Grupo Cibest (CIB) CFO gains pension fund units via voluntary contribution
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. CFO Mauricio Botero Wolff indirectly acquired 5,736.9000 units in an institutional voluntary pension fund sponsored by the company. The fund is managed by an independent third party and invests mainly in Grupo Cibest common and preferred shares plus a small cash portion.
The units were credited on March 27, 2026 through a voluntary cash contribution. The price per unit that day was COP 25,701.19, equal to approximately $7.0068 using a COP 3,668 per $1 rate. Following this award, 55,698.4600 units are held. The CFO has no voting or investment discretion over the fund’s assets, and the position 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
Botero Wolff Mauricio
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 5,736.9 | $7.0068 | $40K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 55,698.46 shares (Indirect, Employee 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 unit on March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 per $1 The instrument has no expiration date
Key Figures
Units acquired: 5,736.9000 units
Unit price (COP): COP 25,701.19 per unit
Unit price (USD equivalent): $7.0068 per unit
+2 more
5 metrics
Units acquired
5,736.9000 units
Grant/award acquisition on March 27, 2026
Unit price (COP)
COP 25,701.19 per unit
Value of a pension fund unit on March 27, 2026
Unit price (USD equivalent)
$7.0068 per unit
Converted using COP 3,668 per $1 on March 27, 2026
Units held after transaction
55,698.4600 units
Total pension fund units following the acquisition
FX conversion rate
COP 3,668 per $1
Rate used to convert unit price to $7.0068
Key Terms
institutional voluntary pension fund, unitized, independent third-party manager, grant, award, or other acquisition, +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"
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: Employee Voluntary Pension Fund Units"
FAQ
What did Grupo Cibest (CIB) CFO Mauricio Botero Wolff report in this Form 4?
He reported acquiring 5,736.9000 units in a voluntary pension fund sponsored by Grupo Cibest. The units were credited as a grant-type acquisition, giving him indirect economic exposure to the company’s common and preferred shares through the fund structure.
How are the Grupo Cibest (CIB) pension fund units priced in this transaction?
On March 27, 2026, each fund unit was priced at COP 25,701.19, approximately $7.0068 using a COP 3,668 per $1 rate. This price determines the cash value of the CFO’s contribution credited as additional pension fund units.
Does the Grupo Cibest (CIB) CFO control the underlying assets in the pension fund units?
No. The filing states he has no voting or investment discretion over assets held by the institutional voluntary pension fund. The fund is administered by an independent third-party manager and primarily holds Grupo Cibest common and preferred shares with some cash.
How many Grupo Cibest (CIB) pension fund units does the CFO hold after this transaction?
After the March 27, 2026 acquisition, the Form 4 shows 55,698.4600 units held. These units represent an indirect economic interest tied to a fund invested mainly in Grupo Cibest shares, with value realized in cash upon withdrawal.
What type of insider transaction code appears in this Grupo Cibest (CIB) Form 4?
The transaction is coded “A,” described as a grant, award, or other acquisition. It reflects an indirect derivative-type acquisition of pension fund units, not an open-market purchase or sale of Grupo Cibest shares by the CFO.