Grupo Cibest S.A.: director Zapata Zuluaga Nicolas received 457.66 shares

What happened

• Zapata Zuluaga Nicolas, director, was credited 457.66 units reported as shares (derivative) on Oct 19, 2026 at $9.88 per unit, total $4,522.

Key details

• Transaction date and price: Oct 19, 2026 — 457.66 units at $9.88 per unit, total $4,522. Transaction code: A (award/grant/other acquisition); classified as derivative.
• Shares owned after the transaction: not reported in the filing.
• Footnote 1: the reported securities are units in an institutional voluntary pension fund sponsored by the issuer and administered by an independent third-party manager; the reporting person has no voting or investment discretion over the fund assets; units were credited pursuant to a voluntary cash contribution, are payable solely in cash based on the fund value at withdrawal; the Unit price on Oct 19, 2026 was COP 31,394.8120, equal to approximately $9.88 using a conversion rate of COP 3,174.67 per $1; the number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal.
• Footnote 2: the instrument has no expiration date.
• Filing timeliness: Form 4 filed Oct 21, 2026 for the Oct 19, 2026 transaction; filing is not reported as late.

Why it may matter

• The filing reports a derivative award credited to a voluntary pension fund rather than a direct open-market purchase or sale of company shares.
• A filing does not show why the insider traded or why the company acted.