Director Andres Felipe Mejia Cardona Acquires Units in Grupo Cibest Pension Fund

Executive Summary

On September 23, 2026, a Form 4 was filed for Grupo Cibest S.A. (NYSE: CIB) by Director Andres Felipe Mejia Cardona. The transaction, executed on September 21, 2026, involved an acquisition of 643.91 units in the Grupo Cibest Equity Securities Fund at an implied price of $9.64 per unit (COP 30,779.26 per unit), representing a total transaction value of approximately $6,207.29.

Transaction Details

• Security: Units in Grupo Cibest Equity Securities Fund (underlying securities comprise Common Shares and Preferred Shares)
• Transaction Code: A (Acquisition)
• Ownership Nature: Indirect through Director Voluntary Pension Fund Units
• Post-Transaction Holdings: 76,288.74 units

Context and Footnote Details

According to the footnotes, these units represent voluntary cash contributions to an institutional voluntary pension fund sponsored by the issuer and managed by an independent third-party manager. The fund invests primarily in Grupo Cibest common and preferred shares along with minor cash holdings. The reporting owner holds no voting or investment discretion over the fund's underlying portfolio assets, and the units are payable solely in cash upon withdrawal.

Trading Significance

The trading significance is assessed as Low. The transaction reflects a routine, modest voluntary pension fund contribution rather than an open-market discretionary purchase of equity shares.