A Form 4 filed on August 24, 2026 discloses that Sylvia Escovar Gomez, a director of Grupo Cibest S.A. (NYSE:CIB), was credited with 356.85 units in the company's institutional voluntary pension fund on August 20, 2026.

Key Highlights

  • Reporting person: Sylvia Escovar Gomez, identified as a Director of Grupo Cibest S.A.
  • Transaction date: August 20, 2026; 356.85 derivative units were acquired (transaction code A).
  • Unit price: COP 29,733.504428 per unit, equal to approximately $9.73 per unit using a conversion rate of COP 3,053.48 per $1, as stated in the filing.
  • Resulting beneficial ownership: 41,367.36 units in the Director Voluntary Pension Fund, held indirectly.
  • Underlying securities: The fund invests primarily in Grupo Cibest common and preferred shares, along with a small amount of cash.
  • No voting or investment discretion: According to the filing, the reporting person "does not have voting or investment discretion with respect to the assets held by the fund."

Details of the Pension Fund Unit Transaction for Sylvia Escovar Gomez

According to the filing, the 356.85 units were credited to Escovar Gomez pursuant to a voluntary cash contribution to an institutional voluntary pension fund sponsored by Grupo Cibest S.A. and administered by an independent third-party manager. The filing states that the units "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 filing further discloses that the fund is unitized and invests primarily in Grupo Cibest common and preferred shares. The derivative security listed is identified as "Units in Grupo Cibest Equity Securities Fund," with the underlying securities described as Common Shares and Preferred Shares. The filing notes that the instrument has no expiration date, and that "the number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal."

Following the reported transaction, Escovar Gomez indirectly holds 41,367.36 units in the Director Voluntary Pension Fund. The Form 4 was signed by Maria Fernanda Valencia Tafur as Attorney-in-Fact for Sylvia Escovar Gomez on August 24, 2026.

What Was Disclosed

The filing reports the acquisition of 356.85 pension fund units by Grupo Cibest director Sylvia Escovar Gomez on August 20, 2026, at approximately $9.73 per unit, bringing her total indirect unit holdings to 41,367.36.