Grupo Cibest (CIB) Director Zapata Receives Award of 469 Units

What Happened Nicolas Zapata Zuluaga, a director of Grupo Cibest S.A. (CIB), was credited with 469.47 units (reported as a derivative acquisition/award) on August 20, 2026. The filing values the units at approximately $9.73 each, for a total reported value of about $4,568. This was an acquisition/award (code A), not a sale.

Key Details

• Transaction date: 2026-08-20; Report filed: 2026-08-24 (filed 4 days after the transaction).
• Price/value: 469.47 units × $9.73 per unit ≈ $4,568 (unit price derived from COP 29,733.504428 and conversion rate COP 3,053.48 = $1).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — the reported securities are unit interests in an institutional voluntary pension fund sponsored by the issuer and managed by a third party; units were credited pursuant to a voluntary cash contribution, the reporting person has no voting or investment discretion, and the number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal. F2 — the instrument has no expiration date.
• Timeliness: Filing appears late (filed 4 days after the transaction), which the filing flags as potentially untimely.

Context This was a derivative award of pension-fund units (not an open-market purchase of company shares). Because the units are held in a unitized pension fund and are payable in cash based on fund value at withdrawal, the exact number of Grupo Cibest shares underlying these units isn’t determinable now. Such pension contributions/awards are common and do not by themselves indicate the director’s trading intentions.