Vatnick Silvina 4

What Happened
Silvina Vatnick, a director of Grupo Cibest S.A. (CIB), made a disposition to the issuer on July 8, 2026, redeeming 1,025.12 units (treated as derivative securities) at approximately $8.15 per unit for a total cash amount of about $8,356. This was a redemption/cash payout from an institutional voluntary pension fund holding units tied to Grupo Cibest securities, not an open‑market sale of company shares.

Key Details

• Transaction date and terms: 2026-07-08 — Disposition to issuer (D) of 1,025.12 units at ~USD $8.1516265 per unit (unit price COP 27,189.750184), total ≈ $8,356.
• Security type: Reported as a derivative instrument (units in a unitized pension fund).
• Shares/units owned after transaction: Not specified in the provided Form 4 details.
• Footnotes of note:
  • F1: Units represent holdings 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 were paid exclusively in cash based on the fund value on 07/08/2026.
  • F2: The instrument has no expiration date.
• Filing timing: Form filed 2026-07-10 for a 07-08-2026 transaction — appears to be filed within the ordinary reporting window.

Context
This was a cash redemption of pension‑fund units tied to Grupo Cibest securities rather than a direct open‑market sale of company stock by the director. Because the units are managed by an independent fund manager and the reporting person lacks investment/voting control, the transaction is largely administrative (receipt of cash) and should not be interpreted directly as a personal directional bet on the company's shares.