Grupo Cibest S.A.·4

Mar 30, 8:35 PM ET

Botero Wolff Mauricio 4

Research Summary

AI-generated summary

Updated

Grupo Cibest CFO Mauricio Botero Receives 5,737 Fund Units

What Happened
Mauricio Botero, CFO of Grupo Cibest (CIB), was credited with 5,736.9 unitized awards on March 27, 2026, reported as an acquisition (A) of a derivative instrument. The filing shows a per‑unit value of $7.01, for a total reported value of $40,197. The instrument is unitized and has no expiration date.

Key Details

  • Transaction date: March 27, 2026; Report filed: March 30, 2026 (filed within the SEC two-business-day deadline).
  • Units/amount: 5,736.9 units reported at $7.01 per unit (total $40,197). Footnote shows unit price in COP was 25,701.19 (≈ $7.0068) using COP 3,668 = $1.
  • Instrument type/code: Award/Grant (A); reported as a derivative instrument; F2 notes no expiration date.
  • Shares owned after transaction: Not directly reported — units are held in a pension fund and the number of Grupo Cibest shares attributable to those units cannot be determined until withdrawal.
  • Footnote highlights (F1): units are held in an institutional voluntary pension fund sponsored by the issuer and administered by an independent manager; the reporting person has no voting or investment discretion over the fund; units were credited via a voluntary cash contribution and are payable in cash based on fund value at withdrawal.

Context
This was an award/credit into a unitized pension fund, not an open-market buy or sale of CIB common stock. For retail investors, note this provides economic exposure to Grupo Cibest through a managed pension vehicle rather than direct share ownership or voting control; the exact underlying share count isn’t determinable until the funds are withdrawn. The dollar amount is modest (~$40k) and appears to reflect a voluntary pension contribution credited as units.