Grupo Cibest S.A.·4

Jul 17, 5:19 PM ET

Toro Valencia Juan Esteban 4

Research Summary

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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.