Grupo Cibest officer lists pension fund holdings
Grupo Cibest S.A. filed an initial Form 3 for Principal Accounting Officer Humberto Hernandez Jorge, showing an indirect interest in 13,286.0231 Units in the Grupo Cibest Equity Securities Fund.
Rhea-AI Filing Summary
Grupo Cibest S.A. filed an initial Form 3 for Principal Accounting Officer Humberto Hernandez Jorge, showing an indirect interest in 13,286.0231 Units in the Grupo Cibest Equity Securities Fund. These units represent exposure to Grupo Cibest common and preferred shares through an institutional voluntary pension fund sponsored by the company.
The fund is unitized, administered by a third-party manager, and can also hold liquid assets and cash. The officer has no voting or investment discretion over the fund’s assets, and the company sets the fund’s strategic asset allocation. Amounts attributable to these units are payable solely in cash upon withdrawal, based on the value of the underlying assets, and the instrument has no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Units in Grupo Cibest Equity Securities Fund | -- | -- | -- |
Footnotes (2)
- F1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by a third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of liquid assets and cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund, and the issuer has determined the strategic asset allocation of the fund. Amounts attributable to the reported units are payable solely in cash upon withdrawal determined by reference to the value of the underlying fund assets on the date of withdrawal.
- F2. The instrument has no expiration date
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Grupo Cibest (CIB) Form 3 disclose about insider holdings?
How does Humberto Hernandez Jorge hold Grupo Cibest (CIB) securities?
Does the Grupo Cibest (CIB) officer control voting or investments in these units?
How are the Grupo Cibest (CIB) pension fund units paid out to the officer?
Do the reported Grupo Cibest (CIB) pension fund units have an expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.