Grupo Cibest (NYSE: CIB) director gains pension fund units in Form 4/A
Rhea-AI Filing Summary
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported the acquisition of 726.04 units in an institutional voluntary pension fund sponsored by the company, bringing his indirect holdings to 74,988.16 units. Each unit was valued at COP 26,276.51 (about $8.13) on July 16, 2026, and the instrument has no expiration date.
The fund is unitized, invested mainly in Grupo Cibest common and preferred shares plus cash, and administered by an independent manager, so the director has no voting or investment discretion and benefits only in cash based on withdrawal value. This Form 4/A amends a prior filing to correct derivative securities acquired and beneficially owned that were previously misstated due to a clerical error.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2, F3 | 726.04 | $8.13 | $6K |
Footnotes (3)
- F1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund. The reported units were credited pursuant to a voluntary cash contribution to the fund, are not purchased at a fixed or negotiated price, and are payable solely in cash based on the value of the fund on the date of withdrawal. The number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal. The price of a Unit on July 16, 2026 was COP 26,276.51 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.
- F2. The Form 4/A amends the Form 4 filed on July 17, 2026, to correct the number of derivative securities acquired and beneficially owned following the reported transaction in Column 5 and 9, which were previously reported as 74,988.614 and 149,250.2816 respectively, due to a clerical error.
- F3. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
beneficially owned financial
conversion rate financial
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