Grupo Cibest (CIB) director buys 469 fund units at $9.73
Rhea-AI Filing Summary
Grupo Cibest S.A. (CIB) director Zapata Zuluaga Nicolas reported an acquisition of derivative securities linked to the company through an institutional voluntary pension fund. On August 20, 2026, he was credited 469.4700 Units in the Grupo Cibest Equity Securities Fund at about $9.73 per Unit, bringing his indirect holdings in this fund to 5946.3495 Units. The fund is unitized, invests primarily in Grupo Cibest common and preferred shares plus some cash, and is administered by an independent third-party manager. He has no voting or investment discretion over the fund assets, the instrument has no expiration date, and the Units are payable solely in cash based on fund value at withdrawal, so the number of Grupo Cibest shares economically attributable to these Units will only be determinable on the withdrawal date.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2 | 469.47 | $9.73 | $5K |
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 August 20, 2026 was COP 29,733.504428 equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1.
- F2. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
voting or investment discretion financial
FAQ
What insider transaction did CIB report for Zapata Zuluaga Nicolas on August 20, 2026?
How many Grupo Cibest Equity Securities Fund Units does the CIB director hold after this Form 4?
What was the value of the Units acquired by the CIB director on August 20, 2026?
Does the CIB director have voting or investment discretion over the pension fund assets?
Was this CIB insider transaction made under a Rule 10b5-1 trading plan?
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