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  4. [Form 4/A] Grupo Cibest S.A. Amended Insider Trading Activity

Grupo Cibest (NYSE: CIB) VP updates pension fund unit holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Grupo Cibest S.A. Corporate Governance VP Claudia Patricia Echavarria Uribe reported an acquisition of 5,744.035 units in the Grupo Cibest Equity Securities Fund at approximately $7.0068 per unit, bringing her indirectly held fund units to 40,615. The institutional voluntary pension fund, sponsored by Grupo Cibest and run by an independent manager, is unitized and invests mainly in Grupo Cibest common and preferred shares plus some cash. She has no voting or investment discretion over the fund’s assets, and the instrument has no expiration date and is payable only in cash based on the fund’s value at withdrawal. The Form 4/A amends a prior filing to correct the number of derivative securities beneficially owned after the transaction, previously misstated due to a clerical error.

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Insider Echavarria Uribe Claudia Patricia
Role Corporate Governance VP
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 5,744.035 $7.0068 $40K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 40,615 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 an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund. The reported units were credited pursuant to a voluntary cash contribution to the fund, 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 number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal. The price of a unit on March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 per $1. The instrument has no expiration date. The Form 4/A amends the Form 4 filed on March 30, 2026, to correct the number of derivative securities beneficially owned following the reported transaction in Column 9, which was previously reported as 5,744.035 due to a clerical error.
Units acquired 5,744.035 units Units in Grupo Cibest Equity Securities Fund acquired on March 30, 2026
Price per unit (USD) $7.0068 per unit Approximate unit value on March 27, 2026, using COP 3,668 per $1
Fund unit price (COP) COP 25,701.19 per unit Value of a fund unit on March 27, 2026
FX rate COP 3,668 per $1 Conversion rate used to translate unit price into U.S. dollars
Units after transaction 40,615 units Total derivative securities beneficially owned following the transaction
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
derivative securities financial
"to correct the number of derivative securities beneficially owned following the reported transaction"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"
beneficially owned financial
"correct the number of derivative securities beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Echavarria Uribe Claudia Patricia
(Last)(First)(Middle)
CRA. 48 # 26-85
(Street)
MEDELLIN, COLOMBIA050001
(City)(State)(Zip)
COLOMBIA
(Country)		2. Issuer Name and Ticker or Trading Symbol
Grupo Cibest S.A. [ CIB ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Corporate Governance VP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/27/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Units in Grupo Cibest Equity Securities Fund(1)(1)03/30/2026A5,744.035 (1) (2)Common Shares and Preferred Shares(1)$7.006840,615(3)IEmployee 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 an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund. The reported units were credited pursuant to a voluntary cash contribution to the fund, 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 number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal. The price of a unit on March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 per $1.
2. The instrument has no expiration date.
3. The Form 4/A amends the Form 4 filed on March 30, 2026, to correct the number of derivative securities beneficially owned following the reported transaction in Column 9, which was previously reported as 5,744.035 due to a clerical error.
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Claudia Patricia Echavarria Uribe05/07/2026
** Signature of Reporting PersonDate
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 4 (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 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Grupo Cibest (CIB) report in this Form 4/A?

Grupo Cibest reported its Corporate Governance VP acquiring 5,744.035 units in the Grupo Cibest Equity Securities Fund. These units are held within an institutional voluntary pension fund and increased her indirectly held fund position to 40,615 units after the transaction.

How are the Grupo Cibest (CIB) pension fund units priced in this insider filing?

Each unit in the Grupo Cibest Equity Securities Fund was valued at COP 25,701.19, about $7.0068 per unit. The price is based on a conversion rate of COP 3,668 per $1 and reflects the fund’s net asset value on March 27, 2026.

Does the Grupo Cibest (CIB) executive control voting or investment decisions for the fund units?

The executive does not have voting or investment discretion over the fund’s assets. The units are held in an institutional voluntary pension fund administered by an independent third-party manager, which manages investments primarily in Grupo Cibest common and preferred shares plus some cash.

Is the Grupo Cibest (CIB) pension fund instrument equity or cash-settled?

The pension fund instrument is payable solely in cash based on the fund’s value at withdrawal. Although the fund primarily holds Grupo Cibest common and preferred shares, the number of shares economically attributable to the units is only determinable at the withdrawal date.

What correction does this Form 4/A make for Grupo Cibest (CIB)?

This Form 4/A corrects the number of derivative securities beneficially owned following the reported transaction. A prior Form 4 had shown 5,744.035 units in Column 9 due to a clerical error; the amendment updates that post-transaction holdings figure.

Does the Grupo Cibest (CIB) pension fund instrument have an expiration date?

The instrument has no expiration date according to the disclosure. Units remain in the institutional voluntary pension fund until withdrawal, when they are settled in cash based on the then-current value of the fund’s underlying assets.