Grupo Cibest (CIB) Director Andres Mejia Receives 726-Unit Award

What Happened

• Andres Felipe Mejia Cardona, a director of Grupo Cibest S.A., was credited with 726.04 derivative units on July 16, 2026. The units were valued at COP 26,276.51 each (≈ $8.13), for a total reported value of about $5,903. This transaction is reported as an award/grant (transaction code A).

Key Details

• Transaction date and price: July 16, 2026; 726.04 units at COP 26,276.51 per unit (≈ $8.13), total ≈ $5,903.
• Nature of the instrument: Units in an institutional voluntary pension fund (derivative units); instrument has no expiration date (footnote F3).
• Fund mechanics: Units are unitized, invest primarily in Grupo Cibest shares with some cash, and were credited due to a voluntary cash contribution by the reporting person. Units are payable in cash based on the fund value at withdrawal; the reporting person has no voting or investment discretion over the fund (footnote F1).
• Amendment: This filing is a Form 4/A that amends a prior Form 4 (filed July 17, 2026) to correct previously reported derivative and beneficial-ownership numbers that were clerical errors (footnote F2). Consult the amended filing for the corrected beneficial-ownership totals.

Context

• This was an award/credit of pension fund units, not an open-market purchase or a sale. Because the units are held in an externally managed pension fund (no voting/investment control) and are payable in cash based on fund value, the transaction should be viewed as a pension contribution/award rather than a direct vote of confidence via a market purchase.
• No immediate sale or cashless exercise was reported.