STOCK TITAN

[Form 4] Grupo Cibest S.A. Insider Trading Activity

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

Rhea-AI Filing Summary

Grupo Cibest S.A. disclosed that units in its Equity Securities Fund were credited to an employee voluntary pension fund associated with Internal Audit VP Jose Mauricio Rodriguez Rios. The transaction involved an acquisition of 4,636.6000 fund units classified as a derivative security.

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 mainly in Grupo Cibest common and preferred shares, but the reporting person has no voting or investment discretion and the instrument is payable only in cash upon withdrawal.

Positive

  • None.

Negative

  • None.
Insider Rodriguez Rios Jose Mauricio
Role Internal Audit VP
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 4,636.6 $7.0068 $32K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 27,360.976 shares (Indirect, Employee 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 March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 per $1 The instrument has no expiration date
Units acquired 4,636.6000 units Grupo Cibest Equity Securities Fund units credited on March 27, 2026
Unit value in USD $7.0068 per unit Price per unit on March 27, 2026 using COP 3,668 per $1
Unit value in COP COP 25,701.19 per unit Fund unit price on March 27, 2026
Total units after transaction 27,360.9761 units Indirect holdings in the Equity Securities Fund after acquisition
Conversion rate used COP 3,668 per $1 Used to express COP 25,701.19 as approximately $7.0068 per unit
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"
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"
conversion rate financial
"using a conversion rate of COP 3,668 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.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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*
Rodriguez Rios Jose Mauricio

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Internal Audit VP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
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)03/27/2026A4,636.6 (1) (2)Common Shares and Preferred Shares(1)$7.006827,360.9761IEmployee 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 March 27,2026 was COP 25,701.19 equal to approximately $7.0068 per Unit using a conversion rate of COP 3,668 per $1
2. The instrument has no expiration date
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Jose Mauricio Rodriguez Rios03/30/2026
** 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 its Internal Audit VP?

Grupo Cibest reported that units in its Equity Securities Fund were acquired for an employee voluntary pension fund associated with Internal Audit VP Jose Mauricio Rodriguez Rios. The filing shows 4,636.6000 derivative fund units credited on March 27, 2026, increasing his indirectly held pension fund units.

How many pension fund units did the Grupo Cibest (CIB) executive acquire and at what price?

The reporting person acquired 4,636.6000 units in the Grupo Cibest Equity Securities Fund at a unit value of approximately $7.0068. The underlying Colombian peso price was COP 25,701.19 per unit, based on a COP 3,668 per $1 conversion rate on March 27, 2026.

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

According to the disclosure, the reporting person does not have voting or investment discretion over assets in the institutional voluntary pension fund. The fund is administered by an independent third-party manager, and units represent an economic interest rather than direct control over Grupo Cibest shares.

How many Grupo Cibest (CIB) Equity Securities Fund units does the insider hold after this transaction?

Following the March 27, 2026 acquisition, total units in the Grupo Cibest Equity Securities Fund indirectly attributable to the reporting person reached 27,360.9761. These units are held through an employee voluntary pension fund and are ultimately settled in cash when withdrawn from the fund.

Are the Grupo Cibest (CIB) pension fund units settled in shares or cash when withdrawn?

The filing states that the units in the institutional voluntary pension fund are payable solely in cash based on the fund’s value on the withdrawal date. The number of Grupo Cibest shares economically attributable to the units cannot be determined until that withdrawal date.

Does the Grupo Cibest (CIB) pension fund instrument have an expiration date?

The disclosure notes that the instrument representing the units in the Grupo Cibest Equity Securities Fund has no expiration date. This means the employee voluntary pension fund units remain outstanding until the reporting person chooses to withdraw funds in cash.