Grupo Cibest (CIB) Director Silvina Vatnick Sells 1,123 Units

What Happened
Silvina Vatnick, a director of Grupo Cibest S.A. (CIB), disposed of 1,123.05 units in an institutional voluntary pension fund on September 21, 2026. The units were redeemed to the issuer at a reported per-unit value of $9.64 (COP 30,779.2605), producing proceeds of approximately $10,826. The filing classifies this as a derivative disposition to the issuer (code D) and notes the payment was made exclusively in cash.

Key Details

• Transaction date: 2026-09-21; Form 4 filed: 2026-09-24 (filed one business day late).
• Quantity and price: 1,123.05 units at $9.64 per unit; total ≈ $10,826.
• Instrument type: Units in an institutional voluntary pension fund (reported as a derivative disposition).
• Footnote F1: Units are held in a unitized pension fund sponsored by the issuer and managed by an independent third party; the reporting person does not have voting or investment discretion over the fund. Units were paid in cash based on the fund value on 9/21/2026 (COP to USD conversion: COP 3,192.92 = $1).
• Footnote F2: Instrument has no expiration date.
• Shares owned after transaction: Not stated in the filing.

Context
This was a cash redemption of fund units held in an institutional pension vehicle, not an open-market sale of individually held shares. Because the reporting person lacks investment and voting control over the fund, the transaction may reflect administrative or personal liquidity needs rather than a director’s view on the company. Note the Form 4 was filed a day late, which temporarily reduces transparency for investors.