International Bancshares Corp: 10% owner Sanchez Antonio R Jr sold 25,000 shares

What happened Sanchez Antonio R Jr, a 10% owner, disposed of 25,000 shares of International Bancshares Corp on Oct 21, 2026. The Form 4 reports the transaction as an other acquisition or disposition (code J) at $0.00 per share, total $0.

Key details

• Transaction date and price: Oct 21, 2026 — 25,000 shares at $0.00 per share, total $0.
• Form filed with the SEC on Oct 23, 2026.
• Shares owned after the transaction: not stated in the filing.
• Footnotes: F1 — a trust for which the reporting person is co-trustee distributed 25,000 shares to a beneficiary on Oct 21, 2026; F2 — the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
• Transaction code: J (other acquisition or disposition). No late filing flag is shown in the document.

Why it may matter

• The filing indicates the shares were distributed from a trust to a beneficiary, which is a distribution and not a market sale.
• The reporting person is a 10% owner, which denotes a large holder rather than an executive role.
  A filing does not show why the insider traded or why the company acted.