Grupo Cibest (CIB) VP adds 5,808 pension fund units in equity-linked plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. Business Development VP Mora Gomez Julian acquired 5,808.417 indirect units in the Grupo Cibest Equity Securities Fund on March 27, 2026. These units are held in an institutional voluntary pension fund sponsored by the company and managed by an independent third party.
The fund is unitized and invests mainly 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, and the position is payable solely in cash based on the fund’s value at withdrawal.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mora Gomez Julian
Role
Business Development VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 5,808.417 | $7.0068 | $41K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 72,528.407 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: 5,808.417 units
Total units after transaction: 72,528.407 units
Unit value in COP: COP 25,701.19 per unit
+2 more
5 metrics
Units acquired
5,808.417 units
Institutional voluntary pension fund on March 27, 2026
Total units after transaction
72,528.407 units
Pension fund holdings following acquisition
Unit value in COP
COP 25,701.19 per unit
Price of a fund unit on March 27, 2026
Unit value in USD
$7.0068 per unit
Converted using COP 3,668 per $1 on March 27, 2026
FX conversion rate
COP 3,668 per $1
Rate used to translate unit value to dollars
Key Terms
institutional voluntary pension fund, unitized, independent third-party manager, economic exposure, +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"
economic exposure financial
"The number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal"
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) disclose in this Form 4 filing?
Grupo Cibest reported that Business Development VP Mora Gomez Julian acquired 5,808.417 indirect units in an institutional voluntary pension fund that invests mainly in the company’s common and preferred shares, increasing their total fund units to 72,528.407 after the transaction.
How many pension fund units did the Grupo Cibest VP acquire?
The executive acquired 5,808.417 units in the Grupo Cibest Equity Securities Fund. These units are part of an institutional voluntary pension plan, credited from a voluntary cash contribution and held indirectly, rather than being a direct open-market purchase of Grupo Cibest shares.
What is the value of each Grupo Cibest pension fund unit reported?
On March 27, 2026, each fund unit was valued at COP 25,701.19, equal to approximately $7.0068 per unit using a COP 3,668 per $1 conversion rate, according to the filing’s footnote describing the institutional voluntary pension fund structure.
Does the Grupo Cibest executive control voting or investment decisions for these 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, which is administered by an independent third-party manager and invests primarily in Grupo Cibest common and preferred shares plus some cash.
What is the executive’s total pension fund position after this Form 4 transaction?
After acquiring 5,808.417 additional units, the executive’s total indirect holdings in the Grupo Cibest Equity Securities Fund rose to 72,528.407 units. These units represent economic exposure to a fund that mainly holds Grupo Cibest common and preferred shares, plus a small amount of cash.