Toro Valencia Juan Esteban 4/A

What Happened

• Juan Esteban Toro Valencia, a director of Grupo Cibest (CIB), was credited with 519.18 units (reported as derivative securities) on July 16, 2026. The unit price was COP 26,276.51 (~$8.13) using COP 3,233.91/USD, valuing the award at approximately $4,221. The transaction is reported as an award/grant (code A) and the instrument has no expiration date.
• These units were credited to an institutional voluntary pension fund (see Key Details). The filing on July 23, 2026 is an amendment correcting prior clerical errors in the originally filed Form 4.

Key Details

• Transaction date: 2026-07-16; Unit price: COP 26,276.51 ≈ $8.13; Quantity: 519.18 units; Total value ≈ $4,221.
• Instrument type: derivative units in an institutional voluntary pension fund (no expiration date).
• Post-transaction beneficial ownership: the Form 4/A amends prior reported totals; previously misstated numbers (10,113.5979 acquired and 19,708.0121 beneficially owned) were clerical errors—see the amended Form 4 for the corrected total beneficial ownership.
• Footnotes: the units are held in a unitized voluntary pension fund sponsored by the issuer and managed by a third party. The reporting person does not have voting or investment discretion over fund assets. Units are credited via a voluntary cash contribution, are not purchased at a fixed/negotiated price, and are payable solely in cash based on fund value upon withdrawal. The economic number of underlying Grupo Cibest shares cannot be determined until withdrawal.
• Filing timeliness: This Form 4 was filed and later amended on 2026-07-23 for a 2026-07-16 transaction (late relative to the usual 2-business-day Form 4 deadline); the amendment corrects previously reported figures.

Context

• This was an award/credit to a pension fund account, not an open-market purchase or sale. Because the units are held in a third-party managed pension fund with no voting or investment discretion by the director and are payable in cash, the transaction does not directly indicate immediate buying or selling of company stock by the insider.