Grupo Cibest S.A.·4/A

Jul 31, 1:13 PM ET

Zapata Zuluaga Nicolas 4/A

4/A · Grupo Cibest S.A. · Filed Jul 31, 2026

Research Summary

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Updated

Grupo Cibest (CIB) Director Nicolas Zapata Receives 521.37 Units

What Happened

  • Nicolas Zapata Zuluaga, a director of Grupo Cibest (CIB), acquired 521.37 derivative units on July 30, 2026. The units were valued at COP 28,345.28 per unit (≈$8.84), for a total reported value of about $4,609. This transaction is reported as an award/grant/other acquisition (code A) of derivative securities rather than an open-market stock purchase or sale.

Key Details

  • Transaction date and price: July 30, 2026; Unit price COP 28,345.28 ≈ $8.84 (conversion rate COP 3,206.18/$1).
  • Quantity and value: 521.37 derivative units acquired; reported value ≈ $4,609.
  • Nature of the instrument: These are units in an institutional voluntary pension fund that is unitized and holds primarily Grupo Cibest common and preferred shares (footnote F1). The units are derivative in nature, payable in cash based on fund value, and have no expiration date (F3).
  • Voting/investment control: The reporting person does not have voting or investment discretion over the fund’s assets (F1).
  • Filing note: This is an amended Form 4 (Form 4/A) correcting the previously reported transaction date and clerical errors in the number of derivative securities acquired and owned (F2). The amendment clarifies the transaction occurred July 30, 2026 and fixes prior numeric errors.

Context

  • These units represent an economic interest in a pension fund that holds Cibest securities, not a direct purchase of company stock; the number of actual Grupo Cibest shares attributable to the units cannot be determined until withdrawal. Such awards via pension funds are typically administrative/compensation actions and do not necessarily reflect discretionary trading by the director.

Insider Transaction Report

Form 4/AAmended
Period: 2026-07-30
Transactions
  • Award

    Units in Grupo Cibest Equity Securities Fund

    [F1][F2][F3]
    2026-07-30$8.84/sh+521.37$4,6095,476.88 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 30, 2026 was COP 28,345.28 equal to approximately $8.84 per Unit using a conversion rate of COP 3,206.18 per $1.
  • [F2]The Form 4/A amends the Form 4 filed on July 17, 2026, which mistakenly reported a transaction as occurring on July 16, 2026 which in fact occurred July 30, 2026. Additionally, this form 4/A is being filed 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 4,965.3212 and 9,920.8379 respectively, due to a clerical error.
  • [F3]The instrument has no expiration date.
Signature
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Nicolas Zapata Zuluaga|2026-07-31

Documents

1 file
  • 4/A
    wk-form4a_1785518016.xmlPrimary

    FORM 4/A