Director in Grupo Cibest (CIB) acquires 854.62 voluntary pension fund units
Rhea-AI Filing Summary
Mejia Cardona Andres Felipe reported acquisition or exercise transactions in this Form 4 filing.
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported receiving 854.6200 units in the Grupo Cibest Equity Securities Fund on June 17, 2026 at about $7.90 per unit, bringing his indirect holdings in this fund to 74,262.1202 units. The institutional voluntary pension fund is sponsored by Grupo Cibest but administered by an independent manager and invests mainly in Grupo Cibest common and preferred shares plus some cash. The director has no voting or investment discretion over the fund assets, the units arise from voluntary cash contributions, and are payable solely in cash based on the fund’s value at withdrawal rather than a fixed share amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 854.62 | $7.90 | $7K |
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 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.
- F2. The instrument has no expiration date
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
independent third-party manager financial
indirect ownership financial
underlying security title financial
FAQ
What insider transaction did Grupo Cibest (CIB) report for Andres Felipe Mejia Cardona?
What type of security did the Grupo Cibest (CIB) Form 4 transaction involve?
Did the Grupo Cibest (CIB) director control voting or investment decisions for these pension fund units?
How were the new Grupo Cibest (CIB) pension fund units credited to the director’s account?
What price and exchange rate applied to the Grupo Cibest (CIB) pension fund units on June 17, 2026?
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