Adecoagro (AGRO) director logs open-market sale, retains 21,561 shares

Rhea-AI Filing Summary

Adecoagro S.A. director Ivo Sarjanovic reported an open-market sale of common shares. On April 21, 2026, he sold 1,163 common shares at $13.034 per share.

After this transaction, he directly holds 21,561 Adecoagro common shares. The sale represents a minor portion of his overall reported direct position and there are no remaining derivative positions disclosed in this filing.

Insider Trade Summary

Net Seller: 1,163 shares ($15,159)

Net Sell 1 txn

Insider Sarjanovic Ivo

Role null

Sold 1,163 shs ($15K)

Type	Security	Shares	Price	Value
Sale	Common shares	1,163	$13.034	$15K

Holdings After Transaction: Common shares — 21,561 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 1,163 shares Sale price per share: $13.034 per share Shares held after transaction: 21,561 shares +1 more

4 metrics

Shares sold 1,163 shares Open-market sale on April 21, 2026

Sale price per share $13.034 per share Common shares sale by director

Shares held after transaction 21,561 shares Direct ownership after sale

Net share change -1,163 shares Net-sell direction in transactionSummary

Key Terms

open-market sale, non-derivative, transaction code "S", Common shares, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type: "non-derivative" for the common shares trade"

transaction code "S" financial

"transaction_code: "S" with description "Sale in open market or private transaction""

Common shares financial

"security_title: "Common shares" sold by the director"

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

derivativeSummary financial

"derivativeSummary: [] indicating no reported derivative positions"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sarjanovic Ivo

(Last) (First) (Middle)

28 BOULEVARD F.W. RAIFFEISEN

(Street)

LUXEMBOURG L-2411

(City) (State) (Zip)

LUXEMBOURG

(Country)

2. Issuer Name and Ticker or Trading Symbol
Adecoagro S.A. [ AGRO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol
[AGRO]

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common shares	04/21/2026		S		1,163	D	$13.034	21,561	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

The Insider sold the shares in order to cover tax obligations relating to the grant of his restricted shares.

	/s/ Ezequiel Torres, as attorney-in-fact	04/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Adecoagro (AGRO) disclose in this Form 4?

Adecoagro disclosed that director Ivo Sarjanovic executed an open-market sale of the company’s common shares. The Form 4 details the number of shares sold, the sale price per share, and his direct share ownership following the transaction.

How many Adecoagro (AGRO) shares did Ivo Sarjanovic sell and at what price?

Director Ivo Sarjanovic sold 1,163 common shares of Adecoagro at a price of $13.034 per share. The Form 4 characterizes this as an open-market sale of non-derivative securities, meaning regular common stock transactions.

How many Adecoagro (AGRO) shares does Ivo Sarjanovic hold after the reported sale?

Following the reported transaction, Ivo Sarjanovic directly holds 21,561 Adecoagro common shares. This figure reflects his direct ownership after selling 1,163 shares and helps investors gauge the remaining size of his reported position in the company.

What does transaction code "S" mean in the Adecoagro (AGRO) Form 4 filing?

Transaction code “S” in the Form 4 indicates a sale in the open market or private transaction. In this filing, it confirms that the reported trade by director Ivo Sarjanovic was a standard sale of Adecoagro common shares rather than a derivative exercise.

Does the Adecoagro (AGRO) Form 4 include any derivative security transactions?

No derivative transactions are listed; the Form 4 shows only a non-derivative transaction in Adecoagro common shares. The derivativeSummary section is empty, indicating no options, warrants, or other derivative securities are reported in this specific filing.