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

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grupo Cibest S.A. director Vatnick Silvina reported an acquisition of 510.3000 units in a Grupo Cibest equity securities pension fund on April 20, 2026. These are indirect holdings in an institutional voluntary pension fund sponsored by the company and run by an independent manager.

The filing notes the director has no voting or investment discretion over the fund’s assets. Units were credited following a voluntary cash contribution, at a unit value of COP 26,765.16 (about $7.26 using a COP 3,615.1 per $1 rate), bringing total pension fund units attributable to her to 24,893.1041. The instrument has no expiration date and is payable only in cash based on the fund’s value at withdrawal.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Vatnick Silvina

Role null

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund	510.3	$7.26	$4K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 24,893.104 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 April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1. The instrument has no expiration date

Key Figures

Pension fund units acquired: 510.3000 units Total units after transaction: 24,893.1041 units Unit value in COP: COP 26,765.16 per unit +3 more

6 metrics

Pension fund units acquired 510.3000 units Grant/award acquisition on April 20, 2026

Total units after transaction 24,893.1041 units Director’s institutional voluntary pension fund units

Unit value in COP COP 26,765.16 per unit Fund unit value on April 20, 2026

Unit value in USD $7.26 per unit Approximate value using COP 3,615.1 per $1

FX rate COP 3,615.1 per $1 Conversion rate used to value units

Expiration No expiration date Instrument representing pension fund units

Key Terms

institutional voluntary pension fund, unitized, independent third-party manager, Director Voluntary Pension Fund Units, +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"

independent third-party manager financial

"sponsored by the issuer and administered by an independent third-party manager"

Director Voluntary Pension Fund Units financial

"nature_of_ownership: Director Voluntary Pension Fund Units"

conversion rate financial

"using a conversion rate of COP 3,615.1 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 →

04/23/2026 - 05:36 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^*

Vatnick Silvina

(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)
04/20/2026

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⁾	04/20/2026		A		510.3		⁽¹⁾	⁽²⁾	Common Shares and Preferred Shares	⁽¹⁾	$7.26	24,893.1041	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 April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Silvina Graciela Vatnick	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 Vatnick Silvina?

Grupo Cibest reported director Vatnick Silvina acquiring 510.3000 units in an equity securities voluntary pension fund on April 20, 2026. The units reflect an indirect, fund-based economic interest rather than a direct purchase of Grupo Cibest shares in the open market.

Does Vatnick Silvina control voting or investment decisions for the Grupo Cibest pension fund units?

No. The filing states she has no voting or investment discretion over assets held by the institutional voluntary pension fund. The fund is administered by an independent third-party manager that invests primarily in Grupo Cibest common and preferred shares plus a small cash allocation.

How were the Grupo Cibest (CIB) pension fund units credited to the director?

The units were credited pursuant to a voluntary cash contribution to the institutional pension fund, not through a fixed-price or negotiated securities purchase. The filing explains the instrument is payable solely in cash based on the fund’s value at the date of withdrawal.

What was the value of each Grupo Cibest pension fund unit on April 20, 2026?

On April 20, 2026, each pension fund unit was valued at COP 26,765.16, equal to approximately $7.26 per unit. This conversion used an exchange rate of COP 3,615.1 per $1, as disclosed in the footnote to the insider transaction.

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

Following the April 20, 2026 contribution, total units in the Grupo Cibest equity securities voluntary pension fund attributable to the director rose to 24,893.1041. These interests are indirect and tied to the fund’s performance rather than direct ownership of individual Grupo Cibest shares.

Do the Grupo Cibest pension fund units reported have an expiration date?

No. A footnote clarifies that the instrument representing the pension fund units has no expiration date. Payment is made solely in cash based on the value of the fund on the withdrawal date, rather than through delivery of Grupo Cibest shares.