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Grupo Cibest (NYSE: CIB) director amends pension fund unit grant

(Neutral)
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Grupo Cibest S.A. director Silvina Vatnick reported acquiring 480.5500 Units in the Grupo Cibest Equity Securities Fund on July 16, 2026, at COP 26,276.51 (approximately $8.13) per Unit. The institutional voluntary pension fund is unitized, held indirectly, and managed by an independent third party, so she has no voting or investment discretion over its assets. Following this contribution, her indirect holdings in the fund total 22,286.6185 Units. This amendment corrects previously overstated derivative amounts and notes that the instrument has no expiration date and is payable solely in cash based on fund value at withdrawal.

Positive

  • None.

Negative

  • None.
Insider Vatnick Silvina
Role Director
Type Security Shares Price Value
Grant/Award Units in Grupo Cibest Equity Securities Fund F1, F2, F3 480.55 $8.13 $4K
Holdings After Transaction: Units in Grupo Cibest Equity Securities Fund — 22,286.6185 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (3)
  1. F1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund. The reported units were credited pursuant to a voluntary cash contribution to the fund, are not purchased at a fixed or negotiated price, and are payable solely in cash based on the value of the fund on the date of withdrawal. The number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal. The price of a Unit on July 16, 2026 was COP 26,276.51 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.
  2. F2. The Form 4/A amends the Form 4 filed on July 17, 2026, to correct the number of derivative securities acquired and beneficially owned following the reported transaction in Column 5 and 9, which were previously reported as 21,140.3871 and 42,946.4571 respectively, due to a clerical error.
  3. F3. The instrument has no expiration date.
Units acquired 480.5500 Units Units in Grupo Cibest Equity Securities Fund acquired on July 16, 2026
Unit price (COP) COP 26,276.51 per Unit Value of one Unit on July 16, 2026
Unit price (USD equivalent) $8.13 per Unit Approximate Unit value using COP 3,233.91 per $1
Holdings after transaction 22,286.6185 Units Total Units indirectly held in the fund following the acquisition
FX conversion rate COP 3,233.91 per $1 Rate used to convert Unit price into U.S. dollars
institutional voluntary pension fund financial
"The reported securities represent units held by the reporting person in an institutional voluntary pension fund"
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
beneficially owned financial
"to correct the number of derivative securities acquired and beneficially owned following the reported transaction"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
derivative securities financial
"to correct the number of derivative securities acquired and beneficially owned"
Financial contracts whose value is tied to the price or performance of another asset, such as a stock, bond, commodity, index, or currency; examples include options, futures and swaps. They matter to investors because they let you protect against price swings, bet on future moves or gain larger exposure with less upfront cash—like using a lever or insurance policy on an investment—so they can amplify gains and losses and help manage portfolio risk.
independent third-party manager financial
"sponsored by the issuer and administered by an independent third-party manager"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did Grupo Cibest (CIB) director Silvina Vatnick report?

Silvina Vatnick reported acquiring 480.5500 Units in the Grupo Cibest Equity Securities Fund on July 16, 2026 at a Unit price of COP 26,276.51, equal to approximately $8.13 per Unit, through a voluntary cash contribution.

How many pension fund Units does Silvina Vatnick indirectly hold in Grupo Cibest (CIB) after this transaction?

After the reported acquisition, Silvina Vatnick indirectly holds 22,286.6185 Units in the Grupo Cibest Equity Securities Fund. These Units represent an economic interest in a fund that primarily invests in Grupo Cibest common and preferred shares plus a small cash position.

What is the nature of the Grupo Cibest (CIB) Equity Securities Fund mentioned in the filing?

The Grupo Cibest Equity Securities Fund is an institutional voluntary pension fund sponsored by Grupo Cibest and managed by an independent third-party. It is unitized and invests mainly in Grupo Cibest common and preferred shares, together with a small amount of cash.

Does Silvina Vatnick control the underlying assets in the Grupo Cibest (CIB) pension fund Units?

No. The footnotes state that Silvina Vatnick has no voting or investment discretion over the assets held by the fund. The Units are payable solely in cash at withdrawal, and the number of Grupo Cibest shares attributable cannot be determined until that date.

Why is this Grupo Cibest (CIB) insider report filed as a Form 4/A amendment?

The amendment corrects clerical errors in a prior Form 4, which had overstated the number of derivative securities acquired and beneficially owned. Previously reported figures of 21,140.3871 and 42,946.4571 are replaced with the corrected amounts for this transaction and holdings.

Do the Grupo Cibest (CIB) pension fund Units reported by Silvina Vatnick have an expiration date?

No. A footnote explains that the instrument has no expiration date. The Units are credited pursuant to voluntary cash contributions and are payable solely in cash based on the value of the fund on the date of withdrawal.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Vatnick Silvina

(Last)(First)(Middle)
CRA. 48 # 26-85

(Street)
MEDELLIN, COLOMBIA050001

(City)(State)(Zip)

COLOMBIA

(Country)
2. Issuer Name and Ticker or Trading Symbol
Grupo Cibest S.A. [ CIB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/17/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Units in Grupo Cibest Equity Securities Fund(1)(1)07/16/2026A480.55(2) (1) (3)Common Shares and Preferred Shares(1)$8.1322,286.6185(2)IDirector Voluntary Pension Fund Units(1)
Explanation of Responses:
1. The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer and administered by an independent third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund. The reported units were credited pursuant to a voluntary cash contribution to the fund, are not purchased at a fixed or negotiated price, and are payable solely in cash based on the value of the fund on the date of withdrawal. The number of Grupo Cibest shares economically attributable to the units cannot be determined until the date of withdrawal. The price of a Unit on July 16, 2026 was COP 26,276.51 equal to approximately $8.13 per Unit using a conversion rate of COP 3,233.91 per $1.
2. The Form 4/A amends the Form 4 filed on July 17, 2026, to correct the number of derivative securities acquired and beneficially owned following the reported transaction in Column 5 and 9, which were previously reported as 21,140.3871 and 42,946.4571 respectively, due to a clerical error.
3. The instrument has no expiration date.
Remarks:
/s/ Maria Fernanda Valencia Tafur, Attorney-in-Fact for Silvina Graciela Vatnick07/27/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)