Elsztain Alejandro Gustavo 4

What Happened

• Director Elsztain Alejandro Gustavo made a series of open-market purchases of BrasilAgro (LND) common stock between 2026-05-19 and 2026-05-22. He acquired 13,500 shares on each of four days (total 54,000 shares) at prices from $3.74 to $3.82, for aggregate proceeds of $204,610 (~$3.79 average price).
• These transactions are purchases (transaction code P), which are often watched as a more direct indicator of insider buying than sales; they do not, however, reveal the insider’s motive.

Key Details

• Transaction dates and prices:
  • 2026-05-19: 13,500 shares @ $3.74 = $50,493
  • 2026-05-20: 13,500 shares @ $3.79 = $51,219
  • 2026-05-21: 13,500 shares @ $3.82 = $51,586
  • 2026-05-22: 13,500 shares @ $3.80 = $51,312
• Total acquired: 54,000 shares for $204,610; average price ≈ $3.79/share.
• Shares owned after the transactions: not specified in the provided Form 4 excerpt.
• No footnotes such as a 10b5-1 plan or tax-withholding were provided in the supplied data.
• Filing: Form 4 was filed on 2026-05-22 covering trades dated 5/19–5/22; no late-filing flag is indicated in the information supplied.

Context

• Transaction code P = open-market purchase. Insider purchases can be meaningful to investors as they represent the insider deploying personal capital into company stock, but they should be considered with broader information (company fundamentals, market conditions, portfolio size).
• The total value here (~$205k) is modest in absolute terms for institutional/insider activity; treat as a data point rather than a standalone endorsement.