Grupo Cibest (CIB) Director Ricardo Jaramillo Receives Award

What Happened
Ricardo Jaramillo Mejia, a director of Grupo Cibest S.A. (CIB), was credited with 255.45 units on August 20, 2026, valued at approximately $9.73 per unit for a total of ~$2,486. The transaction is reported as a grant/award/other acquisition (derivative instrument) rather than an open-market purchase.

Key Details

• Transaction date: 2026-08-20; filing date (Accession 0002058897-26-000283): 2026-08-24 (filed 4 days after the transaction; Form 4 is normally due within 2 business days).
• Units/shares credited: 255.45 units; reported unit price on Aug 20, 2026: COP 29,733.504428 ≈ $9.73 (conversion rate COP 3,053.48 = $1). Total reported value ≈ $2,486.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes: F1 — units represent holdings in an institutional voluntary pension fund sponsored by the issuer and administered by a third-party manager; reporting person has no voting or investment discretion; units were credited from a voluntary cash contribution and are payable in cash based on fund value at withdrawal (underlying number of Cibest shares is indeterminate until withdrawal). F2 — the instrument has no expiration date.

Context
This was an award/credit into a unitized pension fund, not a direct open‑market purchase or sale of company stock. Because the units are held in a third‑party‑managed pension fund (no voting/investment discretion) and are payable in cash based on fund value, the transaction conveys limited direct insight into the insider’s view of the stock. The monetary value is modest (~$2.5k), so it’s a small, routine compensation/contribution event rather than a material insider bet.