Director Silvina Vatnick filed a Form 4 with the SEC on October 27, 2026, disclosing a disposition of 1,429.05 units in the Grupo Cibest Equity Securities Fund on October 23, 2026.

Key Highlights

  • Reporting person: Silvina Vatnick, a Director of Grupo Cibest S.A. (NYSE:CIB), filed as an individual.
  • Transaction: Disposition (transaction code D) of 1,429.05 units in the Grupo Cibest Equity Securities Fund on October 23, 2026.
  • Unit price: COP 31,708.501 per unit, approximately $9.95 per unit using a conversion rate of COP 3,185.01 per $1.
  • Remaining holdings: 18,849.76 units in the Director Voluntary Pension Fund held indirectly following the transaction.
  • Cash settlement: According to the filing, the declared units were paid exclusively in cash, based on the value of the fund on October 23, 2026.
  • No discretion: The filing states the reporting person does not have voting or investment discretion with respect to the assets held by the fund.

Vatnick's Pension Fund Unit Disposition at Grupo Cibest

According to the Form 4 filed on October 27, 2026, Silvina Vatnick, a Director of Grupo Cibest S.A. (NYSE:CIB), disposed of 1,429.05 units in the Grupo Cibest Equity Securities Fund on October 23, 2026. The filing was signed by Maria Fernanda Valencia Tafur as attorney-in-fact for Silvina Graciela Vatnick.

The filing explains that the reported securities represent units held in an institutional voluntary pension fund sponsored by the issuer and administered by an independent third-party manager. According to the filing, the fund "invests primarily in Grupo Cibest common and preferred shares, together with a small amount of cash." The disposition was settled exclusively in cash at a unit price of COP 31,708.501, which the filing states is approximately $9.95 per unit using a conversion rate of COP 3,185.01 per $1.

Following the reported transaction, the filing indicates Vatnick indirectly holds 18,849.76 units in the Director Voluntary Pension Fund. The filing notes that the underlying instrument has no expiration date, and that Vatnick does not have voting or investment discretion with respect to the assets held by the fund.

What Was Disclosed

Director Silvina Vatnick disclosed a disposition of 1,429.05 pension fund units in Grupo Cibest S.A. on October 23, 2026, settled in cash at approximately $9.95 per unit, with 18,849.76 units remaining held indirectly following the transaction.