Fernando Adrian Elsztain, a director of Cresud Inc., filed a Form 4 on August 26, 2026, disclosing the sale of 10,000 common shares on August 24, 2026, at a price of $1.05 per share.

Key Highlights

  • Reporting person: Fernando Adrian Elsztain, listed as a Director of Cresud Inc. (NASDAQ:CRESY)
  • Transaction date: August 24, 2026
  • Shares disposed: 10,000 common shares sold (transaction code S)
  • Price per share: $1.05 USD, equivalent to ARS 1,671.06 per ordinary share
  • Beneficial ownership following transaction: 615,736 common shares held directly
  • Exchange rate used: 1,587.77 ARS per 1.00 USD, derived from ADS and BYMA closing prices on August 24, 2026

Elsztain's Share Sale and Ownership Position at Cresud Inc.

According to the filing, Fernando Adrian Elsztain disposed of 10,000 common shares of Cresud Inc. on August 24, 2026. The Form 4 was signed by Amalia Cristina Sternheim by power of attorney for Elsztain and submitted to the SEC on August 26, 2026. Elsztain is identified in the filing as a Director of the issuer and holds a direct ownership position in the shares.

The filing discloses that the reported price of $1.05 per ordinary share represents the U.S. Dollar equivalent of ARS 1,671.06 per ordinary share. According to the filing's explanation of responses, this equivalent "is calculated based on an implied exchange rate of 1,587.77 ARS per 1.00 USD," which "is derived from the closing price of the Issuer's American Depositary Shares (ADS) on the NYSE on August 24, 2026, relative to the closing price of the underlying ordinary shares on the Bolsas y Mercados Argentinos (BYMA), adjusting for the ratio of 10 ordinary shares per 1 ADS."

Following the reported transaction, the filing states that Elsztain directly holds 615,736 common shares. No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person and is not noted as an amendment to a prior filing.

What Was Disclosed

The filing reports a single sale of 10,000 Cresud Inc. common shares by Director Fernando Adrian Elsztain on August 24, 2026, at $1.05 per share (ARS 1,671.06), leaving him with 615,736 directly held shares.