Vatnick Silvina 4

What Happened
Silvina Vatnick, a director of Grupo Cibest S.A. (CIB), was credited with 519.78 unitized interests on March 20, 2026, recorded as an acquisition/award. The units were valued at approximately $7.10 each (COP 26,230.53 per unit using COP 3,692.48/USD), for a total reported value of about $3,690. This transaction is a derivative/unit award credited to a voluntary pension fund, not a direct open-market purchase of common stock.

Key Details

• Transaction date and type: 2026-03-20 — Grant/Award (derivative units).
• Price/value: COP 26,230.53 per unit ≈ $7.10 per unit; 519.78 units ≈ $3,690 total.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: The units are held in an institutional voluntary pension fund sponsored by the issuer and managed by a third party; the reporting person has no voting or investment discretion over the fund. Units were credited following a voluntary cash contribution and 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. The instrument has no expiration date.
• Filing timeliness: The Form 4 was filed on 2026-04-23 for a 2026-03-20 transaction (filed ~34 days later); Form 4s are normally due within 2 business days, so this filing appears late.

Context

• These are unitized pension-fund interests (derivatives) rather than direct share purchases; the units track Grupo Cibest stock exposure but do not confer voting or direct investment control to the reporting director. Such credits from a voluntary pension contribution are administrative/compensation-related and do not necessarily indicate immediate bullish or bearish trading intent.