Grupo Cibest (CIB) Director Andres Mejia Receives 644-Unit Award

What Happened
Mejia Cardona Andres Felipe, a director of Grupo Cibest S.A., was credited with 643.91 units (reported as shares) in an institutional voluntary pension fund on 2026-09-21. The units were valued at COP 30,779.2605 per unit (≈ $9.64 per unit using COP 3,192.92 = $1), for an aggregate reported value of approximately $6,207. This transaction is reported as an award/acquisition (code A) and is a derivative-style credit rather than an open-market purchase of stock.

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-23 (timely filing within the usual 2-business-day window).
• Units credited: 643.91 units at an implied $9.64/unit; total value reported ≈ $6,207.
• Security type: Units in an institutional voluntary pension fund that invests primarily in Grupo Cibest common and preferred shares (reported as a derivative acquisition).
• Shares owned after transaction: Not specified on the Form 4.
• Footnote highlights: (F1) Units were credited due to a voluntary cash contribution to the fund; the reporting person has no voting or investment discretion over the fund assets and units are payable in cash based on fund value at withdrawal. The number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal. (F2) The instrument has no expiration date.

Context
This is a credit into a company-sponsored voluntary pension fund (not an open-market purchase or sale). Such credits reflect retirement or deferred-compensation arrangements and do not necessarily indicate immediate trading intent. Because the fund is managed independently and units are payable in cash based on fund value, the economic exposure to Grupo Cibest shares is indirect and the exact stock-equivalent holding isn’t fixed until withdrawal.