---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-070444"
form_type: "8-K"
ticker: null
cik: "0001383094"
company_name: "SANTANDER DRIVE AUTO RECEIVABLES LLC"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T00:31:04.861052+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Santander Drive Auto Receivables Trust 2023-1 servicer changed to Santander Bank, N.A. effective April 1, 2025

## Summary
- Servicing transferred to SBNA (Santander Bank, N.A.) effective April 1, 2025; SBNA assumes role of servicer under Sale and Servicing Agreement.
- SBNA will service over 20 securitizations previously serviced by SC; handles billing, collections, repossession, and loss mitigation.
- Omnibus Amendment moves indemnity and repurchase obligations for servicer breaches from SC as servicer to SC in its individual capacity.
- No financial impact or rating action disclosed; transfer is part of SC's internal reorganization.

## SEC filing metadata
- accession: 0001193125-25-070444
- form_type: 8-K
- cik: 0001383094
- company_name: SANTANDER DRIVE AUTO RECEIVABLES LLC
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 6.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1383094/000119312525070444/0001193125-25-070444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1383094/000119312525070444/d915173d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-070444
- JSON: https://secwatch.observer/filing/0001193125-25-070444.json
- Plain text: https://secwatch.observer/filing/0001193125-25-070444.txt

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