Grupo Cibest (CIB) director acquires additional voluntary pension fund units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an indirect acquisition of 567.8300 units in the Grupo Cibest Equity Securities Fund on March 20, 2026 at approximately $7.10 per unit. These units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third-party manager, and the director does not have voting or investment discretion over the fund’s underlying assets. Following this transaction, his position in the fund rose to 72,058.7127 units, representing a compensation and savings-related holding rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mejia Cardona Andres Felipe
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 567.83 | $7.10 | $4K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 72,058.713 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (1)
- [object Object]
Key Figures
Units acquired: 567.8300 units
Unit price (USD equivalent): $7.10 per unit
Unit price (COP): COP 26,230.53 per unit
+3 more
6 metrics
Units acquired
567.8300 units
Indirect acquisition on March 20, 2026
Unit price (USD equivalent)
$7.10 per unit
Value on March 20, 2026
Unit price (COP)
COP 26,230.53 per unit
Value on March 20, 2026
Exchange rate
COP 3,692.48 per $1
Used to value fund units
Total units after transaction
72,058.7127 units
Indirect pension fund holdings
Transaction code
A (Grant or other acquisition)
Characterization of the transaction
Key Terms
institutional voluntary pension fund, indirect ownership, derivative, grant, award, or other acquisition
4 terms
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer"
indirect ownership financial
"direct_or_indirect": "I", "nature_of_ownership": "Director Voluntary Pension Fund Units""
derivative financial
""transaction_type": "derivative", "security_title": "Units in Grupo Cibest Equity Securities Fund""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
grant, award, or other acquisition financial
""transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Grupo Cibest (CIB) report for Andres Felipe Mejia Cardona?
Grupo Cibest director Andres Felipe Mejia Cardona indirectly acquired 567.8300 units in the Grupo Cibest Equity Securities Fund. The units were credited to his institutional voluntary pension fund account rather than bought in the open market.
At what price were the Grupo Cibest (CIB) pension fund units valued in this Form 4?
Each unit in the Grupo Cibest Equity Securities Fund was valued at approximately $7.10 on March 20, 2026. The price reflects COP 26,230.53 per unit, using an exchange rate of COP 3,692.48 per $1.
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 pension fund assets. An independent third-party manager administers the institutional voluntary pension fund that holds Grupo Cibest common and preferred shares and a small amount of cash.
How many Grupo Cibest (CIB) pension fund units does the director hold after this transaction?
After the reported acquisition, the director’s indirect position totals 72,058.7127 units in the Grupo Cibest Equity Securities Fund. These units are held within an institutional voluntary pension fund sponsored by Grupo Cibest for the benefit of the reporting person.