International Bancshares Corp Files 8-K on Shareholder Votes

TL;DR

IBC filed an 8-K for shareholder votes on 5/20.

AI Summary

International Bancshares Corporation filed an 8-K on May 22, 2024, reporting on matters submitted to a vote of security holders as of May 20, 2024. The filing does not detail the specific matters voted upon or the outcomes.

Why It Matters

This filing indicates that International Bancshares Corporation held a vote of its security holders, which could pertain to significant corporate actions or governance changes.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a shareholder vote without immediate financial implications or significant changes.

Key Players & Entities

• International Bancshares Corporation (company) — Registrant
• 000-9439 (company) — Commission File Number
• 74-2157138 (company) — IRS Employer Identification No.
• Texas (company) — State of Incorporation
• May 20, 2024 (date) — Date of earliest event reported
• May 22, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $1.00 — ge on which registered: Common Stock, $1.00 par value IBOC The Nasdaq Stock Mar

Filing Documents

• tm2415139d1_8k.htm (8-K) — 38KB
• 0001104659-24-064160.txt ( ) — 206KB
• iboc-20240520.xsd (EX-101.SCH) — 3KB
• iboc-20240520_lab.xml (EX-101.LAB) — 33KB
• iboc-20240520_pre.xml (EX-101.PRE) — 22KB
• tm2415139d1_8k_htm.xml (XML) — 3KB

07. Submission of Matters

Item 5.07. Submission of Matters to a Vote of Security Holders. On May 20, 2024, International Bancshares Corporation (the "Company") held its 2024 Annual Meeting of Shareholders (the "Annual Meeting"). As described in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 22, 2024 (the "Proxy Statement"), the Company submitted the following proposals to its shareholders for a vote: (1) To elect eight (8) directors to serve until the next Annual Meeting of Shareholders and until their successors are duly elected and qualified; (2) To ratify the appointment of RSM US LLP as the Company's independent auditor for the fiscal year ending December 31, 2024; and (3) To consider and approve a non-binding advisory resolution to approve the compensation of the Company's named executive officers as described in the Compensation Discussion and Analysis and the tabular disclosures in the Proxy Statement. The following table lists the final voting results for Proposals 1, 2, and 3 at the Annual Meeting: For Against Abstain Broker Non-Votes Election of Directors Javier de Anda 52,290,748 340,732 19,611 7,025,498 Douglas B. Howland 45,324,676 7,307,089 19,325 7,025,498 Rudolph M. Miles 52,272,646 358,800 19,644 7,025,498 Dennis E. Nixon 51,140,805 1,490,721 19,563 7,025,498 Larry A. Norton 45,413,424 7,218,087 19,578 7,025,498 Roberto R. Resndez 49,975,184 2,655,957 19,949 7,025,498 Antonio R. Sanchez, Jr. 51,879,092 752,401 19,598 7,025,498 Diana G. Zuniga 49,978,002 2,653,024 20,064 7,025,498 Ratification of RSM US LLP 56,224,090 127,276 172,904 3,185,293 Non-binding Advisory Resolution on Compensation 51,097,020 1,379,231 174,839 7,025,498 Based on the foregoing results, each director nominee named above was elected by a majority-vote standard, which is the voting standard required by the Company's Articles of Incorporation for uncontested dir

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERNATIONAL BANCSHARES CORPORATION By: /s/ Dennis E. Nixon Dennis E. Nixon President and Chief Executive Officer Date: May 22, 2024

View Full Filing

View this 8-K filing on SEC EDGAR