Mejia Cardona Andres Felipe 4

What Happened
Andres Mejia Cardona, a director of Grupo Cibest S.A., was credited with 567.83 units in an institutional voluntary pension fund on March 20, 2026. The units were valued at COP 26,230.53 each (≈ $7.10), for an aggregate reported value of about $4,032. This transaction is reported as an award/acquisition of a derivative interest (Form 4 code A) — not a direct open-market purchase of company shares.

Key Details

• Transaction date: 2026-03-20; Filing date: 2026-04-23 (filed ~34 days after the transaction; appears late).
• Units received: 567.83; unit price on that date: COP 26,230.53 ≈ $7.10; total value ≈ $4,032.
• Instrument: Units in an institutional voluntary pension fund that invests primarily in Grupo Cibest shares (reported as a derivative award).
• Shares owned after transaction: The filing does not report a determinable number of Grupo Cibest shares because the units are payable in cash and the number of underlying shares cannot be determined until withdrawal.
• Footnote summary: Units were credited from a voluntary cash contribution to a fund administered by an independent manager; the reporting person has no voting or investment discretion over the fund. Units are not purchased at a fixed/negotiated price and are payable in cash based on fund value at withdrawal.

Context
This was an award of fund units rather than a stock buy or sale. Because the units are held in a third‑party administered pension fund and payable in cash, the transaction does not directly change the insider’s voting control or immediately translate into a known number of company shares. The filing was submitted more than a month after the transaction date; late Form 4 filings can attract SEC attention and may have reporting consequences.