STOCK TITAN
  1. Home
  2. Sec-filings
  3. CIB
  4. [Form 4] Grupo Cibest S.A. Insider Trading Activity

Grupo Cibest (CIB) director adds Units in issuer pension fund

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

Rhea-AI Filing Summary

Grupo Cibest S.A. director Toro Valencia Juan Esteban reported an acquisition of 765.5156 Units in the Grupo Cibest Equity Securities Fund on May 19, 2026. Each Unit was valued at approximately $6.29, based on a COP 23,885.9 Unit price and a COP 3,796.78 per $1 conversion rate.

The Units are held indirectly through a director voluntary pension fund sponsored by Grupo Cibest and managed by an independent third-party. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash position. Following this credit, the director holds 9,074.8842 Units in the fund.

The footnotes clarify that the reporting person has no voting or investment discretion over the fund’s assets, and the instrument has no expiration date. The Units were credited pursuant to a voluntary cash contribution and are payable solely in cash based on the fund’s value on the withdrawal date, so the exact number of Grupo Cibest shares economically attributable to these Units will only be known at withdrawal.

Positive

  • None.

Negative

  • None.
Insider Toro Valencia Juan Esteban
Role null
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund 765.516 $6.29 $5K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 9,074.884 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 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 The instrument has no expiration date
Units acquired 765.5156 Units Director acquisition on May 19, 2026 in Grupo Cibest Equity Securities Fund
Unit price (USD equivalent) $6.29 per Unit Approximate value based on FX and COP Unit price on May 19, 2026
Unit price (local currency) COP 23,885.9 per Unit Value of a Unit on May 19, 2026
FX conversion rate COP 3,796.78 per $1 Rate used to translate Unit value to approximately $6.29
Units held after transaction 9,074.8842 Units Total Units in Grupo Cibest Equity Securities Fund following acquisition
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"
preferred shares financial
"invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash"
Preferred shares are a type of investment that gives investors priority over common shareholders when it comes to receiving dividends and getting their money back if a company is sold or liquidated. Think of them as a safer, more predictable way to earn income from a company's profits, similar to a fixed-return investment, but without voting rights. This makes preferred shares appealing to those seeking stable income with a higher claim on assets than regular stockholders.
conversion rate financial
"COP 23,885.9 equal to approximately $6.29 per Unit using a conversion rate of COP 3,796.78 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.
Form 4 Insider Transactions: What Each Field Means →
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*
Toro Valencia Juan Esteban
(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)05/19/2026A765.5156 (1) (2)Common Shares and Preferred Shares(1)$6.299,074.8842IDirector 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
2. The instrument has no expiration date
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Juan Esteban Toro Valencia05/21/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Grupo Cibest (CIB) report on May 19, 2026?

Grupo Cibest reported director Toro Valencia Juan Esteban acquiring 765.5156 Units in the Grupo Cibest Equity Securities Fund. These Units were credited through a voluntary cash contribution into an issuer-sponsored institutional voluntary pension fund managed by an independent third-party.

How are the Grupo Cibest (CIB) pension fund Units valued in this Form 4?

Each Unit was valued at COP 23,885.9, equal to approximately $6.29 using a COP 3,796.78 per $1 conversion rate. The Units’ cash value depends on the fund’s value at withdrawal, not a fixed purchase price or negotiated share count.

Does the Grupo Cibest (CIB) director control the underlying shares in the pension fund Units?

The director does not have voting or investment discretion over assets in the pension fund. An independent third-party manager oversees the fund, which invests mainly in Grupo Cibest common and preferred shares plus a small cash component.

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

After the May 19, 2026 acquisition, the director holds 9,074.8842 Units in the Grupo Cibest Equity Securities Fund. These Units are part of an institutional voluntary pension fund arrangement rather than directly held Grupo Cibest shares.

Can the number of Grupo Cibest (CIB) shares tied to these Units be determined now?

The exact number of Grupo Cibest shares economically attributable to the Units cannot be determined until withdrawal. The fund is unitized and payable solely in cash based on its value on the withdrawal date, so the share equivalent is not fixed today.

Do the Grupo Cibest (CIB) pension fund Units reported have an expiration date?

The instrument representing the Units has no expiration date according to the footnotes. The Units remain in the institutional voluntary pension fund until the director withdraws, at which point they are paid solely in cash based on the fund’s value.