Grupo Cibest (NYSE: CIB) director acquires units in equity pension fund
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. director Mejia Cardona Andres Felipe reported an acquisition of 74,988.1614 Units in the Grupo Cibest Equity Securities Fund on July 16, 2026 at approximately $8.13 (COP 26,276.515609) per Unit.
The Units are held indirectly as Director Voluntary Pension Fund Units in an institutional voluntary pension fund managed by an independent third party. The director has no voting or investment discretion, the instrument is cash-settled with no expiration date, and total holdings increased to 149,250.2816 Units.
Positive
- None.
Negative
- None.
Insights
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mejia Cardona Andres Felipe
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 74,988.161 | $8.13 | $610K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 149,250.282 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (1)
- 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 26,276.515609 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1. The instrument has no expiration date
Key Figures
Units acquired: 74,988.1614 Units
Price per Unit (USD): $8.13 per Unit
Price per Unit (COP): COP 26,276.515609
+2 more
5 metrics
Units acquired
74,988.1614 Units
Grant/award acquisition in Grupo Cibest Equity Securities Fund on July 16, 2026
Price per Unit (USD)
$8.13 per Unit
Price of a Unit on July 16, 2026 based on COP conversion
Price per Unit (COP)
COP 26,276.515609
COP value of one Unit on July 16, 2026
FX rate
COP 3,233.91 per $1
Conversion rate used to translate Unit price into US dollars
Units after transaction
149,250.2816 Units
Total Units in Grupo Cibest Equity Securities Fund following acquisition
Key Terms
institutional voluntary pension fund, unitized, Director Voluntary Pension Fund Units
3 terms
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
Director Voluntary Pension Fund Units financial
"nature of ownership labeled Director Voluntary Pension Fund Units"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Grupo Cibest (CIB) disclose in this Form 4?
Grupo Cibest reported that director Mejia Cardona Andres Felipe acquired 74,988.1614 Units in the Grupo Cibest Equity Securities Fund on July 16, 2026. These Units are held indirectly through a voluntary pension fund and bring total holdings to 149,250.2816 Units.
At what price were the Grupo Cibest (CIB) pension fund Units valued in the reported transaction?
The Units were valued at approximately $8.13 per Unit, equal to COP 26,276.515609 on July 16, 2026. This COP price used a conversion rate of COP 3,233.91 per US dollar, as stated in the filing footnote.
How are the reported Grupo Cibest (CIB) Units held and who controls the investments?
The reported Units are held indirectly as Director Voluntary Pension Fund Units in an institutional voluntary pension fund. An independent third-party manager administers the fund, and the director has no voting or investment discretion over its assets.
Do the reported Grupo Cibest (CIB) pension fund Units have an expiration date?
According to a footnote, the reported instrument has no expiration date. The Units remain outstanding within the institutional voluntary pension fund until the director withdraws value, at which time the benefit is paid in cash based on the fund’s value.
Was the Grupo Cibest (CIB) director’s Unit acquisition made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not selected for this transaction. The acquisition reflects Units credited for a voluntary cash contribution to the pension fund, not a purchase at a fixed or negotiated market price.