Zapata Zuluaga Nicolas 4
4 · Grupo Cibest S.A. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest Director Nicolas Zapata Receives Award of 4,965 Units
What Happened Nicolas Zapata Zuluaga, a director of Grupo Cibest S.A. (CIB), was credited with 4,965.321 units of an institutional voluntary pension fund on July 16, 2026. The filing reports a unit value of COP 26,276.515609, which converts to approximately $8.13 per unit, for a total reported economic value of about $40,368. This transaction is reported as an award/acquisition (code A), not a sale.
Key Details
- Transaction date: 2026-07-16; filing date (Form 4): 2026-07-17 (timely).
- Units acquired: 4,965.321; reported unit price: COP 26,276.515609 ≈ $8.13; total value ≈ $40,368.
- Shares owned after transaction: Not reported (the filing lists units in a pension fund, not direct share count).
- Footnote highlights:
- F1: Units are held in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party; Zapata has no voting or investment discretion over the fund. Units were credited from a voluntary cash contribution and are payable in cash based on the fund value at withdrawal. The number of underlying Grupo Cibest shares per unit cannot be determined until withdrawal.
- F2: The instrument has no expiration date.
- Transaction type: Award/Acquisition of derivative units (code A).
Context This was an award/credit of pension-fund units rather than a direct open-market purchase of stock. Because the units are unitized and payable in cash and the reporting person lacks control over the fund’s investments, the filing does not directly reveal a change in voting power or immediate share ownership—only an economic exposure tied to a fund that mainly holds Grupo Cibest shares.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-07-16$8.13/sh+4,965.321$40,368→ 9,920.838 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 July 16, 2026 was COP 26,276.515609 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.
- [F2]The instrument has no expiration date