Grupo Cibest director buys 657 fund units
Rhea-AI Filing Summary
Grupo Cibest S.A. (CIB) reported that director Andres Felipe Mejia Cardona acquired 656.67 Units of the Grupo Cibest Equity Securities Fund on August 20, 2026, as an indirect holding through a director voluntary pension fund. Each Unit was valued at approximately $9.73, bringing his total fund holdings to 75,644.83 Units.
The Units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small amount of cash. The reporting person has no voting or investment discretion over the fund’s assets, the instrument has no expiration date, and the Units are payable solely in cash based on fund value at withdrawal.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2 | 656.67 | $9.73 | $6K |
Footnotes (2)
- 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 August 20, 2026 was COP 29,733.504428 equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1.
- F2. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
independent third-party manager financial
investment discretion financial
economically attributable financial
FAQ
What insider transaction did Grupo Cibest (CIB) disclose for August 20, 2026?
What was the value per Unit in the Grupo Cibest Equity Securities Fund in this Form 4 for CIB?
Does the Grupo Cibest (CIB) director have voting or investment power over the reported Units?
Does the pension fund instrument reported by CIB’s director have an expiration date?
Was the CIB director’s acquisition under a Rule 10b5-1 trading plan?
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