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Grupo Cibest (CIB) director boosts exposure via pension fund units

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

Rhea-AI Filing Summary

Grupo Cibest S.A. director Ricardo Jaramillo Mejia indirectly acquired additional exposure to the company through an institutional voluntary pension fund sponsored by Grupo Cibest and run by an independent manager. On April 20, 2026, he was credited with 265.6000 units in the Grupo Cibest Equity Securities Fund at approximately $7.26 per unit, funded by a voluntary cash contribution.

The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash balance, and has no expiration date. Jaramillo Mejia does not have voting or investment discretion over the fund’s assets, and the units are payable solely in cash based on fund value at withdrawal. Following this transaction, his indirect holdings in these units total 6,945.5382.

Positive

  • None.

Negative

  • None.
Insider Jaramillo Mejia Ricardo
Role null
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 265.6 $7.26 $2K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 6,945.538 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 uniton April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1. The instrument has no expiration date
Units acquired 265.6000 units Credited on April 20, 2026
Unit value (USD) $7.26 per unit Value on April 20, 2026
Unit value (COP) COP 26,765.16 per unit Value on April 20, 2026
FX conversion rate COP 3,615.1 per $1 Used to derive $7.26 unit value
Total units after transaction 6,945.5382 units Indirect holdings in the fund
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"
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"
voting or investment discretion financial
"The reporting person does not have voting or investment discretion with respect"
voluntary cash contribution financial
"The reported units were credited pursuant to a voluntary cash contribution to the fund"
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)
04/20/2026
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)04/20/2026A265.6 (1) (2)Common Shares and Preferred Shares(1)$7.266,945.5382IDirector 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 uniton April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1.
2. The instrument has no expiration date
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Ricardo Jaramillo Mejia04/23/2026
** 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 did Grupo Cibest (CIB) director Ricardo Jaramillo Mejia report in this Form 4?

He reported indirectly acquiring 265.6000 units in the Grupo Cibest Equity Securities Fund. These units were credited to his institutional voluntary pension fund account through a voluntary cash contribution, increasing his total indirect holdings to 6,945.5382 units.

Is the Grupo Cibest (CIB) director’s transaction an open-market stock purchase?

No. The director’s acquisition reflects units in an institutional voluntary pension fund, not direct stock bought in the market. The fund is administered by an independent manager and invests primarily in Grupo Cibest common and preferred shares plus a small cash position.

At what price were the Grupo Cibest Equity Securities Fund units valued on April 20, 2026?

Each unit was valued at COP 26,765.16, equal to approximately $7.26 per unit. The value uses a conversion rate of COP 3,615.1 per $1, and applies to the fund units credited on April 20, 2026.

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

No. The filing states he does not have voting or investment discretion over the fund’s assets. The institutional voluntary pension fund is administered by an independent third-party manager, which makes investment decisions for the underlying Grupo Cibest shares and cash.

How will the Grupo Cibest Equity Securities Fund units be settled for the director?

The units are payable solely in cash based on the fund’s value at the time of withdrawal. The number of Grupo Cibest shares economically attributable to the units cannot be determined until that withdrawal date, according to the filing’s footnote.