Botero Lopez David Alejandro 4

What Happened

• Botero Lopez David Alejandro (Corporate VP) reported an acquisition (Code A) on 2026-03-27 of 3,398.332 units at an effective unit price of $7.01, for a reported value of $23,811. The filing classifies the transaction as derivative (units in a fund), not a direct open‑market share purchase.

Key Details

• Transaction date and price: 2026-03-27 — 3,398.332 units @ $7.01 per unit (reported unit price was COP 25,701.19 ≈ $7.0068 using COP 3,668 = $1).
• Total reported value: $23,811.
• Security type: Units in an institutional voluntary pension fund (reported as a derivative instrument); F2 notes the instrument has no expiration date.
• Shares owned after transaction: The filing does not state a total share count; footnote F1 says the number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal.
• Footnote highlights (F1): Units were credited via a voluntary cash contribution to a unitized pension fund administered by an independent manager, the reporting person has no voting or investment discretion over the fund, and units are payable in cash based on fund value at withdrawal.
• Filing timeliness: Reported on 2026-03-30 (filed within the Form 4 two‑business‑day window).

Context

• This was an allocation into a pension/voluntary retirement fund that holds primarily Grupo Cibest shares plus cash — it reflects a retirement/investment contribution rather than a direct share purchase or sale and does not convey voting control. The economic exposure to underlying Grupo Cibest common/preferred shares will be known only when units are converted/withdrawn.