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Grupo Cibest (CIB) director adds Units in issuer-sponsored voluntary pension fund

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

Rhea-AI Filing Summary

Grupo Cibest S.A. director Restrepo Echavarria Luis Fernando reported acquiring additional indirect exposure through 560.7000 new Units in the Grupo Cibest Equity Securities Fund on June 17, 2026. These Units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent third-party manager, bringing total fund holdings to 41,063.0467 Units.

The filing explains that the fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash component. The director does not have voting or investment discretion over the fund’s assets, and the instrument has no expiration date. Units are credited via voluntary cash contributions and are payable solely in cash based on the fund’s value at withdrawal, so the exact number of Grupo Cibest shares economically attributable to these Units will only be known on the withdrawal date.

Positive

  • None.

Negative

  • None.
Insider Restrepo Echavarria Luis Fernando
Role null
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 560.7 $7.90 $4K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 41,063.047 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 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
Units acquired 560.7000 Units Grant/award acquisition on June 17, 2026
Unit value in COP COP 27,081.70 per Unit Price of a Unit on June 17, 2026
Unit value in USD $7.90 per Unit Approximate Unit price using stated FX rate
FX conversion rate COP 3,427.07 per $1 Rate used to translate Unit value to USD
Units after transaction 41,063.0467 Units Total Units held in the fund after acquisition
Conversion or exercise price 0.0000 Instrument described as payable solely in cash at withdrawal
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"
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.
payable solely in cash financial
"are payable solely in cash based on the value of the fund on the date of withdrawal"
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Learn about SEC filing dates
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*
Restrepo Echavarria Luis Fernando

(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)
06/17/2026
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)06/17/2026A560.7 (1) (2)Common Shares and Preferred Shares(1)$7.941,063.0467IDirector 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 Luis Fernando Restrepo Echavarria06/22/2026
** 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)

FAQ

What insider transaction did Grupo Cibest (CIB) report on June 17, 2026?

Grupo Cibest director Restrepo Echavarria Luis Fernando acquired 560.7000 additional Units in the Grupo Cibest Equity Securities Fund. These Units are held through an institutional voluntary pension fund and increase his indirect economic exposure to Grupo Cibest common and preferred shares.

How many Grupo Cibest (CIB) fund Units does the director hold after this Form 4?

After the reported transaction, the director’s institutional voluntary pension fund account holds 41,063.0467 Units in the Grupo Cibest Equity Securities Fund. These Units reflect indirect exposure, with payment made in cash based on the fund’s value at the time of withdrawal.

Does the Grupo Cibest (CIB) director control voting or investments for these pension fund Units?

The filing states the director 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 that primarily invests in Grupo Cibest common and preferred shares plus a small amount of cash.

How are Grupo Cibest (CIB) pension fund Units valued and settled for the director?

The Units are credited through voluntary cash contributions and are payable solely in cash based on the fund’s value on the withdrawal date. The filing notes the number of Grupo Cibest shares economically attributable to the Units can only be determined at the time of withdrawal.

What price and currency details were disclosed for Grupo Cibest (CIB) fund Units?

On June 17, 2026, each Unit in the Grupo Cibest Equity Securities Fund was valued at COP 27,081.70, approximately $7.90 per Unit. This conversion used an exchange rate of COP 3,427.07 per $1 as described in the Form 4 footnote.