Pension fund units credited to Grupo Cibest (CIB) director’s account

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grupo Cibest S.A. reported that units in an issuer-sponsored institutional voluntary pension fund, administered by an independent manager, were credited to an account associated with director Ricardo Jaramillo Mejia. The filing shows an acquisition of 271.6000 units in the Grupo Cibest Equity Securities Fund at approximately $7.10 per unit, following a voluntary cash contribution.

The fund is unitized and invests mainly in Grupo Cibest common and preferred shares plus cash, but the director has no voting or investment discretion over the fund’s assets. After this transaction, the account holds a total of 6679.9382 units, which are payable solely in cash based on fund value at withdrawal and have no expiration date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jaramillo Mejia Ricardo

Role null

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund	271.6	$7.10	$2K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 6,679.938 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: 271.6000 units Unit value (USD equivalent): $7.10 per unit Total units after transaction: 6679.9382 units +2 more

5 metrics

Units acquired 271.6000 units Credited on March 20, 2026 to pension fund account

Unit value (USD equivalent) $7.10 per unit Approximate value on March 20, 2026

Total units after transaction 6679.9382 units Pension fund units following acquisition

Unit value (COP) COP 26,230.53 per unit Fund unit price on March 20, 2026

FX conversion rate COP 3,692.48 per $1 Used to derive ~$7.10 per unit

Key Terms

institutional voluntary pension fund, unitized, voting or investment discretion, conversion rate, +1 more

5 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"

voting or investment discretion financial

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

conversion rate financial

"equal to approximately $7.10 per Unit 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"

Form 4 Insider Transactions: What Each Field Means →

04/23/2026 - 05:26 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^*

Jaramillo Mejia Ricardo

(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		271.6		⁽¹⁾	⁽²⁾	Common Shares and Preferred Shares	⁽¹⁾	$7.1	6,679.9382	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 Ricardo Jaramillo Mejia	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) disclose for director Ricardo Jaramillo Mejia?

Grupo Cibest disclosed that 271.6000 units in its Equity Securities Fund were credited to an account associated with director Ricardo Jaramillo Mejia. These units came from a voluntary cash contribution to an institutional voluntary pension fund sponsored by the company and are payable solely in cash.

Was the Grupo Cibest (CIB) Form 4 transaction an open-market purchase or sale?

The Form 4 transaction was not an open-market trade. Units were credited to a pension fund account after a voluntary cash contribution, at a fund unit value of about $7.10, rather than being bought at a fixed or negotiated market price on an exchange.

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

The director does not control voting or investment decisions for these units. The filing states he has no voting or investment discretion over assets in the institutional voluntary pension fund, which is managed independently and invests primarily in Grupo Cibest shares and some cash.

How many Grupo Cibest (CIB) pension fund units are held after the reported transaction?

After the reported transaction, the associated account holds a total of 6679.9382 units in the Grupo Cibest Equity Securities Fund. These units represent an interest in a unitized pension fund and are ultimately payable only in cash based on the fund’s value at withdrawal.

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

The value of the units is based on the fund’s underlying assets and currency conversion. On March 20, 2026, each unit was valued at COP 26,230.53, equal to approximately $7.10 using a conversion rate of COP 3,692.48 per $1, as disclosed in the filing footnote.

Do the reported Grupo Cibest (CIB) pension fund units ever expire?

The reported instrument has no expiration date. According to the filing, the units in the Grupo Cibest Equity Securities Fund remain outstanding until withdrawn, at which point they are settled solely in cash based on the fund’s value on the withdrawal date.