Grupo Cibest (NYSE: CIB) director credited 519 pension fund units
Rhea-AI Filing Summary
Toro Valencia Juan Esteban reported acquisition or exercise transactions in this Form 4 filing.
Grupo Cibest S.A. director Juan Esteban Toro Valencia was credited with 519.1800 units of the Grupo Cibest Equity Securities Fund on July 16, 2026, bringing his indirectly held balance to 10,113.6000 units. These units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third-party manager.
The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small amount of cash. Toro Valencia has no voting or investment discretion over the fund’s assets, and the instrument has no expiration date. The report amends earlier figures, which had reflected 10,113.5979 and 19,708.0121 units due to a clerical error.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2, F3 | 519.18 | $8.13 | $4K |
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 10,113.5979 and 19,708.0121 respectively, due to a clerical error.
- F3. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
derivative securities financial
beneficially owned financial
expiration date financial
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