Mejia Cardona Andres Felipe 4
4 · Grupo Cibest S.A. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest Director Andres Mejia Receives 854.62 Pension‑Fund Units
What Happened
Andres Felipe Mejia Cardona, a director of Grupo Cibest S.A. (CIB), was credited 854.62 units in an institutional voluntary pension fund on June 17, 2026. The filing reports the units at a unit value of COP 27,081.70 (≈ $7.90 per unit), for a total reported value of approximately $6,751. This transaction is reported as an acquisition/award (derivative instrument).
Key Details
- Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (filing was late vs. the 2-business‑day Form 4 deadline).
- Reported quantity & value: 854.62 units @ ≈ $7.90 per unit = ≈ $6,751 total.
- Instrument: Units in an institutional voluntary pension fund (reported as a derivative). Footnote F2 indicates the instrument has no expiration date.
- Shares owned after transaction: Not disclosed in the Form 4.
- Notable footnote (F1): The units represent holdings in a unitized, issuer‑sponsored voluntary pension fund administered by an independent manager. Mejia does not have voting or investment discretion over the fund assets. Units were credited from a voluntary cash contribution and are payable in cash based on the fund value at withdrawal; the number of Grupo Cibest shares underlying the units cannot be determined until withdrawal.
Context
This was an award/credit into a pension fund, not an open‑market purchase of common stock. Because the units are held in a third‑party managed pension vehicle (no voting/investment control by the director) and are paid out in cash based on fund value at withdrawal, the economic exposure to Grupo Cibest shares is indirect and the exact share equivalent isn’t specified. The late filing reduces near‑term transparency but does not, by itself, indicate intent.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-06-17$7.90/sh+854.62$6,751→ 74,262.12 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