Santander discloses deferred share award to senior executive

The latest announcement is out from Banco Santander ( (ES:SAN) ).

Banco Santander disclosed a management-related share transaction involving group Senior Executive Vice-President Daniel Barriuso, in line with regulatory requirements for reporting dealings by persons discharging managerial responsibilities. The transaction consisted of 8,522 ordinary shares granted free of charge under the bank’s deferred variable remuneration plan for 2022, with delivery executed on 24 February 2026, highlighting the ongoing use of equity-based incentives to align senior executives’ interests with shareholder value.

The shares, with a nominal value of €0.50 and ISIN ES0113900J37, were delivered at an opening market price of €10.848 on the settlement date, reflecting the current valuation underpinning the incentive award. While the notification is largely procedural, it underscores Santander’s adherence to transparency rules in European capital markets and illustrates how long-term, deferred share awards form a key component of compensation structures for top management at major listed banks.

More about Banco Santander

Banco Santander is a global banking group headquartered in Spain, operating across retail, commercial and investment banking. It provides services including deposits, loans, payments, wealth management and corporate finance, with a strong presence in Europe and Latin America and a strategic focus on diversified, large-scale financial services.

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