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Pension fund units added by Grupo Cibest (CIB) director via Form 4

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

Rhea-AI Filing Summary

Grupo Cibest S.A. director Andres Felipe Mejia Cardona reported an indirect acquisition of 792.6875 units in the Grupo Cibest Equity Securities Fund on May 19, 2026, at about $6.29 per unit. These units are held in an institutional voluntary pension fund sponsored by the company and managed by an independent third party.

The fund invests mainly in Grupo Cibest common and preferred shares plus some cash, but the director has no voting or investment discretion over the underlying assets. The units were credited following a voluntary cash contribution and are payable only in cash based on fund value at withdrawal, with 73,407.5002 units held after this transaction.

Positive

  • None.

Negative

  • None.
Insider Mejia Cardona Andres Felipe
Role null
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 792.688 $6.29 $5K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 73,407.5 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (1)
  1. [object Object]
Units acquired 792.6875 units Acquisition in Grupo Cibest Equity Securities Fund on May 19, 2026
Unit value (USD equivalent) $6.29 per unit Price of a Unit on May 19, 2026
Total units after transaction 73,407.5002 units Director’s indirect holdings following acquisition
Unit value (COP) COP 23,885.9 per unit Value of a Unit on May 19, 2026
FX rate used COP 3,796.78 per $1 Conversion rate used to calculate $6.29 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"
Director Voluntary Pension Fund Units financial
"nature_of_ownership: Director Voluntary Pension Fund Units"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
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"
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*
Mejia Cardona Andres Felipe

(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)
05/19/2026
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)05/19/2026A792.6875 (1) (1)Common Shares and Preferred Shares(1)$6.2973,407.5002IDirector 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 May 19, 2026 was COP 23,885.9 equal to approximately $6.29 per Unit using a conversion rate of COP 3,796.78 per $1
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Andres Felipe Mejia Cardona05/21/2026
** 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) disclose in this Form 4?

Grupo Cibest disclosed that director Andres Felipe Mejia Cardona acquired 792.6875 units of the Grupo Cibest Equity Securities Fund on May 19, 2026. These units are held indirectly through a voluntary pension fund account linked economically to company shares and cash.

How are the reported Grupo Cibest (CIB) pension fund units structured?

The reported units represent interests in an institutional voluntary pension fund sponsored by Grupo Cibest and run by an independent manager. The fund is unitized and invests mainly in Grupo Cibest common and preferred shares, with a small cash component, giving economic exposure rather than direct share ownership.

Does the Grupo Cibest (CIB) director control voting or investment of these assets?

The filing states the director does not have voting or investment discretion over assets held by the pension fund. The independent third-party manager controls investments, so the director’s interest is economic exposure through units rather than direct control of Grupo Cibest shares or portfolio decisions.

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

The units are payable solely in cash based on the fund’s value on the withdrawal date. The number of Grupo Cibest shares attributable to the units cannot be determined until withdrawal, so economic exposure depends on future fund composition and market values at that time.

What price was used for the Grupo Cibest (CIB) pension fund units in this transaction?

On May 19, 2026, each unit in the Grupo Cibest Equity Securities Fund was valued at COP 23,885.9, approximately $6.29 per unit using a COP 3,796.78 per $1 conversion rate. This valuation underlies the reported acquisition of 792.6875 units by the director.

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

After the reported acquisition, the director’s indirect holdings total 73,407.5002 units in the Grupo Cibest Equity Securities Fund. These units are part of a voluntary pension fund arrangement, giving cash-settled economic exposure rather than a fixed number of Grupo Cibest shares.