Restrepo Echavarria Luis Fernando 4

What Happened

• Luis Fernando Restrepo Echavarria, a director of Grupo Cibest S.A. (CIB), was credited with 538.582 units on May 19, 2026. The filing lists this as an award/grant/other acquisition (code A). The reported unit price was COP 23,885.9, equivalent to approximately $6.29 per unit, for a total reported value of about $3,388. This was an acquisition via a pension/voluntary contribution rather than an open-market stock purchase.

Key Details

• Transaction date and price: May 19, 2026 — 538.582 units at COP 23,885.9/unit (≈ $6.29/unit).
• Total value reported: approximately $3,388.
• Shares/units owned after transaction: Not specified; the filing does not report a post-transaction common-share total.
• Footnotes of note:
  • F1: These are units in an institutional voluntary pension fund sponsored by the issuer and administered by a third party. The reporting person does not have voting or investment discretion over the fund. Units were credited from a voluntary cash contribution and are payable in cash based on the fund value at withdrawal; the number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal.
  • F2: The instrument has no expiration date.
• Filing timeliness: Report filed May 21, 2026 for a May 19 transaction — within the typical two-business-day Form 4 window (not marked late).

Context

• This transaction represents an award/acquisition of pension-fund units, not a direct open-market purchase of common stock. Because the units are unitized holdings in a pension fund and payable in cash at withdrawal, the exact number of underlying Grupo Cibest shares attributable to these units isn’t determinable now. Such pension contributions are routine compensation/retirement-related events and do not by themselves indicate the director’s trading view on the stock.