International Bancshares trust distributes 25K shares
Other reported position entries list directly held shares, a grandchildren’s trust, and a partnership.
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Rhea-AI Filing Summary
Antonio R. Sanchez Jr. reported disposition transactions in this Form 4 filing. International Bancshares Corp. (IBOC) reported that a trust for which director and ten percent owner Antonio R. Sanchez Jr. serves as co-trustee distributed 25,000 common shares to a beneficiary on October 21, 2026. The reported position held in trust following the distribution was 1,207,245 shares. For the securities in this transaction, Sanchez disclaimed beneficial ownership except to the extent of any pecuniary interest. Other reported positions included 1,805,554 shares held directly, 9,000 shares held by a grandchildren’s trust, and 447,439 shares held in a partnership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1, F2 | 25,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. On October 21, 2026, a trust for which the reporting person serves as co-trustee distributed 25,000 shares to a beneficiary of the trust.
- F2. The reporting person disclaims beneficial ownership of the securities except to the extent of the pecuniary interest therein, if any.
Key Figures
Key Terms
co-trustee financial
beneficial ownership financial
pecuniary interest financial
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AI-generated analysis. How Rhea-AI works. Not financial advice.