Zapata Zuluaga Nicolas 4

What Happened
Nicolas Zapata Zuluaga, a director of Grupo Cibest (CIB), was credited with 406.187 units in an institutional voluntary pension fund on May 19, 2026. The filing reports the units at COP 23,885.9 per unit (≈ $6.29), for a reported economic value of approximately $2,555. The transaction is reported as an award/grant (code A) and represents a derivative interest in a fund that holds Grupo Cibest securities.

Key Details

• Transaction date: May 19, 2026; Filing date: May 21, 2026 (reported within typical 2-business-day window).
• Quantity & price: 406.187 units at COP 23,885.9 per unit (≈ $6.29) — total ≈ $2,555.
• Shares/units owned after transaction: not specified in the filing.
• Footnotes:
  • The reported securities are units in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party.
  • The reporting person has no voting or investment discretion over the fund assets. Units were credited via a voluntary cash contribution, are not bought at a fixed/negotiated price, and are payable in cash based on fund value at withdrawal. The number of underlying Grupo Cibest shares attributable to the units cannot be determined until withdrawal. (F1)
  • The instrument has no expiration date. (F2)
• Transaction type: Award/Grant (derivative unit credit), not an open-market purchase or sale.

Context
This was a credit of pension-fund units rather than a direct share purchase or sale; the units give economic exposure to Grupo Cibest but do not confer voting or investment control to the director. The reported value is modest (~$2.6k) and, because the underlying share equivalence is indeterminate until withdrawal, this filing does not provide a clear signal about the director’s trading intent.