{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-371544","form_type":"8-K","ticker":"SNUS-PI","cik":"0000811830","company_name":"Santander Holdings USA, Inc.","filed_at":"2026-08-27T21:14:49+00:00","discovered_at":"2026-08-27T21:16:00.408600+00:00","generated_at":"2026-08-27T21:16:11.924857+00:00","sec_items":["3.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Santander Holdings issues $500M Series J preferred stock to parent BSSA","bullets":["Issued 500,000 shares of Series J preferred at $1,000 liquidation preference ($500M total) to Banco Santander on Aug 27, 2026.","Non-cumulative dividend rate 7.271% until Dec 21, 2031, then resets to 5-yr Treasury plus 2.979% quarterly.","No maturity; redeemable at company's option on/after Dec 21, 2031 or within 90 days of a regulatory capital event, subject to Fed approval.","Shares sold in private placement exempt under Section 4(a)(2); Articles of Amendment filed in Virginia creating 500,000 authorized Series J shares.","BSSA has no right to require redemption; proceeds support capital without listing new series on NYSE."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-371544","json":"https://secwatch.observer/filing/0001193125-26-371544.json","markdown":"https://secwatch.observer/filing/0001193125-26-371544.md","text":"https://secwatch.observer/filing/0001193125-26-371544.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/811830/000119312526371544/0001193125-26-371544-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/811830/000119312526371544/d430633d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-27T21:16:11.924857+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}