Diana G. Zuniga - 24 Feb 2022 Form 4 Insider Report for INTERNATIONAL BANCSHARES CORP (IBOC)

Role
Director
Signature
/s/ DIANA G ZUNIGA
Issuer symbol
IBOC
Transactions as of
24 Feb 2022
Net transactions value
+$4,003
Form type
4
Filing time
10 Apr 2023, 16:18:36 UTC
Previous filing
11 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IBOC Common Stock Purchase $1,303 +33 +0.26% $39.47 12,943 24 Feb 2022 Direct F1
transaction IBOC Common Stock Purchase $1,300 +30 +0.23% $43.32 12,973 25 Aug 2022 Direct F1
transaction IBOC Common Stock Purchase $1,401 +30 +0.23% $46.70 13,003 24 Feb 2023 Direct F1
holding IBOC Common Stock 1,318 24 Feb 2022 Held by spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reporting person previously adopted a dividend reinvestment plan effective March 11, 2015, which plan was terminated April 2023.