4Filed Aug 25, 8:00 PM ET

CRESUD (CRESY) Director Fernando Elsztain Sells 10,000 Shares

$CRESY · CRESUD INC

Research Summary

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CRESUD (CRESY) Director Fernando Elsztain Sells 10,000 Shares

What Happened
Fernando Adrian Elsztain, a director of CRESUD Inc. (CRESY), sold 10,000 ordinary shares on August 24, 2026. The filing reports a USD-equivalent price of $1.05 per share, for a total proceeds of approximately $10,500. The transaction is reported as an open market or private sale (code S).

Key Details

  • Transaction date: 2026-08-24. Form 4 filed: 2026-08-26 (appears timely under the SEC 2-business-day rule).
  • Shares sold: 10,000; reported price: $1.05 per share (USD equivalent); total value: ~$10,500.
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Footnote (F1): The $1.05 price is a USD equivalent of ARS 1,671.06 per ordinary share, calculated using an implied exchange rate of ARS 1,587.77 per USD and an ADS ratio of 10 ordinary shares per 1 ADS.
  • Transaction code: S (Sale).

Context
This is a routine insider sale and, by itself, does not indicate management’s view of long-term company prospects. The dollar amount is relatively small (~$10.5K). Purchases by insiders typically carry more weight for signaling than routine dispositions.