Grupo Cibest S.A.·4/A

May 7, 6:17 PM ET

Echavarria Uribe Claudia Patricia 4/A

Research Summary

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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.