Grupo Cibest (NYSE: CIB) director adds 678.5853 pension fund units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. director Juan Esteban Toro Valencia reported an acquisition of 678.5853 units in the Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund sponsored by the company. The units were credited on the basis of a voluntary cash contribution at approximately $7.10 per unit. The fund is managed by an independent third party, and the director has no voting or investment discretion over its assets. The instrument has no expiration date and is payable solely in cash based on fund value at withdrawal.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Toro Valencia Juan Esteban
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 678.585 | $7.10 | $5K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 7,644.809 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 uniton March 20,2026 was COP 26,230.53 equal to approximately $7.10 per Unit using a conversion rate of COP 3,692.48 per $1. The instrument has no expiration date
Key Figures
Units acquired: 678.5853 units
Total units after transaction: 7,644.8086 units
Unit price (COP): COP 26,230.53 per unit
+2 more
5 metrics
Units acquired
678.5853 units
Grant/award acquisition on March 20, 2026
Total units after transaction
7,644.8086 units
Director’s institutional voluntary pension fund balance post-transaction
Unit price (COP)
COP 26,230.53 per unit
Fund unit value on March 20, 2026
Unit price (USD equivalent)
$7.10 per unit
Using COP 3,692.48 per $1 on March 20, 2026
FX rate
COP 3,692.48 per $1
Conversion rate used to translate unit price
Key Terms
institutional voluntary pension fund, unitized, voting or investment discretion, Director Voluntary Pension Fund Units, +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"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
voting or investment discretion financial
"The reporting person does not have voting or investment discretion with respect to the assets held by the fund"
Director Voluntary Pension Fund Units financial
"nature_of_ownership: "Director Voluntary Pension Fund Units""
payable solely in cash financial
"are payable solely in cash based on the value of the fund on the date of withdrawal"
FAQ
What did Grupo Cibest (CIB) director Juan Esteban Toro Valencia report on this Form 4?
He reported acquiring 678.5853 units in the Grupo Cibest Equity Securities Fund through a voluntary cash contribution. These units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third-party manager.
How are the Grupo Cibest Equity Securities Fund units structured in this CIB filing?
The reported units are in a unitized institutional voluntary pension fund that invests primarily in Grupo Cibest common and preferred shares plus some cash. The instrument has no expiration date and is held as an indirect interest labeled "Director Voluntary Pension Fund Units."
What was the price per unit in the Grupo Cibest (CIB) pension fund transaction?
On March 20, 2026, each unit in the fund was priced at COP 26,230.53, equal to approximately $7.10 per unit using a conversion rate of COP 3,692.48 per $1. This price underlies the 678.5853 units credited.
Does the Grupo Cibest (CIB) director control voting or investment decisions for these pension fund units?
No. The filing states the reporting person does not have voting or investment discretion over the assets held by the institutional voluntary pension fund. An independent third-party manager administers the fund and controls investment decisions for the underlying assets.
How and when are the Grupo Cibest Equity Securities Fund units payable to the reporting person?
The units 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 that withdrawal date, because the fund is unitized and actively invested.
What is the director’s total position in the Grupo Cibest pension fund after this Form 4 transaction?
After the reported acquisition, the director’s account reflects 7,644.8086 units in the Grupo Cibest Equity Securities Fund. This figure represents the aggregate units in the institutional voluntary pension fund associated with the director following the March 20, 2026 crediting.