tiprankstipranks
Advertisement
Advertisement

Santander Discloses Senior Executive’s Sale of ADRs on NYSE

Story Highlights
  • Banco Santander reported that senior executive David Hazell sold 12,538 ADRs at $10.95 each.
  • The disclosed sale reflects routine transparency and governance requirements for executive share dealings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santander Discloses Senior Executive’s Sale of ADRs on NYSE

Meet Samuel – Your Personal Investing Prophet

Banco Santander ( (ES:SAN) ) has shared an update.

Banco Santander disclosed a regulatory notification concerning a transaction by group senior executive vice-president David Arthur Hazell involving the bank’s American Depositary Receipts listed on the New York Stock Exchange. Hazell disposed of 12,538 Santander ADRs at a price of $10.95 per unit on 13 March 2026, in a move that forms part of routine transparency requirements for dealings by senior management in the bank’s listed securities.

The transaction underscores ongoing governance and disclosure practices at Santander, ensuring that trades by persons discharging managerial responsibilities are made public to the market. While the sale is modest relative to Santander’s overall market capitalization and trading volumes, such disclosures offer investors additional visibility into executive dealings and support compliance with market abuse and transparency regulations in key jurisdictions.

More about Banco Santander

Banco Santander, S.A. is a global banking group headquartered in Spain, operating across retail, commercial and corporate banking, as well as wealth management. The bank serves individuals, small and medium-sized enterprises and large corporations, with a significant international presence including listings of its shares and American Depositary Receipts on major exchanges such as the New York Stock Exchange.

For detailed information about SAN stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1