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Grupo Cibest (CIB) director adds 464.9100 pension fund units in indirect holding

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

Rhea-AI Filing Summary

Grupo Cibest S.A. director Escovar Gomez Sylvia reported an acquisition of 464.9100 units in the Grupo Cibest Equity Securities Fund on June 17, 2026. These units are held indirectly through an institutional voluntary pension fund sponsored by Grupo Cibest, administered by an independent third-party manager. The director has no voting or investment discretion over the fund’s assets, which invest mainly in Grupo Cibest common and preferred shares and some cash. After this grant, the director’s pension fund position totals 40,616.0108 units, which are payable only in cash based on fund value at withdrawal.

Positive

  • None.

Negative

  • None.
Insider Escovar Gomez Sylvia
Role null
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 464.91 $7.90 $4K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 40,616.011 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 Unit on June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1. The instrument has no expiration date
Units acquired 464.9100 units Voluntary pension fund grant on June 17, 2026
Unit value in USD $7.90 per unit Approximate value on June 17, 2026
Total units after transaction 40,616.0108 units Pension fund units held after acquisition
Unit price in COP COP 27,081.70 per unit Fund unit value on June 17, 2026
FX conversion rate COP 3,427.07 per $1 Rate used to express unit value in dollars
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer"
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
conversion rate financial
"equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 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.
no voting or investment discretion financial
"The reporting person does not have voting or investment discretion with respect to the assets held by the fund"
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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*
Escovar Gomez Sylvia

(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)
06/17/2026
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)06/17/2026A464.91 (1) (2)Common Shares and Preferred Shares(1)$7.940,616.0108IDirector 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 June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1.
2. The instrument has no expiration date
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Sylvia Escovar Gomez06/22/2026
** 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 insider transaction did Grupo Cibest (CIB) report for Escovar Gomez Sylvia?

Grupo Cibest director Escovar Gomez Sylvia acquired 464.9100 units in the Grupo Cibest Equity Securities Fund. The units were credited to her institutional voluntary pension fund account as an indirect holding, rather than through an open-market stock purchase.

Is the June 17, 2026 CIB insider transaction an open-market share purchase?

No, the June 17, 2026 transaction is not an open-market share purchase. It reflects 464.9100 units credited to a voluntary pension fund that invests mainly in Grupo Cibest shares and cash, with no fixed share allocation at the time of credit.

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

The director does not control voting or investment decisions for these units. The voluntary pension fund is administered by an independent third-party manager, and the reporting person has no voting or investment discretion over its underlying assets.

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

Following the June 17, 2026 acquisition, the director’s voluntary pension fund position totals 40,616.0108 units. These units represent an economic interest in a fund primarily invested in Grupo Cibest common and preferred shares and a small amount of cash.

How is the value of the Grupo Cibest (CIB) pension fund units determined?

The value of each unit is based on the fund’s net asset value on relevant dates. On June 17, 2026, a unit was COP 27,081.70, approximately $7.90, using a COP 3,427.07 per $1 conversion rate disclosed in the filing footnote.

Will the Grupo Cibest (CIB) director receive company shares or cash from these units?

The director will receive cash, not shares, upon withdrawal from the voluntary pension fund. The filing specifies that units are payable solely in cash based on the fund’s value at the withdrawal date, rather than delivering Grupo Cibest shares directly.