4Filed Aug 20, 8:00 PM ET
CRESUD (CRESY) Director Fernando Elsztain Sells 10,000 Shares
$CRESY · CRESUD INCResearch 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), disposed of 10,000 ordinary shares in an open-market/private sale on August 20, 2026. The reported U.S. dollar equivalent price was $1.10 per share, for a total proceeds of about $11,000. The filing was submitted to the SEC on August 21, 2026.
Key Details
- Transaction date and price: 2026-08-20, sale of 10,000 shares at USD 1.10 per share (total ≈ $11,000).
- Reported currency conversion: The $1.10 USD price is the USD equivalent of ARS 1,733.26 per ordinary share based on an implied exchange rate of 1,579.23 ARS = 1 USD and a 10 ordinary shares : 1 ADS ratio (Footnote F1).
- Shares owned after transaction: Not specified in the provided filing summary.
- Filing timeliness: Report filed the next day (Aug 21, 2026); no late filing indicated.
- Transaction code: S (sale/disposition).
Context
This was a direct sale (disposition) by a company director. Sales are common insider activity and do not, by themselves, indicate management’s view of the company’s prospects—purchases are generally considered more informative. No options, awards, gifts, or tax-withholding events were reported in this transaction.