Director at Grupo Cibest (CIB) adds units in company pension fund
Rhea-AI Filing Summary
Grupo Cibest S.A. director Silvina Vatnick reported an acquisition of 607.2083 units in a director voluntary pension fund sponsored by the company. These units are held indirectly in the Grupo Cibest Equity Securities Fund, which is managed by an independent third party and invests mainly in Grupo Cibest common and preferred shares plus some cash.
The filing notes that Vatnick has no voting or investment discretion over the fund’s assets and that the instrument has no expiration date. The units were credited following a voluntary cash contribution and are payable only in cash based on the fund’s value at withdrawal, so the exact number of Grupo Cibest shares economically tied to these units will only be known at that withdrawal date. After this transaction, a total of 23,314.4722 units are attributed to the director’s pension fund position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 607.208 | $6.29 | $4K |
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 May 19, 2026 was COP 23,885.9 equal to approximately $6.29 per Unit using a conversion rate of COP 3,796.78 per $1. The instrument has no expiration date