Echavarria Uribe Claudia Patricia 4/A
4/A · Grupo Cibest S.A. · Filed May 7, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) VP Claudia Echavarria Receives 5,744 Pension Units
What Happened
Claudia Patricia Echavarria Uribe, Vice President of Corporate Governance at Grupo Cibest (CIB), received 5,744.035 derivative units on March 30, 2026 as an award/other acquisition. The units were reported at $7.01 each for a total reported value of $40,247 (transaction code A). The instrument is a derivative interest (units in an institutional voluntary pension fund), not a direct open‑market purchase of common stock.
Key Details
- Transaction date and type: 2026-03-30 — Grant/Award/Other acquisition (A).
- Reported amount: 5,744.035 units at $7.01 per unit; total reported value $40,247. (Unit price referenced as COP 25,701.19 ≈ $7.0068 using COP 3,668 = $1.)
- Security type: Derivative units held in an institutional voluntary pension fund sponsored by the issuer; instrument has no expiration date.
- Shares owned after transaction: Not stated / cannot be converted to an exact number of Grupo Cibest shares — the fund is unitized and the number of underlying shares economically attributable is determined only at withdrawal.
- Filing status: This is an amended Form 4/A filed 2026-05-07 to correct previously reported beneficial ownership figures; the original Form 4 was filed on 2026-03-30.
Context
- These units were credited following a voluntary cash contribution to the issuer‑sponsored pension fund. The reporting person does not have voting or investment discretion over the fund assets; units are payable in cash based on fund value at withdrawal.
- Because this is a derivative/unit award in a pension vehicle (not a direct buy or sale of common stock), it should be viewed as a compensation/benefit entry rather than an open‑market bullish or bearish trade indicator.
Insider Transaction Report
Form 4/AAmended
Echavarria Uribe Claudia Patricia
Corporate Governance VP
Transactions
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2][F3]2026-03-30$7.01/sh+5,744.035$40,247→ 40,615 total(indirect: Employee Voluntary Pension Fund Units)→ Common Shares and Preferred Shares
Footnotes (3)
- [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 unit on March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 per $1.
- [F2]The instrument has no expiration date.
- [F3]The Form 4/A amends the Form 4 filed on March 30, 2026, to correct the number of derivative securities beneficially owned following the reported transaction in Column 9, which was previously reported as 5,744.035 due to a clerical error.
Signature
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Claudia Patricia Echavarria Uribe|2026-05-07