Grupo Cibest director awarded 286.4800 fund units
Rhea-AI Filing Summary
Grupo Cibest S.A. director Jaramillo Mejia Ricardo had 286.4800 additional units in the Grupo Cibest Equity Securities Fund credited on July 16, 2026, at about $8.13 (COP 26,276.51) per unit, held indirectly through an institutional voluntary pension fund administered by an independent third-party manager.
These cash-settled units, which have no expiration date and give the director no voting or investment discretion over the fund’s assets, increased the indirect position to 7,829.9003 units. The amendment corrects a prior filing that had overstated the acquired and post-transaction units as 21,666.5555 and 29,209.9773.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2, F3 | 286.48 | $8.13 | $2K |
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 21,666.5555 and 29,209.9773 respectively, due to a clerical error.
- F3. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
derivative securities financial
beneficially owned financial
independent third-party manager financial
expiration date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Grupo Cibest (CIB) report in this Form 4/A?
How many Grupo Cibest (CIB) fund units were acquired and at what value?
What are the director’s total indirect holdings after this CIB transaction?
What correction does this Grupo Cibest (CIB) Form 4/A make to the prior filing?
Does the Grupo Cibest (CIB) director control voting or investment decisions for these units?
AI-generated analysis. How Rhea-AI works. Not financial advice.