Grupo Cibest (CIB) director acquires institutional pension fund units
Rhea-AI Filing Summary
Grupo Cibest S.A. director Sylvia Escovar Gomez indirectly acquired 307.9500 units in a Grupo Cibest institutional voluntary pension fund on March 20, 2026. These units were credited from a voluntary cash contribution and are classified as "Director Voluntary Pension Fund Units."
The fund is unitized and invests mainly in Grupo Cibest common and preferred shares plus a small cash balance. Escovar Gomez has no voting or investment discretion over the fund’s assets, and the instrument has no expiration date. After this transaction, 39,418.8113 units were held. The units are payable only in cash based on fund value at withdrawal, with the March 20, 2026 unit price noted as approximately $7.10.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 307.95 | $7.10 | $2K |
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 uniton March 20,2026 was COP 26,230.53 equal to approximately $7.10 per Unit using a conversion rate of COP 3,692.48 per $1.
- F2. The instrument has no expiration date
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
Director Voluntary Pension Fund Units financial
conversion rate financial
payable solely in cash financial
no expiration date financial
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