Grupo Cibest (CIB) director acquires additional voluntary pension fund units
Rhea-AI Filing Summary
Grupo Cibest S.A. director Sylvia Escovar Gomez reported an acquisition of 394.5 units of “Units in Grupo Cibest Equity Securities Fund” on July 16, 2026, at a unit price of COP 26,276.51 (approximately $8.13). These units are held indirectly in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party, which invests mainly in Grupo Cibest common and preferred shares plus a small cash component. She has no voting or investment discretion over the fund’s assets, the instrument has no expiration date, and it is payable solely in cash based on fund value at withdrawal; the number of Grupo Cibest shares economically attributable to the units is only determinable at withdrawal. Following this transaction, she is reported as beneficially owning 41,010.5100 units of this derivative security.
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 | 394.5 | $8.13 | $3K |
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 41,010.51 and 81,626.5206 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
derivative securities financial
nature of ownership financial
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