Grupo Cibest CFO adds pension fund units
Rhea-AI Filing Summary
Grupo Cibest S.A. CFO Mauricio Botero Wolff indirectly acquired 5,736.9000 units in an institutional voluntary pension fund sponsored by the company. The fund is managed by an independent third party and invests mainly in Grupo Cibest common and preferred shares plus a small cash portion.
The units were credited on March 27, 2026 through a voluntary cash contribution. The price per unit that day was COP 25,701.19, equal to approximately $7.0068 using a COP 3,668 per $1 rate. Following this award, 55,698.4600 units are held. The CFO has no voting or investment discretion over the fund’s assets, and the position is payable solely in cash based on fund value at withdrawal.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 5,736.9 | $7.0068 | $40K |
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 March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 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
grant, award, or other acquisition financial
indirect ownership financial
FAQ
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What did Grupo Cibest (CIB) CFO Mauricio Botero Wolff report in this Form 4?
How are the Grupo Cibest (CIB) pension fund units priced in this transaction?
Does the Grupo Cibest (CIB) CFO control the underlying assets in the pension fund units?
How many Grupo Cibest (CIB) pension fund units does the CFO hold after this transaction?
What type of insider transaction code appears in this Grupo Cibest (CIB) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.