Grupo Cibest S.A.·4

May 21, 4:25 PM ET

Mejia Cardona Andres Felipe 4

Research Summary

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Updated

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 The filing shows a small monetary value (~$5k) and limited economic exposure until units are converted or withdrawn.