# IRSA Inversiones y Representaciones S.A. Global Depositary Shares (IRS) insider trading

> In the 12 months to Nov 7, 2026, 3 IRS insiders reported open-market sales of $64.8M across 3 filings; no open-market purchases were filed.

Canonical: https://massive.com/quote/irs/insider-trading
Latest filing: 2026-11-06 (last 12 months; source: SEC EDGAR)
Source: Massive (https://massive.com/docs/llms.txt)

## Summary

| Measure | Value | Detail |
| --- | --- | --- |
| Open-market sales | $64.8M | 3 filings · 3 insiders |
| Open-market purchases | $0 | 0 filings |

## Open-market trades by insider

| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
| --- | --- | --- | --- | --- | --- | --- |
| Eduardo S. Elsztain | Director | $64.8M | — | 1 | — | 2026-03-19 |
| Jorge Alberto Cruces | Chief Investment Officer | $38.1K | — | 1 | — | 2026-06-30 |
| Fernando Adrian Elsztain | Director | $9.3K | — | 1 | — | 2026-07-30 |

## Open-market trades by filing

3 filings in the last 12 months, newest first.

| Filed | Traded | Insider | Role | Type | Shares | Avg price | Value | Held after | Filing |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-07-30 | 2026-04-09 | Fernando Adrian Elsztain | Director | Sale | 5,524 | $1.69 | $9.3K | 0 | — |
| 2026-06-30 | 2026-06-30 | Jorge Alberto Cruces | Chief Investment Officer | Sale | 24,913 | $1.53 | $38.1K | 0 | — |
| 2026-03-19 | 2026-03-18 | Eduardo S. Elsztain | Director | Sale | 30,428 | $2,129.06 | $64.8M | 4,457,258 | — |

## Other insider activity (not market trades)

- Option exercises: 1 record
- Gifts: 1 record
- Other: 7 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

## How to read this page

- **Open-market purchase or sale**: A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- **Filing date**: Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.

## FAQ

### How current is IRS’s insider data?

These are IRS Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

### What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

## Live data

This page joins two Massive endpoints: Form 4 filings and daily prices. The IRS Form 4 request:

- `GET https://api.massive.com/stocks/filings/vX/form-4?tickers=IRS&filing_date.gte=2025-11-07&sort=filing_date.desc&limit=500`

Requests need a Massive API key. API reference for agents: https://massive.com/docs/llms.txt. Connect an AI agent through the Massive MCP server: https://massive.com/docs/ai-tools.

## Related

- [IRSA Inversiones y Representaciones S.A. Global Depositary Shares (IRS) stock price](https://massive.com/quote/irs.md)
- [Recent insider trading](https://massive.com/quote/insider-trading.md)
- [Markets overview](https://massive.com/quote/index.md)

Nothing here is investment advice. Data and content are provided for informational purposes under the Massive Terms of Service: https://massive.com/terms