Grupo Cibest (CIB) director acquires 41010.5098 pension fund Units

Q: What insider transaction did Grupo Cibest (CIB) report for Sylvia Escovar?

Sylvia Escovar reported a grant-type acquisition of 41010.5098 Units in the Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent manager, with no voting or investment discretion over the underlying assets.

Q: Does Sylvia Escovar have voting or investment discretion over Grupo Cibest (CIB) assets in this pension fund?

No. The disclosure states that Escovar does not have voting or investment discretion over the assets held by the institutional voluntary pension fund, which is administered by an independent third-party manager despite investing primarily in Grupo Cibest shares and some cash.

Q: How are the Units in the Grupo Cibest (CIB) pension fund settled for Sylvia Escovar?

The Units credited to Sylvia Escovar are payable solely in cash based on the value of the fund on the date of withdrawal. The exact number of Grupo Cibest shares economically attributable to those Units can only be determined at that withdrawal date.

Q: Is the reported Grupo Cibest (CIB) pension fund instrument subject to expiration or a Rule 10b5-1 trading plan?

The instrument has no expiration date , according to the footnote. The filing’s Rule 10b5-1 checkbox is not marked as being under a plan, indicating the transaction was not reported as executed pursuant to a Rule 10b5-1 trading arrangement.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grupo Cibest S.A. director Sylvia Escovar reported a grant-type acquisition of 41010.5098 Units in the Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund sponsored by the company and managed by an independent third party. The Units were credited pursuant to a voluntary cash contribution and are held indirectly as “Director Voluntary Pension Fund Units.” The fund is unitized and invests primarily in Grupo Cibest common and preferred shares plus a small cash component, but Escovar has no voting or investment discretion over fund assets, and the number of shares attributable to the Units is only determinable on withdrawal. Each Unit was valued at COP 26,276.515609 (about $8.13) on July 16, 2026, based on a COP 3,233.91 per $1 conversion rate, bringing her total fund position to 81626.5206 Units. The instrument has no expiration date and is payable solely in cash based on the fund’s value at withdrawal.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Escovar Gomez Sylvia

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund	41,010.51	$8.13	$333K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 81,626.521 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 Unit on July 16, 2026 was COP 26,276.515609 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1. The instrument has no expiration date

Key Figures

Units acquired: 41010.5098 Units Total Units after transaction: 81626.5206 Units Unit price in COP: COP 26,276.515609 +2 more

5 metrics

Units acquired 41010.5098 Units Grant-type acquisition in Grupo Cibest Equity Securities Fund on July 16, 2026

Total Units after transaction 81626.5206 Units Indirect holdings in Director Voluntary Pension Fund Units following acquisition

Unit price in COP COP 26,276.515609 Value per Unit in the fund on July 16, 2026

Unit price in USD equivalent $8.13 per Unit Approximate Unit value using COP 3,233.91 per $1 conversion rate

FX conversion rate COP 3,233.91 per $1 Rate used to translate Unit price from COP to USD

Key Terms

institutional voluntary pension fund, unitized, independent third-party manager, conversion rate, +1 more

5 terms

institutional voluntary pension fund financial

"The reported securities represent units held by the reporting person in an institutional voluntary pension fund"

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 3,233.91 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.

Director Voluntary Pension Fund Units financial

"nature_of_ownership: Director Voluntary Pension Fund Units"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/17/2026 - 05:19 PM Accepted by SEC EDGAR 07/17/2026 - 05:18 PM

FAQ

What insider transaction did Grupo Cibest (CIB) report for Sylvia Escovar?

Sylvia Escovar reported a grant-type acquisition of 41010.5098 Units in the Grupo Cibest Equity Securities Fund, an institutional voluntary pension fund sponsored by Grupo Cibest and administered by an independent manager, with no voting or investment discretion over the underlying assets.

How many pension fund Units in Grupo Cibest (CIB) does Sylvia Escovar now hold?

After the reported acquisition, Sylvia Escovar’s position in the Grupo Cibest Equity Securities Fund increased to 81626.5206 Units. These Units are held in a voluntary pension fund account and are payable solely in cash based on the fund’s value at the time of withdrawal.

What was the value per Unit in the Grupo Cibest (CIB) Equity Securities Fund on July 16, 2026?

On July 16, 2026, each Unit in the Grupo Cibest Equity Securities Fund was valued at COP 26,276.515609, approximately $8.13 per Unit, using a foreign-exchange conversion rate of COP 3,233.91 per $1 stated in the disclosure footnote.

Does Sylvia Escovar have voting or investment discretion over Grupo Cibest (CIB) assets in this pension fund?

No. The disclosure states that Escovar does not have voting or investment discretion over the assets held by the institutional voluntary pension fund, which is administered by an independent third-party manager despite investing primarily in Grupo Cibest shares and some cash.

How are the Units in the Grupo Cibest (CIB) pension fund settled for Sylvia Escovar?

The Units credited to Sylvia Escovar are payable solely in cash based on the value of the fund on the date of withdrawal. The exact number of Grupo Cibest shares economically attributable to those Units can only be determined at that withdrawal date.

Is the reported Grupo Cibest (CIB) pension fund instrument subject to expiration or a Rule 10b5-1 trading plan?

The instrument has no expiration date, according to the footnote. The filing’s Rule 10b5-1 checkbox is not marked as being under a plan, indicating the transaction was not reported as executed pursuant to a Rule 10b5-1 trading arrangement.

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^*

Escovar Gomez Sylvia

(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)
07/16/2026

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⁾	07/16/2026		A		41,010.5098		⁽¹⁾	⁽²⁾	Common Shares and Preferred Shares	⁽¹⁾	$8.13	81,626.5206	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 Unit on July 16, 2026 was COP 26,276.515609 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Sylvia Escovar Gomez	07/17/2026
	** 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