Peter Downs compensation by year
NewtekOne Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $366,667 | $404,167 | $443,333 | $491,667 | $550,000 | $550,000 | $550,000 | $625,000 | $700,000 | $750,000 |
| Bonus | $125,000 | $200,000 | $250,000 | $125,000 | $100,000 | $250,000 | $250,000 | $0 | $0 | $100,000 |
| Stock awards | $89,634 | $0 | $225,000 | $30,000 | — | $250,000 | $375,000 | $0 | $255,000 | $0 |
| Option awards | $0 | $0 | $0 | $0 | — | — | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 | $0 |
| Pension and deferred compensation | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 | $0 |
| All other | $0 | $0 | $0 | — | — | — | $0 | $0 | $0 | $0 |
| Total | $581,301 | $604,167 | $918,333 | $646,667 | $650,000 | $1,050,000 | $1,175,000 | $625,000 | $955,000 | $850,000 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: NewtekOne, Inc. DEF 14A filed April 24, 2026, accession 0001628280-26-027133, and prior-year filings. Open the filing on EDGAR.
How this page was built: the NewtekOne, Inc. filed document, accession 0001628280-26-027133. Every figure is read from that document and cited to the page and table it appears in. Filed April 24, 2026.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 43,139 | $550,885 | — |
| RSU | 43,139 | $550,885 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in NewtekOne, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
Change-in-control & termination
estimated payments NewtekOne discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Involuntary termination without cause | $850,000 | — | — | $850,000 |
| Change in control and involuntary termination | $977,500 | — | — | $977,500 |
| Non renewal | $425,000 | — | — | $425,000 |
| Involuntary for cause | $0 | — | — | $0 |
| Disability | $0 | — | — | — |
| Death | $0 | — | — | — |
| Voluntary resignation | $0 | — | — | $0 |
| Resignation for good reason, no change in control | $850,000 | — | — | $850,000 |
Per the Potential Payments Upon Termination or Change in Control table in NewtekOne, Inc.'s FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
NewtekOne’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Barry Sloane | Chairman, Chief Executive Officer and President | $1,000,000 |
| Nicolas Young | Former President and Chief Operating Officer, Newtek Bank | $957,873 |
| Peter Downs · this page | President, Newtek Bank | $850,000 |
| Michael Schwartz | Chief Legal Officer and Corporate Secretary | $775,000 |
| M. Scott Price | Former Chief Financial Officer | $566,000 |
| Frank DeMaria | Chief Financial Officer | $558,000 |
Board service
NewtekOne board · FY2021–FY2025How this board is paid
Company policy: NewtekOne pays directors a $140,000 cash retainer and $25,000 in Restricted Stock. As stated in NewtekOne's FY2025 proxy.
Committees
Risk
The full NewtekOne compensation record
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Compensation, the day it’s disclosed
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are NewtekOne's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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