Toro Valencia Juan Esteban 4
4 · Grupo Cibest S.A. · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Juan Esteban Toro Valencia Receives Award
What Happened
Juan Esteban Toro Valencia, a director of Grupo Cibest (CIB), was credited with 664.56 units on April 20, 2026. The units are reported as a derivative acquisition at a unit value of $7.26, for a total economic value of approximately $4,825. This transaction is an acquisition/award (code A), not a sale.
Key Details
- Transaction date: April 20, 2026; Form 4 filed April 23, 2026. Filing does not indicate a late-filing flag.
- Reported amount: 664.56 units at COP 26,765.16 per unit (≈ $7.26 using COP 3,615.1/USD) → ≈ $4,825 total.
- Security type: Reported as a derivative/unit (not direct common shares). Instrument has no expiration date (footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Footnote (F1): Units represent holdings 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; the number of underlying Grupo Cibest shares per unit cannot be determined until withdrawal.
Context
This was an acquisition of fund units (a form of deferred/retirement-type holding), not a direct open-market purchase of company shares. Because the units sit in an institutional pension fund without the director’s voting or investment control, the filing reflects an economic exposure rather than direct share ownership or exercise of options.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-04-20$7.26/sh+664.56$4,825→ 8,309.369 total(indirect: Director 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 uniton April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1.
- [F2]The instrument has no expiration date