Grupo Cibest S.A.·4

Apr 23, 5:38 PM ET

Mejia Cardona Andres Felipe 4

Research Summary

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Updated

Grupo Cibest Director Mejia Receives Award of 556.1 Units

What Happened

  • Mejia Cardona Andres Felipe, a director of Grupo Cibest S.A. (CIB), was credited with 556.1 units (reported as a derivative acquisition/award) on April 20, 2026. The filing values each unit at approximately $7.26, for a total value of about $4,037.
  • This was an award/acquisition of units in an institutional voluntary pension fund, not an open-market purchase or direct share grant.

Key Details

  • Transaction date: 2026-04-20; Filing date: 2026-04-23 (no late filing indicated in the report).
  • Units acquired: 556.1; Unit value reported: COP 26,765.16 ≈ $7.26 (conversion rate COP 3,615.1/USD); Total value ≈ $4,037.
  • Security type: Derivative units in an institutional voluntary pension fund (not direct common/preferred shares).
  • Shares owned after the transaction: Not specified in the filing.
  • Footnote: Units were credited pursuant to a voluntary cash contribution to a unitized pension fund administered by an independent manager; the reporting person has no voting or investment discretion over the fund's assets.

Context

  • These are units in a pension fund that primarily holds Grupo Cibest shares and some cash. The reporting person does not directly hold voting rights or direct share ownership through these units.
  • The exact number of underlying Grupo Cibest shares attributable to the units cannot be determined until withdrawal from the fund, so this acquisition is economically linked to the company but not equivalent to receiving direct company shares.