Grupo Cibest (CIB) director adds 464.9100 pension fund units in indirect holding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. director Escovar Gomez Sylvia reported an acquisition of 464.9100 units in the Grupo Cibest Equity Securities Fund on June 17, 2026. These units are held indirectly through an institutional voluntary pension fund sponsored by Grupo Cibest, administered by an independent third-party manager. The director has no voting or investment discretion over the fund’s assets, which invest mainly in Grupo Cibest common and preferred shares and some cash. After this grant, the director’s pension fund position totals 40,616.0108 units, which are payable only in cash based on fund value at withdrawal.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Escovar Gomez Sylvia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 464.91 | $7.90 | $4K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 40,616.011 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (1)
- 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. The instrument has no expiration date
Key Figures
Units acquired: 464.9100 units
Unit value in USD: $7.90 per unit
Total units after transaction: 40,616.0108 units
+2 more
5 metrics
Units acquired
464.9100 units
Voluntary pension fund grant on June 17, 2026
Unit value in USD
$7.90 per unit
Approximate value on June 17, 2026
Total units after transaction
40,616.0108 units
Pension fund units held after acquisition
Unit price in COP
COP 27,081.70 per unit
Fund unit value on June 17, 2026
FX conversion rate
COP 3,427.07 per $1
Rate used to express unit value in dollars
Key Terms
institutional voluntary pension fund, independent third-party manager, unitized, conversion rate, +1 more
5 terms
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer"
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
conversion rate financial
"equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1"
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
no voting or investment discretion financial
"The reporting person does not have voting or investment discretion with respect to the assets held by the fund"
FAQ
What insider transaction did Grupo Cibest (CIB) report for Escovar Gomez Sylvia?
Grupo Cibest director Escovar Gomez Sylvia acquired 464.9100 units in the Grupo Cibest Equity Securities Fund. The units were credited to her institutional voluntary pension fund account as an indirect holding, rather than through an open-market stock purchase.
Does the Grupo Cibest (CIB) director control voting or investment decisions for these units?
The director does not control voting or investment decisions for these units. The voluntary pension fund is administered by an independent third-party manager, and the reporting person has no voting or investment discretion over its underlying assets.
How many pension fund units does the Grupo Cibest (CIB) director hold after this transaction?
Following the June 17, 2026 acquisition, the director’s voluntary pension fund position totals 40,616.0108 units. These units represent an economic interest in a fund primarily invested in Grupo Cibest common and preferred shares and a small amount of cash.
How is the value of the Grupo Cibest (CIB) pension fund units determined?
The value of each unit is based on the fund’s net asset value on relevant dates. On June 17, 2026, a unit was COP 27,081.70, approximately $7.90, using a COP 3,427.07 per $1 conversion rate disclosed in the filing footnote.