Grupo Cibest Director Silvina Vatnick Sells 1,060 Units for $10.3K

What Happened
Silvina Vatnick, a director of Grupo Cibest S.A. (CIB), reported a disposition to the issuer on August 31, 2026. She disposed of 1,059.84 units (reported as derivative securities) at an implied price of approximately $9.69 per unit, for total cash proceeds of about $10,270. This was a sale/redemption of fund units rather than an open-market sale of directly held common shares.

Key Details

• Transaction date: 2026-08-31; Filing date (Form 4): 2026-09-02. Filing appears within the normal reporting window.
• Quantity and price: 1,059.84 units at ~$9.69 per unit; total ≈ $10,270.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote F1: The reported securities are units held in an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third party; the fund is unitized, holds primarily Grupo Cibest shares plus cash, and the reporting person has no voting or investment discretion over the fund assets. Units were paid exclusively in cash based on the fund value on Aug 31, 2026 (unit price COP 31,044.064842 ≈ $9.69 using COP 3,202.79/$1).
• Footnote F2: The instrument has no expiration date.
• Transaction code: D (Disposition to the issuer) — a redemption/withdrawal from the fund, not an option exercise or a market sale.

Context
This was a cash redemption of units in a company-sponsored pension/investment fund rather than a direct sale of individually held common stock. Because the director does not control the fund’s investments or voting, the transaction often reflects routine personal/plan activity (e.g., payout) rather than a personal trading decision about the company’s shares.