NewtekOne, Inc.
US ˙ NasdaqGM ˙ US6525262035

Introduction

This page provides a comprehensive analysis of the known insider trading history of Nicholas J Leger. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

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Companies with Reported Insider Positions

The SEC filings indicate Nicholas J Leger has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:NEWT / NewtekOne, Inc. Chief Accounting Officer 18,318
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Nicholas J Leger. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases NEWT / NewtekOne, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in NEWT / NewtekOne, Inc.. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Max		 Price at
Max		 Max
Profit ($)		 Max Return (%)
2023-10-20 NEWT Leger Nicholas J 185 13.4000 185 13.4000 2,479 14 15.6400 414 16.72
2023-10-20 NEWT Leger Nicholas J 17 13.7100 17 13.7100 233
2023-07-21 NEWT Leger Nicholas J 137 17.9200 137 17.9200 2,455
2023-07-21 NEWT Leger Nicholas J 4 17.9700 4 17.9700 72
2023-04-14 NEWT Leger Nicholas J 186 13.0500 186 13.0500 2,427
2023-04-14 NEWT Leger Nicholas J 5 21.8500 5 21.8500 109
2023-03-22 NEWT Leger Nicholas J 1,000 12.6900 1,000 12.6900 12,690
2022-12-30 NEWT Leger Nicholas J 638 16.2500 638 16.2500 10,368
2022-12-30 NEWT Leger Nicholas J 15 16.5400 15 16.5400 248
2022-09-30 NEWT Leger Nicholas J 568 16.3200 568 16.3200 9,270
2022-09-30 NEWT Leger Nicholas J 13 16.3300 13 16.3300 212
2022-06-30 NEWT Leger Nicholas J 139 18.9300 139 18.9300 2,631
2022-06-30 NEWT Leger Nicholas J 13 18.7300 13 18.7300 243
2022-03-31 NEWT Leger Nicholas J 84 26.7000 84 26.7000 2,243
2022-03-31 NEWT Leger Nicholas J 8 26.9400 8 26.9400 216
2021-12-30 NEWT Leger Nicholas J 127 27.3900 127 27.3900 3,479
2021-12-30 NEWT Leger Nicholas J 12 24.4530 12 24.4530 289
2021-09-30 NEWT Leger Nicholas J 104 27.7300 104 27.7300 2,884
2021-09-30 NEWT Leger Nicholas J 10 27.9700 10 27.9700 276
2021-06-30 NEWT Leger Nicholas J 63 34.9200 63 34.9200 2,200
2021-06-30 NEWT Leger Nicholas J 6 34.3040 6 34.3040 210
2021-03-31 NEWT Leger Nicholas J 87 26.7000 87 26.7000 2,323
2021-03-31 NEWT Leger Nicholas J 5 26.9990 5 26.9990 148

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

NEWT / NewtekOne, Inc. Insider Trades
Insider Sales NEWT / NewtekOne, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in NEWT / NewtekOne, Inc.. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date Ticker Insider Reported
Shares		 Reported
Price		 Adjusted
Shares		 Adjusted
Price		 Cost Basis Days to
Min		 Price at
Min		 Max Loss
Avoided ($)		 Max Loss
Avoided (%)
2023-12-04 NEWT Leger Nicholas J 5 13.8250 5 13.8250 69 105 10.1700 -18 -26.30
2021-12-06 NEWT Leger Nicholas J 4 29.8970 4 29.8970 120

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

NEWT / NewtekOne, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Nicholas J Leger as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2024-02-09 2023-12-04 5 NEWT NewtekOne, Inc.
Common stock 		S - Sale -5 18,318 -0.03 13.82 -69 253,246
2024-02-09 2023-10-20 5 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 17 18,318 0.09 13.71 233 251,140
2024-02-09 2023-10-20 5 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 185 18,318 1.02 13.40 2,479 245,461
2024-02-09 2023-07-21 5 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 4 18,318 0.02 17.97 72 329,174
2024-02-09 2023-07-21 5 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 137 18,318 0.75 17.92 2,455 328,259
2024-02-09 2023-04-14 5 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 5 18,318 0.03 21.85 109 400,248
2024-02-09 2023-04-14 5 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 186 18,318 1.03 13.05 2,427 239,050
2024-02-09 2023-02-15 5 NEWT NewtekOne, Inc.
Common stock 		F - Taxes -722 18,318 -3.79 20.39 -14,722 373,504
2023-03-22 2023-03-22 4 NEWT NewtekOne, Inc.
Common stock 		P - Purchase 1,000 18,493 5.72 12.69 12,690 234,676
2023-01-23 2022-12-30 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 15 17,493 0.09 16.54 248 289,334
2023-01-23 2022-12-30 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 638 17,493 3.79 16.25 10,368 284,261
2023-01-23 2022-09-30 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 13 17,493 0.07 16.33 212 285,661
2023-01-23 2022-09-30 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 568 17,493 3.36 16.32 9,270 285,486
2023-01-23 2022-06-30 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 13 17,493 0.07 18.73 243 327,644
2023-01-23 2022-06-30 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 139 17,493 0.80 18.93 2,631 331,142
2023-01-23 2022-03-31 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 8 17,493 0.05 26.94 216 471,261
2023-01-23 2022-03-31 5 NEWT NewtekOne, Inc.
Common Stock 		P - Purchase 84 17,493 0.48 26.70 2,243 467,063
2022-08-05 2022-08-04 4 NEWT Newtek Business Services Corp.
Common Stock 		A - Award 10,593 16,015 195.36
2022-01-12 2021-12-30 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 12 5,422 0.22 24.45 289 132,592
2022-01-12 2021-12-30 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 127 5,422 2.40 27.39 3,479 148,517
2022-01-12 2021-12-06 5 NEWT Newtek Business Services Corp.
Common stock 		S - Sale -4 5,422 -0.07 29.90 -120 162,111
2022-01-12 2021-09-30 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 10 5,422 0.18 27.97 276 151,662
2022-01-12 2021-09-30 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 104 5,422 1.96 27.73 2,884 150,361
2022-01-12 2021-06-30 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 6 5,422 0.11 34.30 210 186,007
2022-01-12 2021-06-30 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 63 5,422 1.18 34.92 2,200 189,347
2022-01-12 2021-03-31 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 5 5,422 0.10 27.00 148 146,397
2022-01-12 2021-03-31 5 NEWT Newtek Business Services Corp.
Common stock 		P - Purchase 87 5,422 1.63 26.70 2,323 144,776
2021-02-05 3 NEWT Newtek Business Services Corp.
Common Stock 		390
2021-02-05 2021-02-03 4 NEWT Newtek Business Services Corp.
Common stock 		A - Award 4,623 5,012 1,188.43
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)