Cresud (NASDAQ: CRESY) director reports 6.3M shares and 317,720 ADS
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
CRESUD INC director Saul Zang has filed an initial Form 3 reporting his ownership in the company. He reports direct beneficial ownership of 6,331,895 Common Shares of Cresud Inc and 317,720 American Depositary Shares (ADS) as of the reported date. This Form 3 does not show any recent purchases or sales; it establishes a baseline of his existing holdings as a company insider.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zang Saul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Shares | -- | -- | -- |
| holding | American Depositary Shares (ADS) | -- | -- | -- |
Holdings After Transaction:
Common Shares — 6,331,895 shares (Direct);
American Depositary Shares (ADS) — 317,720 shares (Direct)
Footnotes (1)
FAQ
What does the Form 3 for CRESUD INC (CRESY) report for Saul Zang?
Saul Zang’s Form 3 reports his existing Cresud holdings. He discloses direct beneficial ownership of common shares and ADSs, establishing a baseline position as a director, with no explicit buys or sells indicated in this initial ownership statement.
Does Saul Zang’s CRESUD INC Form 3 show any insider buying or selling?
No, the Form 3 shows holdings, not new transactions. The entries are categorized as holdings, with no transaction codes indicating purchases or sales, so it functions as a snapshot of his existing ownership rather than recent trading activity.
What is the significance of a Form 3 filing for CRESUD INC insiders like Saul Zang?
Form 3 is the initial statement of beneficial ownership. It is filed when someone becomes an insider, such as a director, and discloses how many securities they already own, helping investors understand baseline insider stakes in the company.