Grupo Cibest: director Toro Valencia Juan Esteban received 441.77 shares

What happened

• Toro Valencia Juan Esteban, a director, acquired 441.77 units reported as shares in a derivative award on Oct 19, 2026. The filing lists a per-unit value of $9.88 and a total value of $4,365.

Key details

• Transaction date and price: Oct 19, 2026; 441.77 units at $9.88 per unit; total $4,365.
• Shares owned after the transaction: Not reported on the filing.
• Footnotes: F1 states the reported securities are units in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party; the reporting person has no voting or investment discretion over the fund; units were credited from a voluntary cash contribution, are not purchased at a fixed or negotiated price, and are payable in cash based on the fund value at withdrawal. The unit price on Oct 19, 2026 was COP 31,394.8120, approximately $9.88 using a conversion rate of COP 3,174.67 per $1. F2 notes the instrument has no expiration date.
• Filing date and report period: Form 4 filed Oct 21, 2026 for transaction on Oct 19, 2026.

Why it may matter

• This was an acquisition of pension-fund units tied economically to Grupo Cibest shares rather than a direct open-market purchase of the company’s shares.
• The instrument is a derivative award and has no expiration date (see F2).
• The filing does not show why the insider traded or why the company acted.