Grupo Cibest (CIB) Director Ricardo Jaramillo Receives Award

What Happened
Ricardo Jaramillo Mejia, a director of Grupo Cibest S.A. (CIB), was credited with 286.48 units (reported as derivative securities) on July 16, 2026. The filing values each unit at COP 26,276.51 (≈ $8.13 using COP 3,233.91/USD), making the transaction roughly $2,329. The units are part of an institutional voluntary pension fund sponsored by the issuer; they were credited after a voluntary cash contribution and are treated as derivative interests rather than direct share purchases.

Key Details

• Transaction date: 2026-07-16; reported unit price: COP 26,276.51 ≈ $8.13; total value ≈ $2,329.
• Transaction type: A (Award/grant or other acquisition) of derivative units (no exercise or sale).
• Shares owned after transaction: Not specified in the excerpt provided; the Form 4/A corrects previously misreported counts.
• Notable footnotes: (F1) Units are held in a unitized voluntary pension fund that invests primarily in Grupo Cibest stock; the reporting person has no voting or investment discretion over fund assets and units are payable in cash based on fund value at withdrawal. (F3) The instrument has no expiration date. (F2) This filing amends a Form 4 filed July 17, 2026 to correct clerical errors in the reported counts.
• Timeliness: The original Form 4 was filed July 17, 2026 (timely); this Form 4/A (amendment) was filed July 24, 2026 to correct reporting errors.

Context
These units represent economic exposure to Grupo Cibest shares through a pension fund vehicle—not direct share ownership with voting control. Such credited units from voluntary pension contributions are common compensation or savings arrangements and do not by themselves indicate a change in the director’s trading intent.