Grupo Cibest director acquires 644 pension fund units
The reported units are payable solely in cash, and the number of underlying Grupo Cibest shares is determined at withdrawal.
Rhea-AI Filing Summary
Grupo Cibest S.A. director Andres Felipe Mejia Cardona acquired 643.9100 units in an issuer-sponsored voluntary pension fund on September 21, 2026, bringing his reported indirect position to 76,288.7400 units. The units were credited following a voluntary cash contribution and are payable solely in cash based on the fund’s value at withdrawal. The number of underlying Grupo Cibest shares cannot be determined until then; Mejia Cardona has no voting or investment discretion over the fund’s assets.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2 | 643.91 | $9.64 | $6K |
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 Unit on September 21, 2026 was COP 30,779.2605 equal to approximately $9.64 per Unit using a conversion rate of COP 3,192.92 per $1.
- F2. The instrument has no expiration date.
Key Figures
Key Terms
unitized financial
voluntary pension fund financial
voting or investment discretion financial
conversion rate financial
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