Grupo Cibest (CIB) director updates reported pension fund derivative holdings
Rhea-AI Filing Summary
Grupo Cibest S.A. director Vatnick Silvina reported indirect holdings of 22,745.7488 units in a Grupo Cibest equity securities pension fund. The Form 3/A amends the original Form 3 to correct a previously reported derivative holdings figure of 23,863.0241 units that was attributed to a clerical error. The units are held in an institutional voluntary pension fund where the director has no voting or investment discretion, and any amounts are payable solely in cash based on the fund’s asset 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 |
|---|---|---|---|---|
| holding | Units in Grupo Cibest Equity Securities Fund | -- | -- | -- |
Holdings After Transaction:
Units in Grupo Cibest Equity Securities Fund — 22,745.7488 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 a third-party manager. The fund is unitized and invests primarily in Grupo Cibest common and preferred shares, together with a small amount of liquid assets and cash. The reporting person does not have voting or investment discretion with respect to the assets held by the fund, and the issuer has determined the strategic asset allocation of the fund. Amounts attributable to the reported units are payable solely in cash upon withdrawal determined by reference to the value of the underlying fund assets on the date of withdrawal.
- F2. The instrument has no expiration date
- F3. The Form 3/A amends the Form 3 filed on March 18, 2026, to correct the number of derivative securities beneficially owned that was previously reported as 23,863.0241 due to a clerical error.
Key Figures
Indirect pension fund units: 22,745.7488 units
Previously reported units (incorrect): 23,863.0241 units
Exercise price: 0.0000
+1 more
4 metrics
Indirect pension fund units
22,745.7488 units
Units in Grupo Cibest Equity Securities Fund held indirectly
Previously reported units (incorrect)
23,863.0241 units
Derivative securities figure corrected due to clerical error
Exercise price
0.0000
Exercise or conversion price of reported derivative units
Underlying shares
22,745.7488 shares
Underlying common and preferred shares referenced by units
Key Terms
institutional voluntary pension fund, unitized, beneficially owned, strategic asset allocation, +1 more
5 terms
institutional voluntary pension fund financial
"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"
beneficially owned financial
"to correct the number of derivative securities beneficially owned that was previously reported"
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.
strategic asset allocation financial
"the issuer has determined the strategic asset allocation of the fund"
Strategic asset allocation is a long-term plan that sets target percentages of a portfolio to different asset types — like stocks, bonds, and cash — based on an investor’s goals, time horizon and tolerance for risk. Think of it as a financial roadmap or recipe that determines the portfolio’s expected return and volatility over time; staying close to the plan helps investors avoid emotional, short-term trading that can hurt long-run performance.
underlying fund assets financial
"determined by reference to the value of the underlying fund assets on the date of withdrawal"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Grupo Cibest (CIB) disclose in this Form 3/A amendment?
Grupo Cibest’s Form 3/A corrects the number of derivative securities attributed to director Vatnick Silvina. It now shows 22,745.7488 pension fund units, replacing a previously reported 23,863.0241 units that were overstated due to a clerical error.
How many Grupo Cibest pension fund units does the director report holding?
The director reports holding 22,745.7488 units in the Grupo Cibest Equity Securities Fund. These units represent an indirect interest in a fund that mainly invests in Grupo Cibest common and preferred shares, plus a small allocation to liquid assets and cash.
What error is corrected by Grupo Cibest (CIB) in this Form 3/A?
The amendment corrects the number of derivative securities beneficially owned that was previously reported as 23,863.0241 units. The company states this higher figure resulted from a clerical error and replaces it with the accurate 22,745.7488 units held indirectly.
Does the Grupo Cibest director control the pension fund investments?
The director does not have voting or investment discretion over the fund’s assets. The institutional voluntary pension fund is sponsored by Grupo Cibest, administered by a third-party manager, and the issuer determines the strategic asset allocation for the underlying investments.
How are amounts from the Grupo Cibest pension fund units paid to the director?
Amounts attributable to the reported units are payable solely in cash upon withdrawal. The cash value is determined by reference to the value of the underlying fund assets on the withdrawal date, rather than by direct delivery of Grupo Cibest shares.
Does the reported Grupo Cibest pension fund instrument have an expiration date?
The filing notes that the instrument has no expiration date. This means the director’s indirect interest in the voluntary pension fund continues without a fixed maturity, subject to withdrawals that are valued based on the fund’s underlying assets.