Escovar Gomez Sylvia 4

4 · Grupo Cibest S.A. · Filed May 21, 2026

AI-generated summary of this filing

Updated May 21, 2026

Grupo Cibest (CIB) Director Sylvia Escovar Receives Award of 430.69 Units

What Happened

Sylvia Escovar, a director of Grupo Cibest S.A. (CIB), acquired 430.69 units on May 19, 2026 under a grant/award (transaction code A). The unit price was COP 23,885.9 (≈ $6.29), giving an approximate transaction value of $2,709. This acquisition is an award/credit to an institutional voluntary pension fund rather than an open-market stock purchase.

Key Details

Transaction date and price: May 19, 2026; Unit price COP 23,885.9 ≈ $6.29 (conversion rate COP 3,796.78 = $1).
Quantity and value: 430.69 units; approx. $2,709 total.
Securities type: Units in an institutional voluntary pension fund (reported as a derivative instrument; instrument has no expiration date).
Ownership after transaction: Not specified in the filing.
Filing date and timeliness: Filed May 21, 2026 — appears to have been filed promptly (within typical 2-business-day Form 4 window).
Footnotes: The units were credited to a voluntary cash-contribution pension fund administered by an independent manager. The reporting person has no voting or investment discretion over fund assets. Units are payable in cash based on fund value at withdrawal; the number of Grupo Cibest shares economically attributable to the units cannot be determined until withdrawal.

Context

These are fund units (derivative exposure) credited from a voluntary pension contribution, not a direct share purchase. Because the units are unitized and payable in cash based on fund value, the filing does not reveal the exact number of Grupo Cibest shares underlying the units until withdrawal. This type of award generally reflects participation in a company-sponsored pension arrangement rather than a direct trading signal.

Form 4

Period: 2026-05-19

Director

Transactions

Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]
2026-05-19$6.29/sh+430.69$2,709→ 40,151.101 total(indirect: Director Voluntary Pension Fund Units)
→ Common Shares and Preferred Shares

Footnotes (2)

[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 May 19, 2026 was COP 23,885.9 equal to approximately $6.29 per Unit using a conversion rate of COP 3,796.78 per $1
[F2]The instrument has no expiration date

Signature

/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Sylvia Escovar Gomez|2026-05-21

1 file