Vasquez Uribe Liliana Patricia 4

What Happened
Liliana Patricia Vasquez Uribe, Payments Vice President of Grupo Cibest (CIB), was credited with 4,264.934 units in an institutional voluntary pension fund on March 27, 2026. The filing reports an acquisition/award (code A) at a reported unit price of $7.01, for a reported total value of $29,884. The transaction is recorded as a derivative-style acquisition because the units represent interests in a fund that holds Grupo Cibest shares and cash.

Key Details

• Transaction date: 2026-03-27; Form 4 filed: 2026-03-30 (filed timely).
• Quantity and price: 4,264.934 units at $7.01 per unit; reported total $29,884.
• Shares owned after transaction: not specified in the filing.
• Footnote summary: the units are held in a voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party. The fund is unitized, invests primarily in Grupo Cibest common and preferred shares, and the reporting person has no voting or investment discretion over the fund (F1). The unit price on Mar 27, 2026 was COP 25,701.19 (~$7.0068 using COP 3,668 per $1). The instrument has no expiration date (F2).
• Nature of transaction: reported as a derivative acquisition (units in a fund), not a direct open-market purchase of company shares.

Context: This was an award/contribution to a pension-style fund that gives the insider economic exposure to Grupo Cibest stock through fund units. Because the reporting person cannot direct the fund’s investments and the units are redeemable for cash based on fund value, the reported units do not translate immediately into a specific number of Grupo Cibest shares. Such pension-fund credits differ from direct stock purchases or option exercises and should be interpreted as added economic exposure rather than an active, discretionary stock buy.