Grupo Cibest director buys 462 pension units

Q: What insider transaction did Grupo Cibest S.A. (CIB) report?

The company reported that director Toro Valencia Juan Esteban acquired 462.2700 Units in Grupo Cibest Equity Securities Fund on 2026-08-20, held indirectly through a director voluntary pension fund.

Q: What is the nature of the Units reported in the Grupo Cibest (CIB) Form 4?

The Units represent an interest in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, plus a small amount of cash.

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

No. The footnote states the reporting person does not have voting or investment discretion over the assets held by the institutional voluntary pension fund; the fund is managed by an independent third-party manager.

Q: How are the Units in the Grupo Cibest Equity Securities Fund valued and paid out?

Units are credited based on voluntary cash contributions and are payable solely in cash based on fund value at withdrawal. On August 20, 2026, one Unit was valued at COP 29,733.504428, about $9.73 using a COP 3,053.48 per $1 rate.

Q: Do the Units in the Grupo Cibest (CIB) voluntary pension fund have an expiration date?

No. A footnote specifies that the instrument has no expiration date, meaning the reported Units in the Grupo Cibest Equity Securities Fund are not subject to a fixed maturity or expiration.

Q: Was the Grupo Cibest (CIB) insider transaction made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is false, indicating the reported acquisition of Units in the Grupo Cibest Equity Securities Fund was not affirmatively designated as made pursuant to a Rule 10b5-1 trading plan.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grupo Cibest S.A. (CIB) director Toro Valencia Juan Esteban reported an acquisition of 462.2700 Units in Grupo Cibest Equity Securities Fund on 2026-08-20. These are held indirectly through a director voluntary pension fund and bring his total to 10,575.8700 units.

The institutional voluntary pension fund, sponsored by Grupo Cibest and managed by an independent third party, is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash balance. The director has no voting or investment discretion over the fund assets. Units were credited from a voluntary cash contribution, are payable solely in cash at withdrawal, and have no expiration date. On August 20, 2026, a Unit was valued at COP 29,733.504428, approximately $9.73 using a COP 3,053.48 per $1 rate.

Insider Trade Summary

Grant/Award: 462.27 shares

Grant/Award 1 txn

Insider Toro Valencia Juan Esteban

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund ^{F1, F2}	462.27	$9.73	$4K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 10,575.87 contracts (Indirect, Director Voluntary Pension Fund Units)

Footnotes (2)

F1. 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 August 20, 2026 was COP 29,733.504428 equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1.
F2. The instrument has no expiration date.

Key Figures

Units acquired: 462.2700 Units Units held after transaction: 10,575.8700 Units Unit value in COP: COP 29,733.504428 per Unit +2 more

5 metrics

Units acquired 462.2700 Units Units in Grupo Cibest Equity Securities Fund acquired on 2026-08-20

Units held after transaction 10,575.8700 Units Total Units in Grupo Cibest Equity Securities Fund following the acquisition

Unit value in COP COP 29,733.504428 per Unit Price of a Unit on August 20, 2026

Unit value in USD equivalent $9.73 per Unit Approximate Unit value using COP 3,053.48 per $1 on August 20, 2026

FX conversion rate COP 3,053.48 per $1 Rate used to convert COP Unit value to USD on August 20, 2026

Key Terms

institutional voluntary pension fund, unitized, independent third-party manager, investment discretion, +1 more

5 terms

institutional voluntary pension fund financial

"The reported securities represent 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 shares"

independent third-party manager financial

"sponsored by the issuer and administered by an independent third-party manager"

investment discretion financial

"The reporting person does not have voting or investment discretion with respect to the assets"

economically attributable financial

"The number of Grupo Cibest shares economically attributable to the units cannot be determined"

FAQ

What insider transaction did Grupo Cibest S.A. (CIB) report?

The company reported that director Toro Valencia Juan Esteban acquired 462.2700 Units in Grupo Cibest Equity Securities Fund on 2026-08-20, held indirectly through a director voluntary pension fund.

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

After the reported acquisition, the director is shown holding a total of 10,575.8700 Units in Grupo Cibest Equity Securities Fund, all held indirectly through a voluntary pension fund arrangement.

What is the nature of the Units reported in the Grupo Cibest (CIB) Form 4?

The Units represent an interest in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, plus a small amount of cash.

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

No. The footnote states the reporting person does not have voting or investment discretion over the assets held by the institutional voluntary pension fund; the fund is managed by an independent third-party manager.

How are the Units in the Grupo Cibest Equity Securities Fund valued and paid out?

Units are credited based on voluntary cash contributions and are payable solely in cash based on fund value at withdrawal. On August 20, 2026, one Unit was valued at COP 29,733.504428, about $9.73 using a COP 3,053.48 per $1 rate.

Do the Units in the Grupo Cibest (CIB) voluntary pension fund have an expiration date?

No. A footnote specifies that the instrument has no expiration date, meaning the reported Units in the Grupo Cibest Equity Securities Fund are not subject to a fixed maturity or expiration.

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

No. The filing’s Rule 10b5-1 checkbox is false, indicating the reported acquisition of Units in the Grupo Cibest Equity Securities Fund was not affirmatively designated as made pursuant to a Rule 10b5-1 trading plan.

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Available on EDGAR 08/24/2026 - 01:05 PM Accepted by SEC EDGAR 08/24/2026 - 01:05 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^*

Toro Valencia Juan Esteban

(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)
08/20/2026

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⁾	08/20/2026		A		462.27		⁽¹⁾	⁽²⁾	Common Shares and Preferred Shares	⁽¹⁾	$9.73	10,575.87	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 Unit on August 20, 2026 was COP 29,733.504428 equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1.

2. The instrument has no expiration date.

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Juan Esteban Toro Valencia	08/24/2026
	** 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