Grupo Cibest (NYSE: CIB) director amends pension fund unit grant
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
- 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.
- F3. The instrument has no expiration date.
Key Figures
Units acquired: 480.5500 Units
Unit price (COP): COP 26,276.51 per Unit
Unit price (USD equivalent): $8.13 per Unit
+2 more
5 metrics
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
Key Terms
institutional voluntary pension fund, unitized, beneficially owned, derivative securities, +1 more
5 terms
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.
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.