Grupo Cibest (NYSE: CIB) director boosts pension stake
Rhea-AI Filing Summary
Grupo Cibest S.A. (CIB) director Silvina Vatnick reported an acquisition of 444.6100 Units in the Grupo Cibest Equity Securities Fund on August 20, 2026. These Units are held indirectly in a director voluntary pension fund, bringing her reported fund position to 21,584.9900 Units. The institutional voluntary pension fund is unitized and invests primarily in Grupo Cibest common and preferred shares together with a small amount of cash. Vatnick has no voting or investment discretion over the fund’s assets. The Units were credited pursuant to a voluntary cash contribution, are not purchased at a fixed or negotiated price, have no expiration date, and are payable solely in cash based on fund value at withdrawal. On August 20, 2026, the price of a Unit was COP 29,733.504428, approximately $9.73 using a COP 3,053.48 per $1 conversion rate.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Units in Grupo Cibest Equity Securities Fund F1, F2 | 444.61 | $9.73 | $4K |
Footnotes (2)
- 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 August 20, 2026 was COP 29,733.504428 equal to approximately $9.73 per Unit using a conversion rate of COP 3,053.48 per $1.
- F2. The instrument has no expiration date.
Key Figures
Key Terms
institutional voluntary pension fund financial
unitized financial
investment discretion financial
economically attributable financial
conversion rate financial
FAQ
What insider transaction did CIB director Silvina Vatnick report on August 20, 2026?
What was the value of a Grupo Cibest Equity Securities Fund Unit on August 20, 2026?
Do the reported CIB pension fund Units have an expiration date?
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