Grupo Cibest (CIB) VP reports indirect holding via equity pension fund units

Rhea-AI Filing Summary

Grupo Cibest S.A. filed an initial insider ownership report for Corporate Governance VP Claudia Patricia Echavarria Uribe. The filing shows an indirect holding equivalent to 34,870.9155 underlying common and preferred shares through units in an issuer-sponsored institutional voluntary pension fund administered by a third-party manager.

The fund is unitized, invests mainly in Grupo Cibest shares, and any amounts attributable to the units are payable solely in cash based on fund value at withdrawal. The reporting person has no voting or investment discretion over the fund’s assets, and the instrument has no expiration date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Echavarria Uribe Claudia Patricia

Role Corporate Governance VP

Type	Security	Shares	Price	Value
holding	Units in Grupo Cibest Equity Securities Fund	--	--	--

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 34,870.916 shares (Indirect, Employee Voluntary Pension Fund Units)

Footnotes (1)

1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by a third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of liquid assets and cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund, and the issuer has determined the strategic asset allocation of the fund. Amounts attributable to the reported units are payable solely in cash upon withdrawal determined by reference to the value of the underlying fund assets on the date of withdrawal. The instrument has no expiration date

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Echavarria Uribe Claudia Patricia

(Last) (First) (Middle)

CRA. 48 # 26-85

(Street)

MEDELLIN, COLOMBIA 050001

(City) (State) (Zip)

COLOMBIA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Grupo Cibest S.A. [ CIB ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Corporate Governance VP

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Units in Grupo Cibest Equity Securities Fund(1)	(1)	(2)	Common Shares and Preferred Shares(1)	34,870.9155	(1)	I	Employee Voluntary Pension Fund Units(1)

Explanation of Responses:

1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by a third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of liquid assets and cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund, and the issuer has determined the strategic asset allocation of the fund. Amounts attributable to the reported units are payable solely in cash upon withdrawal determined by reference to the value of the underlying fund assets on the date of withdrawal.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Claudia Patricia Echavarria Uribe	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Grupo Cibest (CIB) disclose in this Form 3 filing?

Grupo Cibest discloses initial insider holdings for its Corporate Governance VP. The filing reports indirect ownership through units in an institutional voluntary pension fund that primarily invests in Grupo Cibest common and preferred shares, rather than a direct purchase or sale of stock.

How many underlying Grupo Cibest shares does the VP’s fund position represent?

The Form 3 shows an indirect position equivalent to 34,870.9155 underlying Grupo Cibest common and preferred shares. This exposure comes through units in a unitized institutional voluntary pension fund, not through directly held shares or recent open-market transactions by the executive.

Does the Grupo Cibest executive control voting or investment decisions for these units?

No. The filing explains the reporting person does not have voting or investment discretion over assets held by the institutional voluntary pension fund. The issuer determines the fund’s strategic asset allocation, and a third-party manager administers the fund’s investments on participants’ behalf.

How and when can the Grupo Cibest pension fund units be paid out?

Amounts attributable to the reported units are payable solely in cash upon withdrawal. The cash amount is determined by reference to the value of the underlying fund assets on the withdrawal date, rather than through delivery of Grupo Cibest shares to the reporting person.

What type of instrument holds the Grupo Cibest (CIB) exposure in this Form 3?

The exposure is held through units in a Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund. The fund primarily invests in Grupo Cibest common and preferred shares, with a small allocation to liquid assets and cash, and the instrument has no expiration date.

Is this Grupo Cibest Form 3 a buy or sell transaction by the VP?

The Form 3 does not report a buy or sell transaction. It is an initial statement of beneficial ownership, listing an existing indirect position held via an institutional voluntary pension fund, rather than documenting a new open-market trade by the Corporate Governance VP.