Grupo Cibest (CIB) director adds units in company voluntary pension fund
Rhea-AI Filing Summary
Grupo Cibest S.A. director Jaramillo Mejia Ricardo reported an acquisition of 283.1200 additional units in a company-sponsored institutional voluntary pension fund that is administered by an independent third-party manager. These units are an indirect, derivative interest tied primarily to Grupo Cibest common and preferred shares.
The units were credited on the basis of a voluntary cash contribution to the fund at a reference value of about $7.90 per unit (COP 27,081.70). Following this transaction, a total of 7,543.4218 units are held in the director’s voluntary pension fund account. The director has no voting or investment discretion over the fund’s underlying assets, and benefits are ultimately payable only in cash based on the fund’s value at withdrawal.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 283.12 | $7.90 | $2K |
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