Escovar Gomez Sylvia 4
4 · Grupo Cibest S.A. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Sylvia Escovar Receives Award
What Happened
Sylvia Escovar, a director of Grupo Cibest S.A. (CIB), was credited with 464.91 units (reported as a derivative acquisition/award) on June 17, 2026. The filing values each unit at approximately $7.90, for a total reported value of about $3,673. This was an award/acquisition (report code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (filed after the typical 2-business-day window).
- Amount: 464.91 units at COP 27,081.70 per unit (≈ $7.90); total ≈ $3,673.
- Security type: derivative units in an institutional voluntary pension fund sponsored by Grupo Cibest (not direct common shares).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: (1) Units were credited from a voluntary cash contribution to the unitized pension fund, which invests primarily in Grupo Cibest shares; Escovar has no voting or investment discretion over the fund. The number of underlying Grupo Cibest shares attributable to the units cannot be determined until withdrawal. (2) The instrument has no expiration date.
Context
This was an award/credit of pension fund units rather than a direct stock purchase or sale. Because the units are held in an institutional, unitized pension vehicle managed by a third party, the reporting person does not control voting or investment decisions for the underlying assets. The filing appears to have been submitted late relative to the usual two-business-day Form 4 deadline.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-06-17$7.90/sh+464.91$3,673→ 40,616.011 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