Grupo Cibest Director Silvina Vatnick Receives 444.61-Unit Award
$CIB · Grupo Cibest S.A.Research Summary
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Grupo Cibest Director Silvina Vatnick Receives 444.61-Unit Award
What Happened
Silvina Vatnick, a director of Grupo Cibest S.A. (CIB), received 444.61 units classified as a derivative award on August 20, 2026. The filing lists a per‑unit value of $9.73 (COP 29,733.504428 using COP 3,053.48 = $1), for a total reported value of approximately $4,326. The transaction is reported as an "A" (grant/award/other acquisition).
Key Details
- Transaction date: 2026-08-20; Filing date (accession): 2026-08-24.
- Amount: 444.61 units @ $9.73 per unit ≈ $4,326 total.
- Shares/units held after transaction: not specified in the Form 4.
- Footnote F1: Units represent holdings in an institutional voluntary pension fund sponsored by the issuer and managed by an independent third party. Vatnick has no voting or investment discretion over the fund. Units were credited following a voluntary cash contribution, are not bought at a fixed/negotiated price, 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.
- Footnote F2: The instrument has no expiration date.
Context
This was an acquisition of pension‑fund units (a derivative interest), not a direct open‑market purchase of common stock. Because the units are held in a pooled institutional voluntary pension fund and are payable in cash based on fund value, they do not convey immediate voting rights in Grupo Cibest and the underlying share equivalent is indeterminate until withdrawal. The filing lists the transaction and value but does not indicate any immediate sale of underlying shares.