Toro Valencia Juan Esteban 4
4 · Grupo Cibest S.A. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Juan Esteban Toro Valencia Receives Award
What Happened
- Juan Esteban Toro Valencia, a director of Grupo Cibest S.A. (CIB), was credited 10,113.598 units in an institutional voluntary pension fund on July 16, 2026. The report values the units at $8.13 each for a total reported value of approximately $82,224. The filing treats this as an award/acquisition (Form 4 code A) of a derivative interest.
Key Details
- Transaction date: 2026-07-16; Form 4 filed: 2026-07-17 (filed next day).
- Reported units: 10,113.598 units at COP 26,276.515609 per unit (≈ $8.13 using COP 3,233.91 = $1).
- Reported value: ~$82,224 (rounded).
- Type: Award/acquisition of unitized derivative interest (not a direct open-market stock purchase).
- Shares owned after the transaction: Not specified in the filing.
- Notable footnotes:
- F1: Units are held in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party. The reporting person does not have voting or investment discretion over the fund. Units were credited following a voluntary cash contribution; they are payable in cash based on the fund value at withdrawal and are not purchased at a fixed/negotiated per-share price. The number of underlying Grupo Cibest shares attributable to the units is undetermined until withdrawal.
- F2: The instrument has no expiration date.
Context
- This filing reports a derivative/unit credit to a company-sponsored pension vehicle rather than a direct stock buy or sale. Such contributions are routine compensation/benefit transactions and do not necessarily indicate immediate buying or selling of company stock by the director.
Insider Transaction Report
Form 4
Toro Valencia Juan Esteban
Director
Transactions
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-07-16$8.13/sh+10,113.598$82,224→ 19,708.012 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
Signature
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Juan Esteban Toro Valencia|2026-07-17