Grupo Cibest director buys 356.85 pension units
Rhea-AI Filing Summary
Grupo Cibest S.A. (CIB) reported that director Escovar Gomez Sylvia had an indirect acquisition on August 20, 2026 of 356.85 units in the Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund sponsored by the company 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 cash position, but the reporting person has no voting or investment discretion over the fund’s assets. The units were credited pursuant to a voluntary cash contribution and are payable solely in cash based on the fund’s value at withdrawal, with no fixed expiration date. After this transaction, the reporting person is shown with 41,367.36 units in this indirect position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2 | 356.85 | $9.73 | $3K |
Footnotes (2)
- 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 August 20, 2026 was COP 29,733.504428 equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1.
- F2. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
independent third-party manager financial
conversion rate financial
FAQ
What transaction did Grupo Cibest S.A. (CIB) report for director Escovar Gomez Sylvia?
How many fund units does the director hold after this Form 4 for CIB?
Does the director control voting or investment decisions over the Grupo Cibest pension fund units?
Are the Grupo Cibest pension fund units settled in stock or cash?
What was the value per Grupo Cibest pension fund unit in this Form 4?
Do the reported Grupo Cibest pension fund units have an expiration date?
AI-generated analysis. How Rhea-AI works. Not financial advice.