Grupo Cibest director acquires 441.77 fund units

The units are payable solely in cash, while their economic share equivalent cannot be determined until withdrawal.

Rhea-AI Filing Summary

Grupo Cibest S.A. (CIB) director Valencia Juan Esteban Toro reported an indirect acquisition of 441.77 units in the Grupo Cibest Equity Securities Fund on October 19, 2026. The units were valued at approximately $9.88 each that day, and his reported holding afterward was 11,467.95 units. The units were credited through a voluntary cash contribution; the fund’s assets are managed independently, and he has no voting or investment discretion over those assets. Units are payable solely in cash based on the fund’s value at withdrawal.

Insider Trade Summary

Grant/Award: 441.77 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	441.77	$9.88	$4K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 11,467.95 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 October 19, 2026 was COP 31,394.8120 equal to approximately $9.88 per Unit using a conversion rate of COP 3,174.67 per $1.
2. F2. The instrument has no expiration date.

Key Figures

Fund units acquired: 441.77 units Unit value: Approximately $9.88 per unit Unit value in COP: COP 31,394.8120 per unit +1 more

4 metrics

Fund units acquired 441.77 units October 19, 2026

Unit value Approximately $9.88 per unit October 19, 2026; converted from COP 31,394.8120 per unit

Unit value in COP COP 31,394.8120 per unit October 19, 2026

Reported units held after transaction 11,467.95 units Following the October 19, 2026 transaction

Key Terms

institutional voluntary pension fund, investment discretion, economically attributable

3 terms

institutional voluntary pension fund financial

"an institutional voluntary pension fund sponsored by the issuer"

investment discretion financial

"does not have voting or investment discretion"

economically attributable financial

"shares economically attributable to the units"

FAQ

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

How many CIB shares do the fund units represent?

The number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal. The fund invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash, and units are payable solely in cash based on the fund’s value at withdrawal.

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

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Available on EDGAR 10/21/2026 - 11:45 AM EDT Accepted by SEC EDGAR 10/21/2026 - 11:44 AM EDT 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)
10/19/2026

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)	10/19/2026		A		441.77		(1)	(2)	Common Shares and Preferred Shares	(1)	$9.88	11,467.95	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 October 19, 2026 was COP 31,394.8120 equal to approximately $9.88 per Unit using a conversion rate of COP 3,174.67 per $1.

2. The instrument has no expiration date.

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Juan Esteban Toro Valencia	10/21/2026
	** 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)