Vatnick Silvina 4

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.