Grupo Cibest director gains 521 pension units

Grupo Cibest S.A. director Nicolas Zapata Zuluaga acquired 521.3700 units in an institutional voluntary pension fund sponsored by the company on July 30, 2026 at COP 28,345.28 (approximately $8.84) per unit, raising his indirect holding to 5,476.8795 units.

Rhea-AI Filing Summary

Grupo Cibest S.A. director Nicolas Zapata Zuluaga acquired 521.3700 units in an institutional voluntary pension fund sponsored by the company on July 30, 2026 at COP 28,345.28 (approximately $8.84) per unit, raising his indirect holding to 5,476.8795 units. The unitized fund, managed by an independent third party, invests mainly in Grupo Cibest common and preferred shares; he has no voting or investment discretion and the instrument has no expiration date. The amendment also corrects an earlier report that misstated the transaction date and overstated the acquired and post-transaction units as 4,965.3212 and 9,920.8379.

Insider Trade Summary

Grant/Award: 521.37 shares

Grant/Award 1 txn

Insider Zapata Zuluaga Nicolas

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund F1, F2, F3	521.37	$8.84	$5K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 5,476.8795 contracts (Indirect, Director Voluntary Pension Fund Units)

Footnotes (3)

1. F1. 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 July 30, 2026 was COP 28,345.28 equal to approximately $8.84 per Unit using a conversion rate of COP 3,206.18 per $1.
2. F2. The Form 4/A amends the Form 4 filed on July 17, 2026, which mistakenly reported a transaction as occurring on July 16, 2026 which in fact occurred July 30, 2026. Additionally, this form 4/A is being filed to correct the number of derivative securities acquired and beneficially owned following the reported transaction in Column 5 and 9, which were previously reported as 4,965.3212 and 9,920.8379 respectively, due to a clerical error.
3. F3. The instrument has no expiration date.

Key Figures

Units acquired: 521.3700 units Units owned after transaction: 5,476.8795 units Unit price in COP: COP 28,345.28 per Unit +4 more

7 metrics

Units acquired 521.3700 units Units in Grupo Cibest Equity Securities Fund acquired on July 30, 2026 via director voluntary pension contribution

Units owned after transaction 5,476.8795 units Indirect units beneficially owned following the July 30, 2026 acquisition

Unit price in COP COP 28,345.28 per Unit Value of one pension fund unit on July 30, 2026

Unit price in USD equivalent $8.84 per Unit Approximate per-unit value on July 30, 2026 using stated FX rate

FX conversion rate COP 3,206.18 per $1 Exchange rate used to translate COP 28,345.28 to approximately $8.84 per unit

Previously reported units acquired 4,965.3212 units Erroneous derivative securities acquired figure corrected by the amendment

Previously reported units owned 9,920.8379 units Erroneous post-transaction beneficial ownership figure corrected by the amendment

Key Terms

institutional voluntary pension fund, unitized, derivative securities, beneficially owned, +1 more

5 terms

institutional voluntary pension fund financial

"units held by the reporting person in an institutional voluntary pension fund sponsored"

unitized financial

"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"

derivative securities financial

"correct the number of derivative securities acquired and beneficially owned following"

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.

beneficially owned financial

"acquired and beneficially owned following the reported transaction in Column 5 and 9"

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.

independent third-party manager financial

"sponsored by the issuer and administered by an independent third-party manager"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Grupo Cibest (CIB) report for Nicolas Zapata Zuluaga?

Director Nicolas Zapata Zuluaga acquired 521.3700 units in an institutional voluntary pension fund on July 30, 2026 at COP 28,345.28 (approximately $8.84) per unit, increasing his indirect holding to 5,476.8795 units classified as Director Voluntary Pension Fund Units.

How are the pension fund units related to Grupo Cibest (CIB) shares?

The units represent an interest in a unitized institutional voluntary pension fund that invests primarily in Grupo Cibest common and preferred shares plus some cash. Units are payable solely in cash based on fund value at withdrawal, and the exact number of attributable shares is only knowable then.

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

The amendment corrects the transaction date from July 16, 2026 to July 30, 2026 and fixes clerical errors in Columns 5 and 9, which had overstated derivative securities acquired and owned as 4,965.3212 and 9,920.8379 units, respectively.

Does the director control investments in the Grupo Cibest (CIB) pension fund?

No. The reported units are held in a fund administered by an independent third-party manager, and the director has no voting or investment discretion over the underlying assets, which consist mainly of Grupo Cibest common and preferred shares plus a small amount of cash.

Do the Grupo Cibest (CIB) voluntary pension fund units expire?

The instrument representing the units has no expiration date. Units are credited through voluntary cash contributions and can be withdrawn only in cash based on the fund’s value on the withdrawal date, rather than converting into a fixed number of Grupo Cibest shares.

Was the Grupo Cibest (CIB) director’s transaction under a Rule 10b5-1 plan?

The Rule 10b5-1 checkbox for this insider report was not marked as affirmative, and the accompanying footnotes do not state that the acquisition of pension fund units occurred pursuant to a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/31/2026 - 01:14 PM Accepted by SEC EDGAR 07/31/2026 - 01:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Zapata Zuluaga Nicolas

(Last) (First) (Middle)

CRA. 48 # 26-85

(Street)

MEDELLIN, COLOMBIA 050001

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/17/2026

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Units in Grupo Cibest Equity Securities Fund(1)	(1)	07/30/2026		A		521.37(2)		(1)	(3)	Common Shares and Preferred Shares	(1)	$8.84	5,476.8795(2)	I	Director 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 July 30, 2026 was COP 28,345.28 equal to approximately $8.84 per Unit using a conversion rate of COP 3,206.18 per $1.

2. The Form 4/A amends the Form 4 filed on July 17, 2026, which mistakenly reported a transaction as occurring on July 16, 2026 which in fact occurred July 30, 2026. Additionally, this form 4/A is being filed to correct the number of derivative securities acquired and beneficially owned following the reported transaction in Column 5 and 9, which were previously reported as 4,965.3212 and 9,920.8379 respectively, due to a clerical error.

3. The instrument has no expiration date.

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Nicolas Zapata Zuluaga	07/31/2026
	** 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 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)