Grupo Cibest director disposes 26K pension units
Grupo Cibest S.A. director Luis Fernando Restrepo Echavarria, through an institutional voluntary pension fund, reported a disposition to the issuer of 26,015.88 fund units on August 6, 2026 at about $8.38 per unit, leaving 15,539.69 units indirectly held.
Rhea-AI Filing Summary
Grupo Cibest S.A. director Luis Fernando Restrepo Echavarria, through an institutional voluntary pension fund, reported a disposition to the issuer of 26,015.88 fund units on August 6, 2026 at about $8.38 per unit, leaving 15,539.69 units indirectly held.
The units represent interests in a unitized fund investing primarily in Grupo Cibest common and preferred shares and administered by an independent manager. The director has no voting or investment discretion over the fund assets, the units were paid exclusively in cash, and the instrument has no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Units in Grupo Cibest Equity Securities Fund F1, F2 | 26,015.88 | $8.38 | $218K |
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 declared units were paid exclusively in cash, based on the value of the fund on 08/06/2026. The price of a unit on August 6, 2026, was COP 26,648.10 equal to approximately $8.38 per Unit using a conversion rate of COP 3,179.40 per $1.
- F2. The instrument has no expiration date
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
disposition to issuer financial
Director Voluntary Pension Fund Units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Grupo Cibest (CIB) report in this Form 4?
How many Grupo Cibest (CIB) pension fund units were disposed of and what remains held?
What price per unit applied to the Grupo Cibest (CIB) pension fund transaction?
Does the Grupo Cibest (CIB) director control voting or investment decisions for these units?
What type of security was involved in the Grupo Cibest (CIB) Form 4 transaction?
Was the Grupo Cibest (CIB) Form 4 transaction made under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.