Grupo Cibest (CIB) director adds units in equity pension fund

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grupo Cibest S.A. director Juan Esteban Toro Valencia reported an acquisition of 519.5300 units in the Grupo Cibest Equity Securities Fund on June 17, 2026. These units are held indirectly through a director voluntary pension fund arrangement.

The fund is administered by an independent third-party manager and is unitized, investing primarily in Grupo Cibest common and preferred shares with a small cash component. Toro Valencia has no voting or investment discretion over the fund’s assets. The units are payable solely in cash based on the fund’s value at withdrawal, and the instrument has no expiration date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Toro Valencia Juan Esteban

Role null

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund	519.53	$7.90	$4K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 9,594.414 shares (Indirect, Director Voluntary Pension Fund Units)

Footnotes (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 June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1. The instrument has no expiration date

Key Figures

Units acquired: 519.5300 units Unit value in USD equivalent: $7.90 per unit Unit value in COP: COP 27,081.70 per unit +2 more

5 metrics

Units acquired 519.5300 units Acquisition on June 17, 2026 in Grupo Cibest Equity Securities Fund

Unit value in USD equivalent $7.90 per unit Approximate value on June 17, 2026 using stated FX rate

Unit value in COP COP 27,081.70 per unit Price of a unit on June 17, 2026

FX conversion rate COP 3,427.07 per $1 Rate used to approximate $7.90 per unit value

Units after transaction 9,594.4142 units Total units reported following the acquisition

Key Terms

institutional voluntary pension fund, unitized, independent third-party manager, voting or investment discretion, +1 more

5 terms

institutional voluntary pension fund financial

"The reported securities represent 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"

independent third-party manager financial

"administered by an independent third-party manager"

voting or investment discretion financial

"The reporting person does not have voting or investment discretion with respect to the assets held by the fund"

conversion rate financial

"using a conversion rate of COP 3,427.07 per $1"

Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/22/2026 - 11:47 AM Accepted by SEC EDGAR 06/22/2026 - 11:46 AM

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^*

Toro Valencia Juan Esteban

(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)
06/17/2026

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)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Units in Grupo Cibest Equity Securities Fund⁽¹⁾	⁽¹⁾	06/17/2026		A		519.53		⁽¹⁾	⁽²⁾	Common Shares and Preferred Shares	⁽¹⁾	$7.9	9,594.4142	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 June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Juan Esteban Toro Valencia	06/22/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Grupo Cibest (CIB) disclose for Juan Esteban Toro Valencia?

Grupo Cibest director Juan Esteban Toro Valencia reported acquiring 519.5300 units in the Grupo Cibest Equity Securities Fund on June 17, 2026. These units are held through an institutional voluntary pension fund sponsored by the company and administered by an independent third-party manager.

How are the reported Grupo Cibest (CIB) pension fund units structured?

The reported units are interests in a unitized institutional voluntary pension fund that mainly holds Grupo Cibest common and preferred shares plus some cash. The units are payable solely in cash, based on the fund’s value on the date of withdrawal, rather than delivering company shares.

Does the Grupo Cibest (CIB) director control voting or investment decisions for these units?

The filing states the director does not have voting or investment discretion over the assets in the voluntary pension fund. An independent third-party manager administers the fund, which means investment and voting decisions for underlying assets are not directed by the reporting person.

What was the reference value of Grupo Cibest (CIB) pension units on June 17, 2026?

On June 17, 2026, the price of one unit in the Grupo Cibest Equity Securities Fund was COP 27,081.70, approximately $7.90 per unit using a COP 3,427.07 per $1 conversion rate. This value is used to describe the economic size of the director’s reported units.

Do the reported Grupo Cibest (CIB) pension fund units have an expiration date?

The filing specifies that the instrument representing the units has no expiration date. The director’s interest remains outstanding until withdrawn, at which point it is settled in cash based on the value of the fund at that withdrawal date.

Can the number of Grupo Cibest (CIB) shares tied to the units be determined now?

The document explains that the number of Grupo Cibest shares economically attributable to the reported units cannot be determined until the date of withdrawal. This is because the fund is unitized and its composition and value may change over time.