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International Bancshares (IBOC) director Sanchez disposed of 50,000 shares

ByQuantisnow·Wall Street's wire, on your screen.
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Insider transactions reported

Antonio R Sanchez Jr (director at International Bancshares Corporation, IBOC) reported that they disposed of 50,000 shares on Mar 15, 2023. After these transactions the filing shows 1,482,245 shares held indirectly (Held in Trust).

Reporting person
Sanchez Antonio R Jr
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Mar 15, 2023Other acquisition or disposition (J)Common Stock1, 2-50,000--1,482,245 indirect

Holdings before and after

  • Common Stock: 1,532,245 to 1,482,245 indirect, Held in Trust

Other positions listed

  • Common Stock: 1,864,554 direct
  • Common Stock: 667,439 indirect, Held in Partnership

Footnotes from the filing

  1. 1. On March 15, 2023, a trust for which the reporting person serves as co-trustee distributied 50,000 shares to a beneficiary of the trust.
  2. 2. The reporting person disclaims beneficial ownership of the securities except to the extent of the pecuniary interest therein, if any.

Transaction codes in this filing

Other acquisition or disposition:
Code J marks a transaction that fits no other code. The footnotes describe what happened.

FAQ

What did Sanchez report in this IBOC Form 4?

Antonio R Sanchez Jr (director at International Bancshares Corporation, IBOC) reported that they disposed of 50,000 shares on Mar 15, 2023. After these transactions the filing shows 1,482,245 shares held indirectly (Held in Trust).

How many IBOC shares does Sanchez hold after this filing?

The filing shows 1,482,245 shares held indirectly (Held in Trust) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code J mean on an SEC Form 4?

Code J marks a transaction that fits no other code. The footnotes describe what happened.

Historical context for IBOC

Earlier insider filings at IBOC

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International Bancshares Corporation logo
IBOC
International Bancshares Corporation
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Finance
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