A statement of changes in beneficial ownership was filed on August 24, 2026, reporting that Nicolas Zapata Zuluaga, a director of Grupo Cibest S.A. (NYSE:CIB), acquired 469.47 units in the Grupo Cibest Equity Securities Fund on August 20, 2026.

Key Highlights

  • Reporting person: Nicolas Zapata Zuluaga, identified as a Director of Grupo Cibest S.A.
  • Transaction date: August 20, 2026, with the filing submitted on August 24, 2026.
  • Units acquired: 469.47 units in the Grupo Cibest Equity Securities Fund, coded as an acquisition (A).
  • Unit price: COP 29,733.504428, equal to approximately $9.73 per unit at a conversion rate of COP 3,053.48 per $1.
  • Resulting beneficial ownership: 5,946.3495 units held indirectly following the reported transaction.
  • Underlying securities: The fund invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash.

Director Unit Acquisition in Grupo Cibest Voluntary Pension Fund

According to the filing, Nicolas Zapata Zuluaga holds units in an institutional voluntary pension fund sponsored by Grupo Cibest S.A. and administered by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares alongside a small cash position. The filing notes that the reporting person "does not have voting or investment discretion with respect to the assets held by the fund."

The 469.47 units reported as acquired were credited pursuant to a voluntary cash contribution to the fund. According to the filing, these units "are not purchased at a fixed or negotiated price, and are payable solely in cash based on the value of the fund on the date of withdrawal." The filing further discloses that "the number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal." Following the transaction, Zapata Zuluaga beneficially owned 5,946.3495 units indirectly, with no expiration date attached to the instrument. The filing was signed by Maria Fernanda Valencia Tafur as Attorney-in-Fact for Nicolas Zapata Zuluaga.

What Was Disclosed

The filing disclosed a director-level acquisition of 469.47 pension fund units in Grupo Cibest S.A., credited through a voluntary cash contribution on August 20, 2026, at approximately $9.73 per unit, resulting in indirect beneficial ownership of 5,946.3495 units total.