---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-012673"
form_type: "8-K"
ticker: "SNUS-PI"
cik: "0000811830"
company_name: "Santander Holdings USA, Inc."
filed_at: "2026-08-20T10:09:26+00:00"
generated_at: "2026-08-20T10:10:08.730841+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Santander completes Webster acquisition; assumes debt, issues preferred

## Summary
- Per Webster share: 2.0548 Banco Santander ADs plus $48.75 cash; deal closed Aug 20, 2026.
- SHUSA assumed Webster Virginia's 4.100% Senior Notes due 2029, 5.784% Subordinated Notes due 2035, and SOFR+2.95% junior debentures due 2033.
- SHUSA issued 6,000 Series H (6M depositary shares) and 135,000 Series I (5.4M depositary shares) perpetual preferred.
- Webster Bank merged into Santander Bank; Webster Virginia merged into SHUSA, which continues as surviving holding company.

## SEC filing metadata
- accession: 0000950103-26-012673
- form_type: 8-K
- ticker: SNUS-PI
- cik: 0000811830
- company_name: Santander Holdings USA, Inc.
- filed_at: 2026-08-20T10:09:26+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/811830/000095010326012673/0000950103-26-012673-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/811830/000095010326012673/dp251673_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-012673
- JSON: https://secwatch.observer/filing/0000950103-26-012673.json
- Plain text: https://secwatch.observer/filing/0000950103-26-012673.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.