Grupo Cibest (CIB) director reports acquisition of 498 pension fund units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. director Silvina Vatnick reported an acquisition of 498.37 units in the Grupo Cibest Equity Securities Fund on June 17, 2026, through an institutional voluntary pension fund.
Following this grant-type acquisition, the pension fund account associated with her indirect holdings reflected 22,831.19 units, with no expiration date on the instrument.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vatnick Silvina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund | 498.37 | $7.90 | $4K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 22,831.19 shares (Indirect, Director Voluntary Pension Fund Units)
Footnotes (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 June 17, 2026 was COP 27,081.70 equal to approximately $7.90 per Unit using a conversion rate of COP 3,427.07 per $1. The instrument has no expiration date
Key Figures
Units acquired: 498.37 units
Units after transaction: 22,831.19 units
Unit value in COP: COP 27,081.70 per unit
+2 more
5 metrics
Units acquired
498.37 units
Grant-type acquisition on June 17, 2026
Units after transaction
22,831.19 units
Total institutional voluntary pension fund units following acquisition
Unit value in COP
COP 27,081.70 per unit
Price of a unit on June 17, 2026
Unit value in USD
$7.90 per unit
Approximate value using COP 3,427.07 per $1 conversion rate
FX conversion rate
COP 3,427.07 per $1
Rate used to translate unit value into U.S. dollars
Key Terms
institutional voluntary pension fund, unitized, independent third-party manager, conversion rate
4 terms
institutional voluntary pension fund financial
"The reported securities represent units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer..."
unitized financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares..."
independent third-party manager financial
"...sponsored by the issuer and administered by an independent third-party manager."
conversion rate financial
"...using a conversion rate of COP 3,427.07 per $1."
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
FAQ
What insider transaction did Grupo Cibest (CIB) report for Silvina Vatnick?
Grupo Cibest director Silvina Vatnick reported an acquisition of 498.37 units in the Grupo Cibest Equity Securities Fund on June 17, 2026. The units were credited to an institutional voluntary pension fund account as a grant-type acquisition, classified as an indirect holding.
How many fund units does Silvina Vatnick hold after this Form 4 transaction in CIB?
After the June 17, 2026 acquisition, the institutional voluntary pension fund account associated with director Silvina Vatnick reflected 22,831.19 units. These units represent an indirect economic interest in a fund that primarily invests in Grupo Cibest common and preferred shares plus a small cash component.
What price per unit was reported for the Grupo Cibest Equity Securities Fund on June 17, 2026?
On June 17, 2026, each unit of the Grupo Cibest Equity Securities Fund was valued at COP 27,081.70, equal to approximately $7.90 per unit. This U.S. dollar amount used a conversion rate of COP 3,427.07 for each $1 of value.
Does Silvina Vatnick control voting or investment decisions for the reported pension fund units in CIB?
The filing states the fund is administered by an independent third-party manager, and Silvina Vatnick does not have voting or investment discretion over the fund’s assets. Her interest is purely economic, tied to the value of the institutional voluntary pension fund units.
How is the value of Silvina Vatnick’s Grupo Cibest pension fund units ultimately paid out?
The reported units are payable solely in cash based on the value of the Grupo Cibest Equity Securities Fund on the withdrawal date. The number of Grupo Cibest shares economically attributable to the units cannot be determined until that withdrawal date occurs.
Does the institutional voluntary pension fund instrument reported by CIB have an expiration date?
The filing notes that the institutional voluntary pension fund instrument has no expiration date. This means the reported units do not automatically terminate on a fixed maturity date, and their value depends on the fund at the time of any future withdrawal.