Grupo Cibest (CIB) director-linked pension fund units disposed to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grupo Cibest S.A. reported that units held for director Silvina Vatnick in an institutional voluntary pension fund were disposed of to the issuer. On June 2, 2026, 981.6522 fund units were surrendered at about $7.16 per unit, and 22,332.8200 units remained afterward. The fund is managed by an independent third party, and the director has no voting or investment discretion over its assets.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vatnick Silvina
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Units in Grupo Cibest Equity Securities Fund | 981.652 | $7.16 | $7K |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 22,332.82 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 declared units were paid exclusively in cash, based on the value of the fund on 06/2/2026. The price of a unit on June 2, 2026 was COP 25,509.27 equal to approximately $7.0 per Unit using a conversion rate of COP 3,560.24 per $1. The instrument has no expiration date
Key Figures
Units disposed: 981.6522 units
Transaction price per unit: $7.16 per unit
Units remaining: 22,332.8200 units
+2 more
5 metrics
Units disposed
981.6522 units
Disposition to issuer on June 2, 2026
Transaction price per unit
$7.16 per unit
Reported unit price for June 2, 2026 disposition
Units remaining
22,332.8200 units
Units in Grupo Cibest Equity Securities Fund after transaction
Fund unit value in COP
COP 25,509.27 per unit
Value of a unit on June 2, 2026
FX rate used
COP 3,560.24 per $1
Conversion rate used to approximate $7.0 per unit
Key Terms
institutional voluntary pension fund, disposition to issuer, unitized fund, nature of ownership
4 terms
institutional voluntary pension fund financial
"units held by the reporting person in an institutional voluntary pension fund sponsored by the issuer"
disposition to issuer financial
"transaction_code_description: Disposition to issuer"
unitized fund financial
"The fund is unitized and invests primarily in Grupo Cibest common and preferred shares"
nature of ownership financial
"nature_of_ownership: Director Voluntary Pension Fund Units"
FAQ
What insider transaction did Grupo Cibest (CIB) disclose for Silvina Vatnick?
Grupo Cibest disclosed that 981.6522 units in an institutional voluntary pension fund associated with director Silvina Vatnick were disposed of to the issuer on June 2, 2026. These units are part of a fund investing mainly in Grupo Cibest common and preferred shares.
How many pension fund units remain after the Grupo Cibest (CIB) transaction?
After disposing of 981.6522 units, 22,332.8200 units in the Grupo Cibest Equity Securities Fund remained associated with the reporting person. These units represent an ongoing indirect interest in a fund investing mainly in Grupo Cibest common and preferred shares and a small amount of cash.
What price was used for the Grupo Cibest (CIB) pension fund units on June 2, 2026?
On June 2, 2026, each unit in the Grupo Cibest Equity Securities Fund was valued at COP 25,509.27, approximately $7.0 per unit using a COP 3,560.24 per $1 exchange rate. The Form 4 also reports a transaction price of $7.16 per unit.
Does Silvina Vatnick control voting or investment decisions over the Grupo Cibest (CIB) pension fund assets?
No, the filing states that the reporting person does not have voting or investment discretion over assets held by the institutional voluntary pension fund. The fund is sponsored by Grupo Cibest and administered by an independent third-party manager, which handles investment decisions for the underlying holdings.