Grupo Cibest VP adds pension fund exposure

Rhea-AI Filing Summary

Grupo Cibest S.A. Business VP Ricardo Mauricio Rosillo Rojas indirectly acquired additional pension fund units tied to the company’s shares. On March 27, 2026, he was credited with 9,361.261 units in the Grupo Cibest Equity Securities Fund through a voluntary cash contribution, bringing his total indirect holdings in this fund to 170,686.143 units.

The institutional voluntary pension fund is sponsored by Grupo Cibest and run by an independent manager. It is unitized and invests mainly in Grupo Cibest common and preferred shares, plus a small cash balance. Rosillo Rojas has no voting or investment discretion over the fund’s assets, and the position is payable only in cash based on the fund’s value when withdrawn.

The reported award is classified as a grant or other acquisition of derivative-type units rather than an open-market stock purchase. The filing notes the instrument has no expiration date. The price of one fund unit on March 27, 2026 was COP 25,701.19, and the number of Grupo Cibest shares economically attributable to these units will only be determinable at withdrawal.

Insider Trade Summary

Grant/Award: 9,361.261 shares

Grant/Award 1 txn

Insider Rosillo Rojas Ricardo Mauricio

Role Business VP

Type	Security	Shares	Price	Value
Grant/Award	Units in Grupo Cibest Equity Securities Fund	9,361.261	$7.0068	$66K

Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 170,686.143 contracts (Indirect, Employee 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 March 27,2026 was COP 25,701.19.
2. F2. The instrument has no expiration date

Key Figures

Units acquired: 9,361.261 fund units Units held after transaction: 170,686.143 fund units Unit price (COP): COP 25,701.19 per unit +1 more

4 metrics

Units acquired 9,361.261 fund units Grant/award acquisition on March 27, 2026

Units held after transaction 170,686.143 fund units Total indirect holdings in Grupo Cibest Equity Securities Fund

Unit price (COP) COP 25,701.19 per unit Value of one fund unit on March 27, 2026

Reported transaction price 7.0068 per unit Price per unit as shown in the transaction table

Key Terms

Employee Voluntary Pension Fund Units, independent third-party manager, does not have voting or investment discretion, payable solely in cash, +1 more

5 terms

Employee Voluntary Pension Fund Units financial

"nature_of_ownership: "Employee Voluntary Pension Fund Units""

independent third-party manager financial

"administered by an independent third-party manager"

does not have voting or investment discretion financial

"The reporting person does not have voting or investment discretion"

payable solely in cash financial

"are payable solely in cash based on the value of the fund"

unitized fund financial

"The fund is unitized and invests primarily in Grupo Cibest shares"

FAQ

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

What insider transaction did Grupo Cibest (CIB) report for Ricardo Mauricio Rosillo Rojas?

Grupo Cibest reported that Business VP Ricardo Mauricio Rosillo Rojas acquired 9,361.261 units in the Grupo Cibest Equity Securities Fund. These units were credited through a voluntary cash contribution to a pension fund that primarily holds Grupo Cibest common and preferred shares.

Is the Grupo Cibest (CIB) insider transaction an open-market stock purchase?

No, the transaction is not an open-market stock purchase. Rosillo Rojas received 9,361.261 fund units in an institutional voluntary pension fund, classified as a grant or other acquisition of derivative-type units, payable only in cash based on future fund value at withdrawal.

How large is Ricardo Mauricio Rosillo Rojas’s indirect pension fund position related to Grupo Cibest (CIB)?

After the latest acquisition, Rosillo Rojas holds 170,686.143 units in the Grupo Cibest Equity Securities Fund. The fund invests mainly in Grupo Cibest common and preferred shares, so these units give him indirect economic exposure rather than direct share ownership or voting power.

Does the Grupo Cibest (CIB) insider have voting or investment control over the pension fund assets?

The filing states that Rosillo Rojas does not have voting or investment discretion over assets in the institutional voluntary pension fund. An independent third-party manager administers the fund, which is sponsored by Grupo Cibest and mainly holds the company’s common and preferred shares.

How is the value of the Grupo Cibest (CIB) Equity Securities Fund units determined?

Each unit’s value reflects the underlying portfolio, which primarily holds Grupo Cibest common and preferred shares plus some cash. On March 27, 2026, one unit was priced at COP 25,701.19, and payouts are made solely in cash based on the fund’s value at withdrawal.

Does the pension fund instrument reported by Grupo Cibest (CIB) have an expiration date?

The filing notes that the pension fund-related instrument has no expiration date. Units remain outstanding until the insider withdraws, at which point they are settled in cash using the then-current value of the Grupo Cibest Equity Securities Fund.

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

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Accepted by SEC EDGAR 03/30/2026 - 08:38 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^*

Rosillo Rojas Ricardo Mauricio

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Business VP

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

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)	03/27/2026		A		9,361.261		(1)	(2)	Common Shares and Preferred Shares	(1)	$7.0068	170,686.143	I	Employee 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 March 27,2026 was COP 25,701.19.

2. The instrument has no expiration date

Remarks:

	/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Ricardo Mauricio Rosillo Rojas	03/30/2026
	** 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)