Escovar Gomez Sylvia 4
4 · Grupo Cibest S.A. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Sylvia Escovar Receives 41,010.51 Units
What Happened
Sylvia Escovar, a director of Grupo Cibest S.A., was credited with 41,010.51 units (reported as a derivative award/acquisition) on July 16, 2026. The filing values the units at COP 26,276.515609 per unit, which converts to approximately $8.13 per unit using COP 3,233.91/USD, for a total reported value of about $333,415. The transaction is reported as an acquisition (code A) of a derivative instrument.
Key Details
- Transaction date: 2026-07-16; filing date: 2026-07-17 (appears timely).
- Amount: 41,010.51 units at ~COP 26,276.52 per unit (≈ $8.13/unit). Total ≈ $333,415.
- Shares/units owned after transaction: Not specified / not determinable in the filing.
- Footnote F1: Units are held in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party; the reporting person 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 attributable to these units cannot be determined until withdrawal.
- Footnote F2: The instrument reported has no expiration date.
- Transaction type: Derivative/award (A) — not an open-market purchase of direct company shares.
Context
This transaction represents an economic exposure to Grupo Cibest via a unitized pension fund rather than a direct purchase of voting shares. Because the units are payable in cash based on fund value and the number of underlying Cibest shares per unit isn’t fixed until withdrawal, the filing does not provide a precise share equivalent. As an acquisition (voluntary contribution/award), it is generally a more informative signal than a routine sale, but it should be interpreted as participation in an issuer-sponsored pension vehicle rather than a direct stock market buy.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-07-16$8.13/sh+41,010.51$333,415→ 81,626.521 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