May 12, 2026 · Form 4 insider transaction
ELSZTAIN EDUARDO S bought 13,010,290 shares of IRSA Inversiones y Representaciones Sociedad Anónima, a transaction worth N/A. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 31 days after the transaction.
The Reporting Person received 13,010,290 common shares as a result of the cashless exercise of 9,710,622 warrants executed by Cresud S.A.C.I.F. y A. The cashless exercise ratio (1.3398) was determined in accordance with the notice filed by Caja de Valores S.A. (CVSA) in Argentina on May 11, 2026.; Indirect ownership through CRESUD S.A,C,I,F y A. (39,12% equity interest). The reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.