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Santander Holdings USA gives Series I reporting notice

(Neutral)

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Form Type
15-12G

Rhea-AI Filing Summary

Santander Holdings USA, Inc. submitted a Form 15 certification and notice concerning termination of registration or suspension of reporting duties for its Depositary Shares, each representing a 1/40th interest in Series I Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock. The notice lists Series H Depositary Shares, each representing a 1/1,000th interest in the corresponding preferred stock, as a class for which reporting duties remain. Gerard A. Chamberlain, Executive Vice President and Senior Deputy General Counsel, signed for the company.

Series I depositary share interest 1/40th interest in one share Each Series I Depositary Share
Series H depositary share interest 1/1,000th interest in one share Each Series H Depositary Share
Series I par value $0.01 per share Series I preferred stock
Series H par value $0.01 per share Series H preferred stock
Fixed-Rate Reset financial
"Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock"
A fixed-rate reset is a feature of some bonds or preferred shares where the interest or dividend starts at a fixed rate for an initial period and then is re‑set at specific future dates to a new fixed rate based on market yields or a formula. It matters to investors because it combines the predictability of a fixed payment with periodic adjustments that reflect current interest rates, like a thermostat that keeps payments in line with prevailing market conditions and helps manage interest-rate risk.
Non-Cumulative Perpetual Preferred Stock financial
"Non-Cumulative Perpetual Preferred Stock, Series I"
Non-cumulative perpetual preferred stock is a type of investment that pays a fixed dividend forever, without a set end date. If the company skips some dividends in a year, you don’t get that money later, and it’s gone forever. It matters because investors get regular income but may miss out if the company faces financial trouble.
termination of registration under Section 12(g) regulatory
"termination of registration under Section 12(g)"

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 15

 

 

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION

UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934

OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number: 1-16581

 

 

Santander Holdings USA, Inc.

(Exact name of registrant as specified in its charter)

 

 

75 State Street

Boston, Massachusetts 02199

(800) 493-8219

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed-Rate Reset Non-Cumulative

Perpetual Preferred Stock, Series I, par value $0.01 per share

(Title of each class of securities covered by this Form)

Depositary Shares, Each Representing a 1/1,000th Interest in a Share of Fixed-Rate Reset Non-Cumulative

Perpetual Preferred Stock, Series H, par value $0.01 per share

(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)

 

 

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:

 

Rule 12g-4(a)(1)

   ☒

Rule 12g-4(a)(2)

   ☐

Rule 12h-3(b)(1)(i)

   ☒

Rule 12h-3(b)(1)(ii)

   ☐

Rule 15d-6

   ☐

Rule 15d-22(b)

   ☐

Approximate number of holders of record as of the certification or notice date:

Depositary Shares, Each Representing a 1/40th Interest in a Share of Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series I, par value $0.01 per share: Zero.

 

 
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, Santander Holdings USA, Inc. has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

 

   

Santander Holdings USA, Inc.

Date: October 26, 2026

   

By:

 

/s/ Gerard A. Chamberlain

     

Gerard A. Chamberlain

     

Executive Vice President and Senior Deputy General Counsel

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