Grupo Cibest (CIB) director acquires institutional pension fund units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grupo Cibest S.A. director Sylvia Escovar Gomez indirectly acquired 307.9500 units in a Grupo Cibest institutional voluntary pension fund on March 20, 2026. These units were credited from a voluntary cash contribution and are classified as "Director Voluntary Pension Fund Units."

The fund is unitized and invests mainly in Grupo Cibest common and preferred shares plus a small cash balance. Escovar Gomez has no voting or investment discretion over the fund’s assets, and the instrument has no expiration date. After this transaction, 39,418.8113 units were held. The units are payable only in cash based on fund value at withdrawal, with the March 20, 2026 unit price noted as approximately $7.10.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Escovar Gomez Sylvia

Role null

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund	307.95	$7.10	$2K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 39,418.811 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 uniton March 20,2026 was COP 26,230.53 equal to approximately $7.10 per Unit using a conversion rate of COP 3,692.48 per $1. The instrument has no expiration date

Key Figures

Units acquired: 307.9500 units Unit value in COP: COP 26,230.53 per unit Unit value in USD: approximately $7.10 per unit +3 more

6 metrics

Units acquired 307.9500 units Institutional voluntary pension fund units on March 20, 2026

Unit value in COP COP 26,230.53 per unit Price of a unit on March 20, 2026

Unit value in USD approximately $7.10 per unit Converted using COP 3,692.48 per $1 on March 20, 2026

Exchange rate COP 3,692.48 per $1 Used to convert unit price to approximately $7.10

Total units after transaction 39,418.8113 units Director’s reported institutional pension fund units following acquisition

Conversion/exercise price $0.00 Instrument reported with no exercise price and no expiration date

Key Terms

institutional voluntary pension fund, unitized, Director Voluntary Pension Fund Units, conversion rate, +2 more

6 terms

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"

Director Voluntary Pension Fund Units financial

"nature_of_ownership": "Director Voluntary Pension Fund Units""

conversion rate financial

"using a conversion rate of COP 3,692.48 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"

no expiration date financial

"The instrument has no expiration date"

Form 4 Insider Transactions: What Each Field Means →

04/23/2026 - 05:31 PM

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^*

Escovar Gomez Sylvia

(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)
03/20/2026

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⁾	03/20/2026		A		307.95		⁽¹⁾	⁽²⁾	Common Shares and Preferred Shares	⁽¹⁾	$7.1	39,418.8113	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 uniton March 20,2026 was COP 26,230.53 equal to approximately $7.10 per Unit using a conversion rate of COP 3,692.48 per $1.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Sylvia Escovar Gomez	04/23/2026
	** 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) report for Sylvia Escovar Gomez?

Grupo Cibest reported that director Sylvia Escovar Gomez indirectly acquired 307.9500 units in an institutional voluntary pension fund. The units were credited on March 20, 2026 through a voluntary cash contribution into a fund sponsored by Grupo Cibest and managed by an independent third party.

How are the Grupo Cibest (CIB) pension fund units held for Sylvia Escovar Gomez structured?

The reported units are held in an institutional voluntary pension fund that is unitized and invests primarily in Grupo Cibest common and preferred shares plus some cash. The fund is administered by an independent manager, and Escovar Gomez lacks voting or investment discretion over the underlying assets.

What was the value of the Grupo Cibest (CIB) pension fund units reported on March 20, 2026?

On March 20, 2026, each fund unit was valued at COP 26,230.53, approximately $7.10 per unit based on a COP 3,692.48 per $1 exchange rate. The transaction involved 307.9500 units credited to Sylvia Escovar Gomez’s voluntary pension fund position.

Does Sylvia Escovar Gomez control the investments in the Grupo Cibest (CIB) pension fund units?

According to the filing, Sylvia Escovar Gomez does not have voting or investment discretion over the assets held by the institutional voluntary pension fund. The fund is administered by an independent third-party manager, meaning investment decisions and voting rights are handled separately from the reporting person.

How and when are Grupo Cibest (CIB) pension fund units payable to Sylvia Escovar Gomez?

The pension fund 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 the units cannot be determined until that withdrawal date, and the instrument has no expiration date.

What is Sylvia Escovar Gomez’s total holding in Grupo Cibest (CIB) pension fund units after the transaction?

Following the March 20, 2026 transaction, the total holding reported for Sylvia Escovar Gomez in the institutional voluntary pension fund was 39,418.8113 units. These units represent an indirect economic interest in a fund investing mainly in Grupo Cibest common and preferred shares plus a small cash component.