STOCK TITAN

Grupo Cibest (CIB) director acquires 21,666 pension fund units in issuer-sponsored plan

(Moderate)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Grupo Cibest S.A. director Ricardo Jaramillo Mejia reported an indirect acquisition of 21,666.5555 units in the Grupo Cibest Equity Securities Fund on July 16, 2026. These institutional voluntary pension fund units, valued at COP 26,276.515609 (about $8.13) per unit using a COP 3,233.91 per $1 rate, increased his position to 29,209.9773 units. The unitized fund is sponsored by Grupo Cibest, administered by an independent third-party manager, invests mainly in Grupo Cibest common and preferred shares plus some cash, is payable solely in cash, carries no expiration date, and Jaramillo Mejia has no voting or investment discretion over its assets.

Positive

  • None.

Negative

  • None.
Insider Jaramillo Mejia Ricardo
Role Director
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 21,666.556 $8.13 $176K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 29,209.977 shares (Indirect, Director 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 July 16, 2026 was COP 26,276.515609 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1. The instrument has no expiration date
Units acquired 21,666.5555 units Indirect acquisition in Grupo Cibest Equity Securities Fund on July 16, 2026
Unit price in USD $8.13 per unit Approximate price based on COP 26,276.515609 and COP 3,233.91 per $1
Unit price in COP COP 26,276.515609 Value of a pension fund unit on July 16, 2026
Total units after transaction 29,209.9773 units Total Director Voluntary Pension Fund Units held after acquisition
FX rate used COP 3,233.91 per $1 Conversion rate used to translate unit value into US dollars
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred"
Director Voluntary Pension Fund Units financial
"nature_of_ownership: Director Voluntary Pension Fund Units"
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did Grupo Cibest (CIB) disclose in this Form 4?

Grupo Cibest reported that director Ricardo Jaramillo Mejia indirectly acquired 21,666.5555 units in the Grupo Cibest Equity Securities Fund on July 16, 2026. These units belong to an institutional voluntary pension fund linked to Grupo Cibest shares and cash, not direct share ownership.

Does Ricardo Jaramillo Mejia directly own Grupo Cibest (CIB) shares through this transaction?

No. The transaction involves indirect holdings of units in an institutional voluntary pension fund sponsored by Grupo Cibest. The fund invests mainly in Grupo Cibest common and preferred shares, but Jaramillo Mejia has no voting or investment discretion and the position is payable only in cash.

What price was used for the Grupo Cibest (CIB) pension fund units in this filing?

Each fund unit was valued at COP 26,276.515609, equal to approximately $8.13 per unit using an exchange rate of COP 3,233.91 per $1 as of July 16, 2026. This reflects the unit value, not a fixed purchase price.

How many Grupo Cibest (CIB) pension fund units does the director hold after the transaction?

After the reported acquisition, Ricardo Jaramillo Mejia holds a total of 29,209.9773 units in the Director Voluntary Pension Fund Units account. These represent an economic exposure to a fund investing primarily in Grupo Cibest shares, settled only in cash upon withdrawal.

Does the Grupo Cibest (CIB) pension fund instrument reported here expire?

No. The associated disclosure states that the instrument has no expiration date. The units are held in an institutional voluntary pension fund and remain outstanding until withdrawn, at which point they are payable solely in cash based on the fund’s value on that date.

Was this Grupo Cibest (CIB) insider transaction under a Rule 10b5-1 trading plan?

The transaction was not identified as executed under a Rule 10b5-1 trading plan. It reflects units credited pursuant to a voluntary cash contribution to the issuer-sponsored pension fund, rather than trades executed under a pre-arranged securities trading program.
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*
Jaramillo Mejia Ricardo

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026
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)

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)07/16/2026A21,666.5555 (1) (2)Common Shares and Preferred Shares(1)$8.1329,209.9773IDirector 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 16, 2026 was COP 26,276.515609 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.
2. The instrument has no expiration date
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Ricardo Jaramillo Mejia07/17/2026
** 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)