Grupo Cibest (CIB) VP redeems pension fund units in issuer deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A.'s Business VP, Rosillo Rojas Ricardo Mauricio, reported an indirect disposition of units in an employee voluntary pension fund sponsored by the company. On April 14, 2026, 60,889.7644 fund units were disposed of back to the issuer at approximately $7.804 per unit, with 109,796.3786 units remaining indirectly held.
The units are part of an institutional voluntary pension fund that is unitized and invests mainly in Grupo Cibest common and preferred shares plus some cash. An independent third-party manager administers the fund, and the reporting person has no voting or investment discretion over the fund’s assets. The declared units were paid exclusively in cash based on the fund’s value on April 14, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rosillo Rojas Ricardo Mauricio
Role
Business VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Units in Grupo Cibest Equity Securities Fund | 60,889.764 | $7.804 | $475K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 109,796.379 shares (Indirect, Employee 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 declared units were paid exclusively in cash, based on the value of the fund on 14/04/2026. The price of a unit on April 15, 2026 was COP 28,157.312 equal to approximately $7.804 per Unit using a conversion rate of COP 3,608.10 per $1. The instrument has no expiration date
Key Figures
Units disposed: 60,889.7644 units
Unit price (USD equivalent): $7.804 per unit
Unit price (COP): COP 28,157.312 per unit
+2 more
5 metrics
Units disposed
60,889.7644 units
Institutional voluntary pension fund units disposed on April 14, 2026
Unit price (USD equivalent)
$7.804 per unit
Equivalent value using COP 3,608.10 per $1 conversion rate
Unit price (COP)
COP 28,157.312 per unit
Fund unit value around April 15, 2026
Units remaining indirectly held
109,796.3786 units
Voluntary pension fund units after the disposition
Conversion rate
COP 3,608.10 per $1
Used to translate COP unit price to approximately $7.804
Key Terms
Employee Voluntary Pension Fund Units, disposition to issuer, indirect ownership, conversion rate, +1 more
5 terms
Employee Voluntary Pension Fund Units financial
"nature_of_ownership: "Employee Voluntary Pension Fund Units""
disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I""
conversion rate financial
"using a conversion rate of COP 3,608.10 per $1"
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
underlying security financial
"underlying_security_title: "Common Shares and Preferred Shares""
FAQ
What insider transaction did Grupo Cibest (CIB) report on this Form 4?
Grupo Cibest’s Business VP reported an indirect disposition of 60,889.7644 units in an institutional voluntary pension fund. The units were returned to the issuer for cash, based on the fund’s value on April 14, 2026, rather than sold on the open market.
How many Grupo Cibest pension fund units does the insider hold after the transaction?
After the transaction, the reporting person indirectly holds 109,796.3786 units in the Grupo Cibest equity securities pension fund. These units reflect an interest in a fund that mainly invests in Grupo Cibest common and preferred shares, plus some cash, and is administered independently.
Does the Grupo Cibest Business VP control voting or investment decisions for these fund units?
The reporting person does not have voting or investment discretion over the assets held by the voluntary pension fund. An independent third-party manager administers the fund, which is unitized and invests primarily in Grupo Cibest common and preferred shares together with a small amount of cash.
What price per unit was used for the Grupo Cibest pension fund transaction?
The unit price referenced was COP 28,157.312 per fund unit, equal to approximately $7.804 using a COP 3,608.10 per $1 conversion rate. This price reflects the fund’s value around April 14–15, 2026, when the units were redeemed for cash in the disposition.