SAN Form 144 filing for 100,000 ADS at $1.015M aggregate value

Rhea-AI Filing Summary

Banco Santander, S.A. (SAN) reported a Form 144 notice for a proposed sale of up to 100,000 American Depositary Shares (ADS), each representing one ordinary share. The filing lists an aggregate market value of $1,015,000 and an approximate sale date of November 3, 2025. The ADS are expected to be sold on the NYSE, with JP Morgan Securities named in the broker field.

The securities were acquired via stock grants from the issuer: 24,878 ADS on February 23, 2021 and 75,122 ADS on January 28, 2022. This filing is a notice under Rule 144 and relates to potential secondary sales by the holder.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
American Depositary Shares, each representing the right to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each	Timothy J Hanson JP Morgan Securities 925 Westchester Avenue, Suite 302 West Harrison NY 10604	100000	1015000.00	15152492322	11/03/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
American Depositary Shares, each representing the right toreceive one Share of Capital Stock of Banco Santander,S.A., par value euro 0.50 each	02/23/2021	Stock Grant	Issuer			24878	02/23/2021	N/A
American Depositary Shares, each representing the right toreceive one Share of Capital Stock of Banco Santander,S.A., par value euro 0.50 each	01/28/2022	Stock Grant	Issuer			75122	01/28/2022	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Banco Santander (SAN) disclose in this Form 144?

A proposed sale of up to 100,000 ADS, each representing one ordinary share of Banco Santander.

What is the aggregate market value of the ADS to be sold?

The filing lists an aggregate market value of $1,015,000.

When is the approximate sale date for the SAN ADS?

The filing indicates an approximate sale date of November 3, 2025.

On which exchange may the ADS be sold?

The notice identifies the NYSE as the exchange.

Who is the broker named in the filing?

The broker field names JP Morgan Securities.

How were the securities originally acquired?

They were acquired via stock grants from the issuer: 24,878 ADS on 02/23/2021 and 75,122 ADS on 01/28/2022.

What does a Form 144 filing indicate for SAN?

It is a Rule 144 notice of proposed secondary sales by a holder; it is not an issuance by the company.