Escovar Gomez Sylvia 4
4 · Grupo Cibest S.A. · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Escovar Gomez Receives 302 Units
What Happened
Sylvia Escovar Gomez, a director of Grupo Cibest (CIB), received 301.6 derivative units on April 20, 2026. The filing values the units at COP 26,765.16 per unit, approximately $7.26 each using a COP/USD rate of 3,615.1, for a total reported value of about $2,190. This transaction is reported as an award/acquisition (derivative units credited to a pension fund), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-20; Form 4 filed: 2026-04-23 (appears filed one business day after the usual two-business-day deadline).
- Instrument/amount: 301.6 units @ ~$7.26 per unit; total ≈ $2,190. Reported as a derivative (award/acquisition).
- Shares owned after transaction: not stated in the filing.
- Footnote F1: Units were credited to an institutional voluntary pension fund sponsored by Grupo Cibest 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 can’t be determined until withdrawal.
- Footnote F2: The instrument has no expiration date.
Context
These units represent holdings in a unitized pension fund that primarily invests in Grupo Cibest securities and a small amount of cash. Because the reporting person does not control voting or investment decisions for the fund and the award is tied to a pension vehicle (payable in cash based on fund value), this type of transaction is different from a direct market purchase and is generally less directly indicative of near-term trading sentiment.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-04-20$7.26/sh+301.6$2,190→ 39,720.411 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