Grupo Cibest director gets pension fund units
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an acquisition of 556.1000 units in the Grupo Cibest Equity Securities Fund on April 20, 2026, at approximately $7.26 per unit.
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Rhea-AI Filing Summary
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an acquisition of 556.1000 units in the Grupo Cibest Equity Securities Fund on April 20, 2026, at approximately $7.26 per unit. Following this grant, a total of 72,614.8127 units are attributed to him on an indirect basis.
The units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash position. The director has no voting or investment discretion over the fund’s assets, and the units are payable solely in cash based on fund value at withdrawal.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 556.1 | $7.26 | $4K |
Footnotes (1)
- 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 uniton April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
voting or investment discretion financial
conversion rate financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Grupo Cibest (CIB) disclose in this Form 4 filing?
How many pension fund units are attributed to the Grupo Cibest (CIB) director after the transaction?
What price was used for the Grupo Cibest (CIB) pension fund units in this Form 4?
Does the Grupo Cibest (CIB) director control voting or investment decisions for these units?
Are the Grupo Cibest (CIB) pension fund units settled in stock or cash?
What does the Grupo Cibest (CIB) Equity Securities Fund invest in?
AI-generated analysis. How Rhea-AI works. Not financial advice.