Jaramillo Mejia Ricardo 4
4 · Grupo Cibest S.A. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Ricardo Jaramillo Receives Award
What Happened
Ricardo Jaramillo Mejia, a director of Grupo Cibest (CIB), was credited with 283.12 units (reported as shares) on June 17, 2026. The units were valued at approximately $7.90 each, for a total reported value of $2,237. This transaction is reported as an award/acquisition (derivative units) rather than an open-market purchase or sale.
Key Details
- Transaction date: June 17, 2026; Report filed: June 22, 2026 (filed 5 days after the transaction).
- Amount: 283.12 units @ $7.90 per unit; total reported value ~$2,237.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party (no voting or investment discretion by the reporting person). Units were credited via a voluntary cash contribution and are payable in cash based on the fund value at withdrawal. The unit price on June 17, 2026 was COP 27,081.70 (~$7.90 using COP 3,427.07/USD). (F1)
- Instrument detail: The reported instrument is a unitized derivative with no expiration date. (F2)
Context
This was an award/credit into a pension fund (a form of acquisition) rather than a market buy or sale. Because the units are held in a third‑party administered fund and payable in cash at withdrawal, the filing does not directly indicate immediate share ownership, voting control, or trading intent. The filing appears to have been submitted five days after the transaction date, which is later than the typical Form 4 reporting window.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-06-17$7.90/sh+283.12$2,237→ 7,543.422 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 Unit on June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1.
- [F2]The instrument has no expiration date