,003CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Barry SloaneRSU73,703$836,529
Frank DeMariaRSU30,052341,090
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation programs are designed to attract and retain key employees and to motivate them to achieve, and reward them for achieving, superior performance. Different programs are geared to shorter- and longer-term performance, with the goal of increasing shareholder value over the long-term.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1215,032,4571,824,592215,40789.18%Passed
20252025-06-1312,795,5951,948,335270,56986.79%Passed
20242024-06-1413,060,1341,384,677248,44990.41%Passed
20232023-06-149,449,516654,290330,92693.52%Passed
20162016-07-276,625,947233,39898,08595.24%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-1289.18%a
20252025-06-1386.79%b
20242024-06-1490.41%c

a. Approved under the standard stated in the filing — “Proposal III -- Advisory Vote on Compensation of Named Executive Officers Affirmative vote of a majority of the votes cast at the Annual Meeting No Abstentions and broker non-votes will not be counted as votes cast and will have no effect on the result of the vote.”.

b. Approved under the standard stated in the filing — “Proposal III -- Advisory Vote on Compensation of Named Executive Officers Affirmative vote of a majority of the votes cast at the Annual Meeting No Abstentions and broker non-votes will not be counted as votes cast and will have no effect on the result of the vote.”.

c. Approved under the standard stated in the filing — “Proposal III -- Advisory Vote on Compensation of Named Executive Officers Affirmative vote of a majority of the votes cast at the Annual Meeting No Abstentions and broker non-votes will not be counted as votes cast and will have no effect on the result of the vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)10.5 : 1
CEO total compensation$1,000,000
Median employee compensation$95,000
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard SaluteIndependent · Audit (Chair) · Nominating/Governance · Risk · Technology Steering$140,000$25,000$0$0$0$165,000
Fernando Perez-HickmanIndependent · Audit · Nominating/Governance · Risk (Chair)140,00025,000000165,000
Craig BrunetIndependent · Nominating/Governance · Technology Steering (Chair)140,00025,000000165,000
Gregory ZinkIndependent · Audit · Nominating/Governance (Chair) · Risk · Technology Steering140,00025,000000165,000
Salvatore F. MuliaIndependent · Departed during FY35,00000035,000
Peter DownsEmployee director · Risk00000
Barry SloaneEmployee director · Board Chair · Risk00000
Halli Razon-FeingoldEmployee director00000
Thomas CestareIndependent · Audit · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$140,000
Annual equity retainer$25,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$595,000
Equity awards (grant-date value)$100,000
All other compensation$0
Total cost of the board$695,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NewtekOne, Inc.2025Barry Sloane$1,000,000$0$0$0$1,000,000

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Barry SloaneDEF 14A2026-04-240001628280-26-027133Section “2025 Summary Compensation Table”. As printed: 1,000,000. Filing ↗machine: t16 · r3 · c3 · span 328723–328732
2Section 01, Nicolas YoungDEF 14A2026-04-240001628280-26-027133Section “2025 Summary Compensation Table”. As printed: 957,873. Filing ↗machine: t22 · r24 · c23 · span 539348–539355
3Section 01, Peter DownsDEF 14A2026-04-240001628280-26-027133Section “2025 Summary Compensation Table”. As printed: 850,000. Filing ↗machine: t22 · r7 · c23 · span 490008–490015
4Section 01, Michael SchwartzDEF 14A2026-04-240001628280-26-027133Section “2025 Summary Compensation Table”. As printed: 775,000. Filing ↗machine: t22 · r11 · c23 · span 502272–502279
5Section 01, M. Scott PriceDEF 14A2026-04-240001628280-26-027133Section “2025 Summary Compensation Table”. As printed: 566,000. Filing ↗machine: t22 · r20 · c22 · span 527434–527441
6Section 01, Frank DeMariaDEF 14A2026-04-240001628280-26-027133Section “2025 Summary Compensation Table”. As printed: 558,000. Filing ↗machine: t22 · r15 · c23 · span 514259–514266
7Section 07, pay ratioDEF 14A2026-04-240001628280-26-027133Section “CEO Pay Ratio”. As printed: 10.5 : 1. Filing ↗machine: span 277675–277684
8Section 08, Richard SaluteDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 165,000. Filing ↗machine: t14 · r4 · c12 · span 266943–266950
9Section 08, Fernando Perez-HickmanDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 165,000. Filing ↗machine: t14 · r5 · c12 · span 269087–269094
10Section 08, Craig BrunetDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 165,000. Filing ↗machine: t14 · r6 · c12 · span 271171–271178
11Section 08, Gregory ZinkDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 165,000. Filing ↗machine: t14 · r3 · c12 · span 264688–264695
12Section 08, Salvatore F. MuliaDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 35,000. Filing ↗machine: t14 · r8 · c2 · span 272978–272984
13Section 08, Peter DownsDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Barry SloaneDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Halli Razon-FeingoldDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, Thomas CestareDEF 14A2026-04-240001628280-26-027133Section “Director Compensation”. As printed: 0. Filing ↗
17Section 02, Richard Salute 2026-05-07Form 42026-05-080001235974-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Gregory Zink 2026-05-08Form 42026-05-110001702555-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Craig Brunet 2026-05-15Form 42026-05-180001628280-26-035819Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Peter Downs 2026-05-26Form 42026-05-260001628280-26-037967Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Craig Brunet 2026-06-03Form 42026-06-040001628280-26-040637Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Frank DeMaria 2026-06-15Form 42026-06-150001628280-26-043091Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Barry Sloane 2026-06-15Form 42026-06-150001628280-26-043047Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Barry Sloane 2026-06-15Form 42026-06-150001628280-26-043047Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Barry Sloane 2026-06-15Form 42026-06-160001628280-26-043433Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Barry Sloane 2026-06-15Form 42026-06-150001628280-26-043047Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Richard Salute 2026-06-16Form 42026-06-180001628280-26-044417Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Gregory Zink 2026-06-16Form 42026-06-180001628280-26-044401Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Fernando Perez-Hickman 2026-06-16Form 42026-06-180001628280-26-044387Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Craig Brunet 2026-06-16Form 42026-06-180001628280-26-044383Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Thomas Cestare 2026-06-25Form 42026-06-250001628280-26-045579Insider equity transaction reported since the proxy statement. Filing ↗
32Section 06, 2026 voteForm 8-K2026-06-150001628280-26-043167Item 5.07 · say-on-pay result. As reported: 89.18% (votes for as printed: 15,032,457). Filing ↗
33Section 06, 2025 voteForm 8-K2025-06-160001587987-25-000109Item 5.07 · say-on-pay result. As reported: 86.79% (votes for as printed: 12,795,595). Filing ↗
34Section 06, 2024 voteForm 8-K2024-06-180001587987-24-000135Item 5.07 · say-on-pay result. As reported: 90.41% (votes for as printed: 13,060,134). Filing ↗
35Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
36Section 09b board cost (computed)ComputedcomputedCash 595,000 + equity 100,000 + all other 0 = 695,000, summed across the director compensation table rows.machine: formula: Σ = 695,000
37NewtekOne, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-240001628280-26-027133CEO total compensation as printed in NewtekOne, Inc.'s own proxy. As printed: 1,000,000. Filing ↗machine: t16 · r3 · c3 · span 328723–328732