Grupo Cibest director adds pension fund units
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an indirect acquisition of 792.6875 units in the Grupo Cibest Equity Securities Fund on May 19, 2026, at about $6.29 per unit.
Rhea-AI Filing Summary
Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an indirect acquisition of 792.6875 units in the Grupo Cibest Equity Securities Fund on May 19, 2026, at about $6.29 per unit. These units are held in an institutional voluntary pension fund sponsored by the company and managed by an independent third party.
The fund invests mainly in Grupo Cibest common and preferred shares plus some cash, but the director has no voting or investment discretion over the underlying assets. The units were credited following a voluntary cash contribution and are payable only in cash based on fund value at withdrawal, with 73,407.5002 units held after this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 792.6875 | $6.29 | $5K |
Footnotes (1)
- 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 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
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
Director Voluntary Pension Fund Units financial
grant, award, or other acquisition financial
no voting or investment discretion financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Grupo Cibest (CIB) disclose in this Form 4?
How are the reported Grupo Cibest (CIB) pension fund units structured?
Does the Grupo Cibest (CIB) director control voting or investment of these assets?
How is the value of the Grupo Cibest (CIB) pension fund units determined?
What price was used for the Grupo Cibest (CIB) pension fund units in this transaction?
How many Grupo Cibest (CIB) pension fund units does the director hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.