Grupo Cibest S.A.·4/A

Jul 27, 10:43 AM ET

Vatnick Silvina 4/A

Research Summary

AI-generated summary

Updated

Grupo Cibest (CIB) Director Vatnick Receives 480.55 Unit Award

What Happened

  • Director Silvina Vatnick acquired 480.55 derivative units on July 16, 2026, reported as an "A" (award/grant/other acquisition). The filing values each unit at $8.13, for a total reported value of approximately $3,907. The units are held in an institutional voluntary pension fund that invests primarily in Grupo Cibest securities.

Key Details

  • Transaction date and price: July 16, 2026; Unit price COP 26,276.51 ≈ $8.13 (conversion rate COP 3,233.91 per $1). Total value ≈ $3,907.
  • Security type: Derivative units in a unitized voluntary pension fund (not direct common shares). Footnote F1 explains the fund is administered by an independent manager and the reporting person has no voting or investment discretion over the fund assets.
  • Shares owned after transaction: The number of underlying Grupo Cibest shares attributable to these units cannot be determined until withdrawal of the fund units (per F1).
  • Filing status: This is an amended Form 4/A. The initial Form 4 was filed on July 17, 2026; the amendment corrects previously reported derivative counts due to a clerical error (Footnote F2).
  • Other: The instrument has no expiration date (F3).

Context

  • These units were credited pursuant to a voluntary cash contribution to a pension-style fund, payable in cash based on the fund's value at withdrawal. Because the units are held in a pooled, manager‑administered fund (no voting/investment discretion by the insider) and the underlying share count is indeterminate until withdrawal, this acquisition is less directly comparable to an open‑market purchase of company stock. It is a reported acquisition but does not necessarily signal the insider’s direct trading intent.