Executive Change · Shareholder Vote

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.  20549   FORM  8-K   CURRENT REPORT Pursuant to Section 13 OR 15 (d) of The Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): May 17, 2021   INTERNATIONAL BANCSHARES CORPORATION (Exact name of registrant as specified in its charter)     Texas   000-9439   74-2157138 (State or other jurisdiction   (Commission File   (IRS Employer of incorporation   Number)   Identification No.)     1200 San Bernardo , Laredo , Texas   78040-1359 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code   ( 956 ) 722-7611   None (Former name or former address, if changed since last report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below);   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 250.13e-4 (c))   Securities registered pursuant to Section 12(b) of the Act:     Title of each class:   Trading Symbol   Name of each exchange on which registered: Common Stock, $1.00 par value   IBOC   NASDAQ   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨          Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On May 14, 2021, Mr. Irving Greenblum provided notice to the Company that he had decided to retire and no longer seek or accept re-election to the Company’s Board once his term expired on May 17, 2021.   Item 5.07 Submission of Matters to a Vote of Security Holders.   On May 17, 2021, International Bancshares Corporation (the “Company”) held its 2021 Annual Meeting of Shareholders (the “Annual Meeting”), at which 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 shall have been duly elected and qualified; 1   (2) To ratify the appointment of RSM US LLP as independent auditors for the fiscal year ending December 31, 2021;   (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; and   The following table lists the final voting results for Proposals 1, 2, and 3 at the Annual Meeting:       For     Against     Abstained/Withheld     Broker Non- Votes   Election of Directors                                 Javier De Anda     51,370,919       1,545,102       13,677       10,714,238   Douglas B. Howland     37,982,636       14,933,530       13,531       10,714,239   Rudolph M. Miles     51,511,421       1,404,689       13,587       10,714,239   Dennis E. Nixon     50,278,982       2,635,918       14,797       10,714,239   Larry A. Norton     37,979,971       14,936,194       13,531       10,714,239   Roberto R. Resendez     51,371,167       1,544,908       13,621       10,714,238   Antonio R. Sanchez,Jr.     51,249,543       1,667,345       12,808       10,714,236                                     Ratification of RSM US LLP     57,478,261       121,939       14,574       6,098,932                                     Non-binding Advisory Resolution on Compensation     52,202,263       683,671       42,021       10,714,239     Based on the foregoing results, each of the above director nominee was elected by a majority vote standard, which is the voting standard required by the Company’s Articles of Incorporation for uncontested director elections. Proposals 2 and 3 were also approved by majority vote.     1 On May 14, 2021, Mr. Irving Greenblum provided notice to the Company that he had decided to retire and no longer seek or accept re-election to the Company’s Board once his term expired on May 17, 2021. Therefore, only seven directors were elected at the Annual Meeting as shown above.       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           (Registrant)         By:  /s/ Dennis E. Nixon   Dennis E. Nixon, President and CEO   Date: May 20, 2021