Director at CRESUD (NASDAQ: CRESY) buys 17,833 ADS in open trades

Filing Impact

(Moderate)

Filing Sentiment

(Positive)

Form Type

Rhea-AI Filing Summary

CRESUD INC director Alejandro Gustavo Elsztain reported buying additional American Depositary Shares in the company. He made three open-market purchases totaling 17,833 ADS on April 22–23 at prices around $11.20–$11.2494 per ADS. Following these trades, he directly owns 1,207,564 ADS, indicating a modest increase in his personal stake.

Insider Trade Summary

Net Buyer: 17,833 shares ($200,170)

Net Buy 3 txns

Insider Elsztain Alejandro Gustavo

Role null

Bought 17,833 shs ($200K)

Type	Security	Shares	Price	Value
Purchase	American Depositary Shares (ADS)	4,458	$11.20	$50K
Purchase	American Depositary Shares (ADS)	8,917	$11.2494	$100K
Purchase	American Depositary Shares (ADS)	4,458	$11.20	$50K

Holdings After Transaction: American Depositary Shares (ADS) — 1,207,564 shares (Direct, null)

Footnotes (1)

Key Figures

Total ADS purchased: 17,833 ADS Purchase price (first two trades): $11.20 per ADS Purchase price (third trade): $11.2494 per ADS +2 more

5 metrics

Total ADS purchased 17,833 ADS Open-market buys disclosed on April 22–23

Purchase price (first two trades) $11.20 per ADS Two purchases of 4,458 ADS each

Purchase price (third trade) $11.2494 per ADS Single purchase of 8,917 ADS on April 22

Holdings after final trade 1,207,564 ADS Direct ownership following April 23 transaction

Number of buy transactions 3 transactions All coded as open-market purchases (P)

Key Terms

American Depositary Shares (ADS), open-market purchase, Form 4

3 terms

American Depositary Shares (ADS) financial

"He made three open-market purchases totaling 17,833 ADS on April 22–23."

American depositary shares (ADS) are a way for investors in the United States to buy shares of foreign companies without dealing with the complexities of international markets. They represent ownership in a foreign company's stock and are traded on U.S. exchanges, making it easier and more convenient for Americans to invest internationally. ADSs allow investors to diversify their portfolios with foreign companies while using familiar trading platforms.

open-market purchase financial

"He made three open-market purchases totaling 17,833 ADS on April 22–23."

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Form 4 regulatory

"Transactions were disclosed in a Form 4 insider filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

04/24/2026 - 08:10 PM

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^*

Elsztain Alejandro Gustavo

(Last)

(First)

(Middle)

CARLOS DELLA PAOLERA 261, 9TH FLOOR

(Street)

BUENOS AIRES

C1001ADA

(City)

(State)

(Zip)

ARGENTINA

(Country)

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

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
[CRES]

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
American Depositary Shares (ADS)	04/22/2026		P		8,917	A	$11.2494	1,198,648	D
American Depositary Shares (ADS)	04/22/2026		P		4,458	A	$11.2	1,203,206	D
American Depositary Shares (ADS)	04/23/2026		P		4,458	A	$11.2	1,207,564	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

	/s/Amalia Cristina Sternheim by POA for Alejandro Gustavo Elsztain	04/24/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did CRESUD (CRESY) report for Alejandro Gustavo Elsztain?

CRESUD reported that director Alejandro Gustavo Elsztain bought 17,833 American Depositary Shares in open-market transactions. The purchases occurred over two days and increased his direct ownership stake in the company’s ADSs.

How many CRESUD ADS did Alejandro Gustavo Elsztain buy and at what prices?

Alejandro Gustavo Elsztain bought 17,833 CRESUD American Depositary Shares in three open-market trades. The reported purchase prices were about $11.20 and $11.2494 per ADS, based on transactions disclosed for April 22 and April 23.

What is Alejandro Gustavo Elsztain’s CRESUD ADS holdings after these purchases?

After these transactions, Alejandro Gustavo Elsztain directly holds 1,207,564 CRESUD American Depositary Shares. This total reflects his position following the final reported open-market purchase on April 23, as disclosed in the insider filing.

Over how many days did the recent CRESUD insider ADS purchases take place?

The recent insider ADS purchases by Alejandro Gustavo Elsztain took place over two days. Transactions were reported for April 22 and April 23, with multiple open-market buys executed across those dates according to the Form 4 disclosure.

What type of CRESUD security did Alejandro Gustavo Elsztain purchase?

Alejandro Gustavo Elsztain purchased CRESUD American Depositary Shares, or ADS. These ADSs represent the company’s equity for investors trading in U.S. markets and were acquired through open-market transactions at prices slightly above $11 per ADS.