Grupo Cibest (CIB) director adds Units in issuer-sponsored voluntary pension fund
Rhea-AI Filing Summary
Grupo Cibest S.A. director Restrepo Echavarria Luis Fernando reported acquiring additional indirect exposure through 560.7000 new Units in the Grupo Cibest Equity Securities Fund on June 17, 2026. These Units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third-party manager, bringing total fund holdings to 41,063.0467 Units.
The filing explains that the fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash component. The director does not have voting or investment discretion over the fund’s assets, and the instrument has no expiration date. Units are credited via voluntary cash contributions and are payable solely in cash based on the fund’s value at withdrawal, so the exact number of Grupo Cibest shares economically attributable to these Units will only be known on the withdrawal date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 560.7 | $7.90 | $4K |
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 June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1. The instrument has no expiration date