Grupo Cibest (CIB) director adds to institutional voluntary pension fund units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. director Nicolas Zapata Zuluaga reported an acquisition of 523.9400 units in a Grupo Cibest institutional voluntary pension fund on June 17, 2026. These units are held indirectly as “Director Voluntary Pension Fund Units,” bringing his total fund holdings to 4,955.5167 units.
The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash position. Zapata Zuluaga has no voting or investment discretion over the fund’s assets. The units are payable solely in cash based on the fund’s value at withdrawal and have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zapata Zuluaga Nicolas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 523.94 | $7.90 | $4K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 4,955.517 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 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
Key Figures
Units acquired: 523.9400 units
Total units after transaction: 4,955.5167 units
Unit price in COP: COP 27,081.70 per unit
+2 more
5 metrics
Units acquired
523.9400 units
Institutional voluntary pension fund on June 17, 2026
Total units after transaction
4,955.5167 units
Director’s indirectly held pension fund units
Unit price in COP
COP 27,081.70 per unit
Pension fund unit value on June 17, 2026
Approximate unit price in USD
$7.90 per unit
Using COP 3,427.07 per $1 conversion rate
FX conversion rate
COP 3,427.07 per $1
Conversion used to express unit price in dollars
Key Terms
institutional voluntary pension fund, unitized, voting or investment discretion, payable solely in cash, +1 more
5 terms
institutional voluntary pension fund financial
"The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
voting or investment discretion financial
"The reporting person does not have voting or investment discretion with respect to the assets held by the fund"
payable solely in cash financial
"are payable solely in cash based on the value of the fund on the date of withdrawal"
no expiration date financial
"The instrument has no expiration date"
FAQ
What insider transaction did Grupo Cibest (CIB) report for Nicolas Zapata Zuluaga?
Grupo Cibest reported that director Nicolas Zapata Zuluaga acquired 523.9400 units in an institutional voluntary pension fund sponsored by the company. These units provide economic exposure to Grupo Cibest common and preferred shares through an indirectly held, cash-settled structure.
How many Grupo Cibest (CIB) pension fund units does the director hold after this Form 4?
After the reported transaction, the director’s indirectly held position is 4,955.5167 units in the Grupo Cibest institutional voluntary pension fund. This reflects the newly credited 523.9400 units added to his prior balance within the same fund arrangement.
Does the Grupo Cibest (CIB) director control voting or investment decisions for these pension fund units?
The director does not have voting or investment discretion over the assets held by the institutional voluntary pension fund. An independent third-party manager administers the fund, which primarily invests in Grupo Cibest common and preferred shares together with a small amount of cash.
Are the Grupo Cibest (CIB) pension fund units purchased at a fixed price?
The units are credited pursuant to a voluntary cash contribution and are not purchased at a fixed or negotiated price. They are payable solely in cash based on the fund’s value on the withdrawal date, rather than at a predetermined unit price.
What was the value of a Grupo Cibest (CIB) pension fund unit on June 17, 2026?
On June 17, 2026, the price of one pension fund unit was COP 27,081.70, equal to approximately $7.90 per unit using a conversion rate of COP 3,427.07 per $1, as disclosed in the transaction’s explanatory footnote.