Grupo Cibest S.A.·4/A

Jul 23, 5:29 PM ET

Restrepo Echavarria Luis Fernando 4/A

4/A · Grupo Cibest S.A. · Filed Jul 23, 2026

Research Summary

AI-generated summary of this filing

Updated

Grupo Cibest Director Restrepo Receives Award of 492.52 Units

What Happened

  • Luis Fernando Restrepo Echavarria, a director of Grupo Cibest S.A. (CIB), was credited with 492.52 units on July 16, 2026. The units are reported as a derivative acquisition (Award/Grant) with a per‑unit value of $8.13, for a total reported value of approximately $4,004. This Form 4/A amends an earlier Form 4 to correct previously reported counts.

Key Details

  • Transaction date: July 16, 2026; Filing: amended Form 4 filed July 23, 2026 (original Form 4 filed July 17, 2026).
  • Amount: 492.52 units at $8.13 per unit; total ≈ $4,004.
  • Shares owned after transaction: the filing does not state a determinable number of Grupo Cibest shares attributable to these units; per the footnote, the number of underlying shares cannot be determined until fund withdrawal.
  • Notable footnotes:
    • F1: Units represent holdings in an institutional voluntary pension fund sponsored by the issuer and managed by a third party; the reporting person has no voting or investment discretion over the fund. Units were credited from a voluntary cash contribution and are payable in cash based on fund value at withdrawal.
    • F2: This amendment corrects clerical errors in previously reported derivative counts on the original July 17 filing.
    • F3: The instrument has no expiration date.
  • Timeliness: This is an amended (corrective) filing; the original Form 4 was filed promptly on July 17, 2026.

Context

  • These are derivative units in a unitized pension fund that primarily holds Grupo Cibest securities; they give economic exposure but do not represent direct share voting control and are payable in cash based on fund valuation. This type of award signals a contribution into a company‑sponsored pension vehicle rather than an open‑market purchase of shares.

Insider Transaction Report

Form 4/AAmended
Period: 2026-07-16
Transactions
  • Award

    Units in Grupo Cibest Equity Securities Fund

    [F1][F2][F3]
    2026-07-16$8.13/sh+492.52$4,00441,555.57 total(indirect: Director Voluntary Pension Fund Units)
    Common Shares and Preferred Shares
Footnotes (3)
  • [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 Unit on July 16, 2026 was COP 26,276.51 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.
  • [F2]The Form 4/A amends the Form 4 filed on July 17, 2026, to correct the number of derivative securities acquired and beneficially owned following the reported transaction in Column 5 and 9, which were previously reported as 41,555.57 and 82,618.6167 respectively, due to a clerical error.
  • [F3]The instrument has no expiration date.
Signature
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Luis Fernando Restrepo Echavarria|2026-07-23

Documents

1 file
  • 4/A
    wk-form4a_1784842163.xmlPrimary

    FORM 4/A