Zapata Zuluaga Nicolas 4/A

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.