Vatnick Silvina 4
4 · Grupo Cibest S.A. · Filed Apr 23, 2026
Research Summary
AI-generated summary of this filing
Grupo Cibest (CIB) Director Silvina Vatnick Receives Award
What Happened
Silvina Vatnick, a director of Grupo Cibest S.A. (CIB), was credited with 510.3 units (reported as a derivative acquisition) on April 20, 2026. The units were valued at approximately $7.26 each (COP 26,765.16 per unit), for an aggregate value of about $3,705. This was reported on an SEC Form 4 filed April 23, 2026 (one business day late).
Key Details
- Transaction type: A (Grant/award/other acquisition of derivative units)
- Date and price: 2026-04-20; 510.3 units @ ~$7.26 per unit (unit price based on COP→USD conversion)
- Aggregate value: ≈ $3,705
- Shares owned after transaction: Not reported / underlying Grupo Cibest shares attributable to the units cannot be determined until fund withdrawal (per footnote)
- Footnotes: F1 — units are in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party; reporting person has no voting or investment discretion; units credited via voluntary cash contribution and payable in cash based on fund value at withdrawal. F2 — instrument has no expiration date.
- Timeliness: Form 4 filed on 2026-04-23 for a 2026-04-20 transaction (appears one business day late).
Context
This was an award/credit of pension-fund units tied economically to Grupo Cibest securities, not a direct open-market purchase or sale of common stock. Because the units are unitized and payable in cash based on fund value, the exact number of underlying Grupo Cibest shares attributable to the units isn’t determinable until withdrawal; the reporting person also lacks investment or voting control over the fund.
Insider Transaction Report
- Award
Units in Grupo Cibest Equity Securities Fund
[F1][F2]2026-04-20$7.26/sh+510.3$3,705→ 24,893.104 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 uniton April 20,2026 was COP 26,765.16 equal to approximately $7.26 per Unit using a conversion rate of COP 3,615.1 per $1.
- [F2]The instrument has no expiration date