CRESUD Inc. (CRESY) director discloses large Common and ADS stake

Rhea-AI Filing Summary

CRESUD INC director Alejandro Gustavo Elsztain filed an initial ownership report showing sizeable direct holdings in the company. As of 2026-03-18, he reported 7,428,734 Common Shares and 1,189,731 American Depositary Shares (ADS) held directly. The filing lists holdings only and does not report new purchases or sales.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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

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1. Name and Address of Reporting Person^*

Elsztain Alejandro Gustavo

(Last) (First) (Middle)

CARLOS DELLA PAOLERA 261

9TH FLOOR

(Street)

BUENOS AIRES BUENOS AIRES C1001 ADA

(City) (State) (Zip)

ARGENTINA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
CRESUD INC [ CRESY ]

3a. Foreign Trading Symbol
[CRES]

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

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

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

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares	7,428,734	D
American Depositary Shares (ADS)	1,189,731	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	/s/Amalia Cristina Sternheim by POA for Alejandro Gustavo Elsztain	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does the CRESUD INC (CRESY) Form 3 filing show?

The Form 3 shows director Alejandro Gustavo Elsztain’s existing equity stake in CRESUD INC. He reports holding 7,428,734 Common Shares and 1,189,731 American Depositary Shares (ADS), establishing his baseline ownership position as of March 18, 2026 for regulatory disclosure purposes.

Did Alejandro Gustavo Elsztain buy or sell CRESUD (CRESY) shares in this Form 3?

The Form 3 does not report any new purchases or sales. It is an initial beneficial ownership statement listing existing holdings: 7,428,734 Common Shares and 1,189,731 ADS. The transactions are coded as holdings only, with no buy or sell activity disclosed.

How many CRESUD INC Common Shares does the director report owning?

Alejandro Gustavo Elsztain reports direct ownership of 7,428,734 CRESUD INC Common Shares. This figure reflects his total Common Share holdings following the reported date of March 18, 2026, and serves as his baseline equity position in the company under SEC disclosure rules.

What are the reported American Depositary Share (ADS) holdings for CRESUD (CRESY)?

The director reports holding 1,189,731 American Depositary Shares (ADS) of CRESUD INC. These ADS holdings are listed as directly owned, alongside his Common Share position, providing a complete view of his disclosed equity stake as of March 18, 2026 in this filing.

Why is CRESUD director Alejandro Elsztain filing a Form 3 with the SEC?

Form 3 is required when someone becomes an insider, such as a director, of a U.S.-listed company. This filing records Alejandro Gustavo Elsztain’s initial beneficial ownership in CRESUD INC, detailing his Common Share and ADS holdings for transparency and regulatory compliance.