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Grupo Cibest (CIB) director granted units in pension fund

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

Rhea-AI Filing Summary

Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an acquisition of 556.1000 units in the Grupo Cibest Equity Securities Fund on April 20, 2026, at approximately $7.26 per unit. Following this grant, a total of 72,614.8127 units are attributed to him on an indirect basis.

The units are held in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash position. The director has no voting or investment discretion over the fund’s assets, and the units are payable solely in cash based on fund value at withdrawal.

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Insider Mejia Cardona Andres Felipe
Role null
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 556.1 $7.26 $4K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 72,614.813 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (1)
  1. [object Object]
Units acquired 556.1000 units Grant in Grupo Cibest Equity Securities Fund on April 20, 2026
Unit value (COP) COP 26,765.16 per unit Fund unit price on April 20, 2026
Unit value (USD equivalent) $7.26 per unit Converted using COP 3,615.1 per $1
Total units following transaction 72,614.8127 units Indirect holdings in pension fund after grant
FX conversion rate COP 3,615.1 per $1 Used to translate unit price to approximately $7.26
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 3,615.1 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.
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*
Mejia Cardona Andres Felipe

(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)04/20/2026A556.1 (1) (1)Common Shares and Preferred Shares(1)$7.2672,614.8127IDirector 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.
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Andres Felipe Mejia Cardona04/23/2026
** 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) disclose in this Form 4 filing?

Grupo Cibest reported that director Andres Felipe Mejia Cardona acquired 556.1000 units in the Grupo Cibest Equity Securities Fund, an issuer-sponsored voluntary pension fund, credited on April 20, 2026, as an indirect holding tied to his retirement savings.

How many pension fund units are attributed to the Grupo Cibest (CIB) director after the transaction?

After the transaction, 72,614.8127 units in the Grupo Cibest Equity Securities Fund are attributed to the director. These holdings are indirect, sit inside an institutional voluntary pension fund, and are ultimately payable in cash based on the fund’s value at withdrawal.

What price was used for the Grupo Cibest (CIB) pension fund units in this Form 4?

On April 20, 2026, each unit in the Grupo Cibest Equity Securities Fund was valued at COP 26,765.16, equal to approximately $7.26 per unit, using a foreign exchange conversion rate of COP 3,615.1 per $1 disclosed in the filing footnote.

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

No. The filing states the director has no voting or investment discretion over assets in the institutional voluntary pension fund. The fund is administered by an independent third-party manager that invests primarily in Grupo Cibest common and preferred shares plus a small cash balance.

Are the Grupo Cibest (CIB) pension fund units settled in stock or cash?

The Form 4 explains the reported units 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 those units cannot be determined until that future withdrawal date.

What does the Grupo Cibest (CIB) Equity Securities Fund invest in?

According to the footnote, the institutional voluntary pension fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash. This structure links the fund’s value to the company’s equity performance over time.