Grupo Cibest director acquires 450.31 fund units

The fund units are payable solely in cash at withdrawal, and their underlying share equivalent cannot be determined until then.

Rhea-AI Filing Summary

Grupo Cibest S.A. director Juan Esteban Toro Valencia acquired 450.31 indirectly held units in the issuer-sponsored Grupo Cibest Equity Securities Fund on September 21, 2026; the units were credited pursuant to a voluntary cash contribution. A unit was valued at COP 30,779.2605, approximately $9.64, that day. His reported post-transaction position was 11,026.18 units. The fund is administered by an independent third-party manager, and he has no voting or investment discretion over its assets. Units are payable solely in cash at withdrawal; the number of underlying shares cannot be determined until then. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Grant/Award: 450.31 shares

Grant/Award 1 txn

Insider Toro Valencia Juan Esteban

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund F1, F2	450.31	$9.64	$4K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 11,026.18 contracts (Indirect, Director Voluntary Pension Fund Units)

Footnotes (2)

1. F1. 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 September 21, 2026 was COP 30,779.2605 equal to approximately $9.64 per Unit using a conversion rate of COP 3,192.92 per $1.
2. F2. The instrument has no expiration date.

Key Figures

Units acquired: 450.31 units Unit value: COP 30,779.2605 per unit, approximately $9.64 Units held after transaction: 11,026.18 units

3 metrics

Units acquired 450.31 units Indirect acquisition on September 21, 2026

Unit value COP 30,779.2605 per unit, approximately $9.64 September 21, 2026

Units held after transaction 11,026.18 units Reported post-transaction position

Key Terms

unitized, voluntary pension fund, voting or investment discretion

3 terms

unitized financial

"The fund is unitized"

voluntary pension fund financial

"institutional voluntary pension fund"

voting or investment discretion financial

"does not have voting or investment discretion"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CIB fund units did the director acquire?

Juan Esteban Toro Valencia, a director, acquired 450.31 units in the Grupo Cibest Equity Securities Fund on September 21, 2026. A unit was valued at COP 30,779.2605, approximately $9.64, on that date.

Do the CIB fund units represent a fixed number of shares?

The number of Grupo Cibest common and preferred shares economically attributable to the units cannot be determined until withdrawal. The units are payable solely in cash based on the fund's value on the withdrawal date.

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

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Available on EDGAR 09/23/2026 - 03:31 PM Accepted by SEC EDGAR 09/23/2026 - 03:31 PM Learn about SEC filing dates

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^*

Toro Valencia Juan Esteban

(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)
09/21/2026

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Units in Grupo Cibest Equity Securities Fund(1)	(1)	09/21/2026		A		450.31		(1)	(2)	Common Shares and Preferred Shares	(1)	$9.64	11,026.18	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 September 21, 2026 was COP 30,779.2605 equal to approximately $9.64 per Unit using a conversion rate of COP 3,192.92 per $1.

2. The instrument has no expiration date.

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Juan Esteban Toro Valencia	09/23/2026
	** 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)