Mejia Cardona Andres Felipe 4
4 · Grupo Cibest S.A. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest Director Mejia Cardona Receives 792.688-Unit Award
What Happened
Director Mejia Cardona Andres Felipe was credited with 792.688 units (reported as derivative securities) in a company‑sponsored institutional voluntary pension fund on May 19, 2026. The filing values each unit at COP 23,885.9 (about $6.29), for an aggregate reported value of approximately $4,986. This is reported as an award/acquisition (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-19; Filing date: 2026-05-21 (filed within the standard two‑business‑day Form 4 window).
- Quantity and value: 792.688 units × ~$6.29 per unit = ~$4,986 (reported as a derivative award).
- Shares owned after transaction: not specified in the provided filing.
- Footnote: Units are held in 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 assets.
- The units were credited from a voluntary cash contribution and are payable in cash based on fund value at withdrawal; the exact number of underlying Grupo Cibest shares attributable to these units cannot be determined until withdrawal.
Context
This was an award/credit into a company‑sponsored pension vehicle, not a direct purchase of company shares and not a sale. Such credits often reflect retirement plan contributions or similar arrangements and do not by themselves indicate the insider’s trading view of the stock. The filing shows a small monetary value (~$5k) and limited economic exposure until units are converted or withdrawn.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1]2026-05-19$6.29/sh+792.688$4,986→ 73,407.5 total(indirect: Director Voluntary Pension Fund Units)→ Common Shares and Preferred Shares
Footnotes (1)
- [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 May 19, 2026 was COP 23,885.9 equal to approximately $6.29 per Unit using a conversion rate of COP 3,796.78 per $1