Mora Uribe Juan Carlos 4
4 · Grupo Cibest S.A. · Filed Mar 30, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) CEO Juan Carlos Mora Uribe Receives Award
What Happened
Juan Carlos Mora Uribe, CEO of Grupo Cibest S.A. (CIB), was credited 18,061.6 units in an institutional voluntary pension fund on March 27, 2026. The filing reports the units as a grant/acquisition (derivative), with a unit price of COP 25,701.19 (≈ $7.0068) for a total economic value of approximately $126,554. This was a contribution/award to a unitized pension fund rather than an open‑market purchase of CIB shares.
Key Details
- Transaction date: 2026-03-27; reported on Form 4 filed 2026-03-30 (timely — within required 2 business days).
- Amount and value: 18,061.6 units at COP 25,701.19 per unit ≈ $7.0068; total ≈ $126,554.
- Type: Grant/acquisition of derivative units (Form 4 code A); instrument has no expiration date (F2).
- Shares owned after transaction: Not specified — the number of underlying Cibest shares attributable to the units cannot be determined until withdrawal (F1).
- Footnote highlights: Units are held in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party; the reporting person has no voting or investment discretion over the fund. Units were credited from a voluntary cash contribution and are payable in cash based on fund value at withdrawal (F1).
Context
These units represent economic exposure to Grupo Cibest (primarily common and preferred shares plus a small cash component) within a pension vehicle, not direct share ownership or voting control. For retail investors, this is essentially a retirement‑plan contribution/award rather than a straightforward buy or sell of company stock.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-03-27$7.01/sh+18,061.6$126,554→ 207,117.015 total(indirect: Employee Voluntary Pension Fund Units)→ Common Shares and Preferred Shares
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 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
- [F2]The instrument has no expiration date