Grupo Cibest S.A.·4

Mar 30, 8:39 PM ET

Villegas Gutierrez Jaime Alberto 4

Research Summary

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Grupo Cibest (CIB) VP Jaime Alberto Villegas Receives Award

What Happened

  • Jaime Alberto Villegas Gutierrez, Corporate Services Vice President at Grupo Cibest (CIB), was credited with 7,757.24 units in an institutional voluntary pension fund on March 27, 2026. The filing reports a unit price of $7.01, giving a total reported value of approximately $54,353. The transaction is coded as an award/acquisition (A) and is reported as a derivative instrument.

Key Details

  • Transaction date: 2026-03-27; Report filed: 2026-03-30 (timely).
  • Amount: 7,757.24 units at $7.01 per unit; reported total ≈ $54,353.
  • Shares owned after transaction: Not directly stated — the number of Grupo Cibest shares economically attributable to these units cannot be determined until withdrawal from the fund (see footnote).
  • Notable footnotes:
    • F1: Units are in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party. Villegas has no voting or investment discretion over the fund. Units were credited via a voluntary cash contribution and are payable in cash based on the fund value at withdrawal. Unit price on Mar 27, 2026 was COP 25,701.19 (~$7.0068 using COP 3,668/$1).
    • F2: The instrument has no expiration date.

Context

  • This report reflects an acquisition of units in a pension-style fund (a derivative/unitized instrument) rather than a direct open-market purchase of company shares. Because the units represent an interest in a fund that holds Cibest securities and cash, the exact number of underlying Grupo Cibest shares attributable to the reporting person is not determinable until withdrawal. The filing was submitted promptly.