Mejia Cardona Andres Felipe 4

What Happened
Andres Felipe Mejia Cardona, a director of Grupo Cibest S.A. (CIB), was credited 854.62 units in an institutional voluntary pension fund on June 17, 2026. The filing reports the units at a unit value of COP 27,081.70 (≈ $7.90 per unit), for a total reported value of approximately $6,751. This transaction is reported as an acquisition/award (derivative instrument).

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (filing was late vs. the 2-business‑day Form 4 deadline).
• Reported quantity & value: 854.62 units @ ≈ $7.90 per unit = ≈ $6,751 total.
• Instrument: Units in an institutional voluntary pension fund (reported as a derivative). Footnote F2 indicates the instrument has no expiration date.
• Shares owned after transaction: Not disclosed in the Form 4.
• Notable footnote (F1): The units represent holdings in a unitized, issuer‑sponsored voluntary pension fund administered by an independent manager. Mejia does not have voting or investment discretion over the fund assets. 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 underlying the units cannot be determined until withdrawal.

Context
This was an award/credit into a pension fund, not an open‑market purchase of common stock. Because the units are held in a third‑party managed pension vehicle (no voting/investment control by the director) and are paid out in cash based on fund value at withdrawal, the economic exposure to Grupo Cibest shares is indirect and the exact share equivalent isn’t specified. The late filing reduces near‑term transparency but does not, by itself, indicate intent.