Grupo Cibest director adds pension fund units
Grupo Cibest S.A. director Ricardo Jaramillo Mejia reported an indirect acquisition of 314.7636 additional units in the Grupo Cibest Equity Securities Fund on May 19, 2026, at approximately $6.29 per unit.
Rhea-AI Filing Summary
Grupo Cibest S.A. director Ricardo Jaramillo Mejia reported an indirect acquisition of 314.7636 additional units in the Grupo Cibest Equity Securities Fund on May 19, 2026, at approximately $6.29 per unit. This increased his interest in the fund to 7,260.3018 units. The units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party, where he has no voting or investment discretion and benefits are payable solely 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 | 314.7636 | $6.29 | $2K |
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 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
- F2. The instrument has no expiration date
Key Figures
Key Terms
institutional voluntary pension fund financial
grant, award, or other acquisition financial
indirect ownership financial
underlying security financial
unitized fund financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Grupo Cibest (CIB) director Ricardo Jaramillo report on this Form 4?
How many Grupo Cibest pension fund units does the director hold after this transaction?
Does the Grupo Cibest director control voting or investment decisions for these units?
How is the value of the Grupo Cibest voluntary pension fund units determined?
AI-generated analysis. How Rhea-AI works. Not financial advice.