Grupo Cibest S.A.·4

Mar 30, 8:33 PM ET

Rodriguez Rios Jose Mauricio 4

Research Summary

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Grupo Cibest (CIB) VP Jose M. Rodriguez Receives 4,637-Unit Award

What Happened

  • Jose Mauricio Rodriguez Rios, Vice President of Internal Audit at Grupo Cibest (CIB), received 4,636.6 units in an institutional voluntary pension fund on March 27, 2026. The filing reports a unit value of COP 25,701.19 (≈ $7.0068), giving an aggregate value of about $32,488. This transaction is reported as an award/acquisition (code A) of a derivative interest (units in a fund), not a direct open-market stock purchase.

Key Details

  • Transaction date: 2026-03-27; Form 4 filed: 2026-03-30.
  • Units acquired: 4,636.6 units at COP 25,701.19 per unit (≈ $7.0068), total ≈ $32,488.
  • Security type: Units in an institutional voluntary pension fund that holds primarily Grupo Cibest common and preferred shares (reported as a derivative interest).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: (1) Units are held in a unitized pension fund administered by an independent manager; the reporting person has no voting or investment discretion over the fund’s assets. Units were credited from a voluntary cash contribution and are payable in cash based on the fund value at withdrawal; the exact number of underlying Grupo Cibest shares represented by the units cannot be determined until withdrawal. (2) The instrument has no expiration date.
  • Filing timeliness: Filed three days after the transaction date; the filing does not indicate a late report.

Context

  • This was not an open-market buy or sale of company stock but a credit of units in a pension fund that invests mainly in the company’s securities. Such entries typically reflect retirement-plan contributions or similar arrangements and do not convey voting control or direct trading by the insider.