STOCK TITAN

Grupo Cibest (CIB) director buys 469 fund units at $9.73

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Grupo Cibest S.A. (CIB) director Zapata Zuluaga Nicolas reported an acquisition of derivative securities linked to the company through an institutional voluntary pension fund. On August 20, 2026, he was credited 469.4700 Units in the Grupo Cibest Equity Securities Fund at about $9.73 per Unit, bringing his indirect holdings in this fund to 5946.3495 Units. The fund is unitized, invests primarily in Grupo Cibest common and preferred shares plus some cash, and is administered by an independent third-party manager. He has no voting or investment discretion over the fund assets, the instrument has no expiration date, and the Units are payable solely in cash based on fund value at withdrawal, so the number of Grupo Cibest shares economically attributable to these Units will only be determinable on the withdrawal date.

Positive

  • None.

Negative

  • None.
Insider Zapata Zuluaga Nicolas
Role Director
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund F1, F2 469.47 $9.73 $5K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 5,946.3495 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (2)
  1. 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.
  2. F2. The instrument has no expiration date.
Units acquired 469.4700 Units Units in Grupo Cibest Equity Securities Fund acquired on August 20, 2026
Units held after transaction 5946.3495 Units Indirect holdings in Grupo Cibest Equity Securities Fund after acquisition
Unit value in COP COP 29,733.504428 per Unit Value of one Unit on August 20, 2026
Unit value in USD $9.73 per Unit Approximate U.S. dollar value on August 20, 2026 using stated FX rate
FX conversion rate COP 3,053.48 per $1 Conversion rate used to translate Unit value into U.S. dollars
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"
voting or investment discretion financial
"The reporting person does not have voting or investment discretion with respect to the assets"

FAQ

What insider transaction did CIB report for Zapata Zuluaga Nicolas on August 20, 2026?

He reported an acquisition of 469.4700 Units in the Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund that is linked economically to Grupo Cibest S.A. (CIB) through investments primarily in its common and preferred shares.

How many Grupo Cibest Equity Securities Fund Units does the CIB director hold after this Form 4?

Following the August 20, 2026 acquisition, Zapata Zuluaga Nicolas holds 5946.3495 Units in the Grupo Cibest Equity Securities Fund, reported as indirect ownership through his Director Voluntary Pension Fund Units.

What was the value of the Units acquired by the CIB director on August 20, 2026?

On August 20, 2026, each Unit was valued at COP 29,733.504428, equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1, according to the filing footnote.

Does the CIB director have voting or investment discretion over the pension fund assets?

No. The filing states the reporting person does not have voting or investment discretion with respect to the assets held by the institutional voluntary pension fund; it is administered by an independent third-party manager.

Are the pension fund Units reported by CIB settled in shares or cash?

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 the Units can only be determined at that withdrawal date.

Was this CIB insider transaction made under a Rule 10b5-1 trading plan?

No. The document-level Rule 10b5-1 checkbox is unchecked (aff_10b5_one is false), and the footnotes do not indicate that this acquisition of Units was made pursuant to a Rule 10b5-1 trading plan.

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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*
Zapata Zuluaga Nicolas

(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)
08/20/2026
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)08/20/2026A469.47 (1) (2)Common Shares and Preferred Shares(1)$9.735,946.3495IDirector 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 Nicolas Zapata Zuluaga08/24/2026
** 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)