Escovar Gomez Sylvia 4

What Happened

• Sylvia Escovar, a director of Grupo Cibest S.A. (CIB), acquired 430.69 units on May 19, 2026 under a grant/award (transaction code A). The unit price was COP 23,885.9 (≈ $6.29), giving an approximate transaction value of $2,709. This acquisition is an award/credit to an institutional voluntary pension fund rather than an open-market stock purchase.

Key Details

• Transaction date and price: May 19, 2026; Unit price COP 23,885.9 ≈ $6.29 (conversion rate COP 3,796.78 = $1).
• Quantity and value: 430.69 units; approx. $2,709 total.
• Securities type: Units in an institutional voluntary pension fund (reported as a derivative instrument; instrument has no expiration date).
• Ownership after transaction: Not specified in the filing.
• Filing date and timeliness: Filed May 21, 2026 — appears to have been filed promptly (within typical 2-business-day Form 4 window).
• Footnotes: The units were credited to a voluntary cash-contribution pension fund administered by an independent manager. The reporting person has no voting or investment discretion over fund assets. Units are payable in cash based on fund value at withdrawal; the number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal.

Context

• These are fund units (derivative exposure) credited from a voluntary pension contribution, not a direct share purchase. Because the units are unitized and payable in cash based on fund value, the filing does not reveal the exact number of Grupo Cibest shares underlying the units until withdrawal. This type of award generally reflects participation in a company-sponsored pension arrangement rather than a direct trading signal.