Zapata Zuluaga Nicolas 4

4 · Grupo Cibest S.A. · Filed Apr 23, 2026

AI-generated summary of this filing

Updated Apr 23, 2026

Grupo Cibest (CIB) Director Zapata Zuluaga Receives Award

What Happened

Director Nicolas Zapata Zuluaga received an award/acquisition of 354.9 units reported as shares on March 20, 2026, at an implied unit value of $7.10 each, for a total reported value of about $2,520. The transaction is reported as a derivative award (code A).

Key Details

Transaction date and price: 2026-03-20; 354.9 units at ≈$7.10 per unit (unit price COP 26,230.53; conversion rate COP 3,692.48 = $1).
Total reported value: ≈$2,520.
Shares/units owned after transaction: not specified in the filing.
Footnotes: units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by a third party; the reporting person has no voting or investment discretion over the fund assets. Units were credited from a voluntary cash contribution and are payable in cash based on fund value at withdrawal; the number of underlying Grupo Cibest shares per unit cannot be determined until withdrawal (Footnote F1).
Instrument detail: no expiration date (Footnote F2).
Filing timeliness: Reported on Form 4 filed 2026-04-23 for a 2026-03-20 transaction — this is a late filing (outside the usual two-business-day reporting window).

Context

This was an award/credit to a pension fund account (a derivative/unitized interest), not an open‑market purchase of common stock. Because the units represent a claim on a fund that holds Grupo Cibest shares (and cash) and the reporting person lacks voting/investment control, the filing does not provide a direct, immediate change in voting exposure or precise share count. The dollar amount is small (~$2.5k) and appears routine.

Form 4

Period: 2026-03-20

Director

Transactions

Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]
2026-03-20$7.10/sh+354.9$2,520→ 3,663.149 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 uniton March 20,2026 was COP 26,230.53 equal to approximately $7.10 per Unit using a conversion rate of COP 3,692.48 per $1.
[F2]The instrument has no expiration date

Signature

/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Nicolas Zapata Zuluaga|2026-04-23

1 file