Banco Santander (SAN) Form 144 lists ADS resales tied to equity compensation

Rhea-AI Filing Summary

Banco Santander, S.A. submitted Form 144 reporting proposed resales of American Depositary Shares (ADS). The filing lists multiple proposed ADS resales executed through Fidelity Brokerage Services LLC, described as equity compensation transactions with example quantities of 3,455 and 3,994 ADS. Dates shown include 02/27/2025 and 03/13/2026.

Insights

Equity Capital Markets Analyst

Routine Form 144 notice for ADS resales tied to equity compensation.

The excerpt lists proposed resales of American Depositary Shares via Fidelity Brokerage Services LLC, labeled as equity compensation and showing example quantities of 3,455 and 3,994 ADS with dates 02/27/2025 and 03/13/2026

These notices are administrative disclosures of proposed sales; cash‑flow treatment and aggregate offering totals are not provided in the excerpt. Subsequent SEC filings or broker reports would show completed transactions and actual proceeds.

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	Fidelity Brokerage Services LLC PO Box 28019 Albuquerque NM 87125-8019	3455	39283.35	14689319502	03/13/2026	NYSE
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	Fidelity Brokerage Services LLC PO Box 28019 Albuquerque NM 87125-8019	3994	45411.78	14689319502	03/13/2026	NYSE
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	Fidelity Brokerage Services LLC PO Box 28019 Albuquerque NM 87125-8019	5089	57861.93	14689319502	03/13/2026	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 to receive one Share of Capital Stock of Banco Santander, S.A., par value euro 0.50 each	02/27/2025	Equity compensation	Issuer			3455	02/27/2025	Compensation
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	02/27/2025	Equity compensation	Issuer			3994	02/27/2025	Compensation
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	02/27/2025	Equity compensation	Issuer			5089	02/27/2025	Compensation

* 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 does Banco Santander's Form 144 for SAN mean?

It notifies the SEC of proposed resale of American Depositary Shares by an affiliate. The filing lists amounts (e.g., 3,455 and 3,994 ADS) and identifies the transactions as equity compensation on 02/27/2025 and 03/13/2026.

How many ADS does the filing list for proposed resale?

The excerpt shows example lots of ADS including 3,455 and 3,994. These figures appear as proposed resale quantities through Fidelity Brokerage Services LLC and are described as tied to equity compensation.

Who is the broker handling the proposed ADS sales in the Form 144?

The filing identifies Fidelity Brokerage Services LLC as the broker for the listed ADS lots. Broker contact details and the exchange designation (NYSE) appear in the excerpt alongside the amounts and dates.

Does the Form 144 excerpt state proceeds or aggregate offering totals?

No aggregate proceeds or total offering amounts are given in the provided excerpt. The notice lists individual ADS quantities and dates but does not disclose aggregate proceeds or whether sales were completed.