IRSA (NYSE: IRS) holder plans Rule 144 sale of 5.51M shares

Rhea-AI Filing Summary

IRSA Inversiones y Representaciones S.A. has a shareholder who filed a Form 144 notice covering the potential sale of up to 5,510,147 common shares through broker Latin Securities Argentina S.A. on the BYMA exchange around 12/10/2025. The filing lists an aggregate market value for these shares of 8,773,997, compared with 861,199,098 common shares outstanding. It also details how the shares were originally acquired, including a large negotiated private transaction in 2020, open market purchases in 2021–2022, shares received via a merger completed in 2022, and dividend distributions in kind during 2023 and 2024. The signer represents that they are not aware of undisclosed material adverse information about the issuer.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common shares	Latin Securities Argentina S.A. Arenales 707 Buenos Aires C1 C1006	5510147	8773997	861199098	12/10/2025	BYMA

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common shares	12/30/2020	Negotiated, private transaction	IRSA / Consultores Venture Capital			1226991	12/30/2020	NA
Common shares	05/06/2021	Open Market purchases	NA			327051	05/06/2021	Cash
Common shares	05/10/2021	Open Market purchases	NA			18127	05/10/2021	Cash
Common shares	10/27/2021	Open Market purchases	NA			679	10/27/2021	Cash
Common shares	10/28/2021	Open Market purchases	NA			200	10/28/2021	Cash
Common shares	11/18/2021	Open Market purchases	NA			1000	11/18/2021	Cash
Common shares	11/30/2021	Open Market purchases	NA			972	11/30/2021	Cash
Common shares	12/01/2021	Open Market purchases	NA			1862	12/01/2021	Cash
Common shares	12/15/2021	Open Market purchases	NA			3000	12/15/2021	Cash
Common shares	12/30/2021	Open Market purchases	NA			1100	12/30/2021	Cash
Common shares	01/24/2022	Open Market purchases	NA			3401	01/24/2022	Cash
Common shares	01/25/2022	Open Market purchases	NA			2000	01/25/2022	Cash
Common shares	02/16/2022	Open Market purchases	NA			3000	02/16/2022	Cash
Common shares	02/24/2022	Open Market purchases	NA			4000	02/24/2022	Cash
Common shares	04/20/2022	Open Market purchases	NA			1686	04/20/2022	Cash
Common shares	04/21/2022	Open Market purchases	NA			4605	04/21/2022	Cash
Common shares	05/30/2022	Acquired pursuant to the merger of IRSA (as merging company) and IRCP	NA			3607233	05/30/2022	NA
Common shares	10/12/2023	Distribution of dividends in kind	IRSA Inversiones y Representaciones S.A.			111700	10/12/2023	NA
Common shares	11/05/2024	Distribution of dividends in kind	IRSA Inversiones y Representaciones S.A.			191540	11/05/2024	NA

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the IRSA (IRS) Form 144 filing report?

The Form 144 reports that a shareholder of IRSA Inversiones y Representaciones S.A. may sell up to 5,510,147 common shares under Rule 144, using broker Latin Securities Argentina S.A. on the BYMA exchange.

How many IRSA (IRS) shares are covered by this planned Rule 144 sale?

The notice covers a potential sale of up to 5,510,147 common shares with an aggregate market value of 8,773,997, compared with 861,199,098 common shares outstanding at the time stated.

When is the IRSA (IRS) shareholder planning to sell the shares in this Form 144?

The filing states an approximate date of sale of 12/10/2025 for the potential disposition of the 5,510,147 common shares on the BYMA exchange.

Which broker and exchange are listed for the IRSA (IRS) Form 144 sale?

The Form 144 identifies Latin Securities Argentina S.A. as the broker and BYMA (Bolsas y Mercados Argentinos) as the securities exchange for the planned sale of the common shares.

How did the IRSA (IRS) shareholder originally acquire the shares being sold?

The filing shows the common shares were acquired through a negotiated private transaction in 2020, multiple open market purchases in 2021–2022, shares received via the IRSA–IRCP merger in 2022, and dividends in kind distributed in 2023 and 2024.

Does the IRSA (IRS) Form 144 include any representation about undisclosed information?

Yes. By signing the notice, the person for whose account the securities may be sold represents that they do not know any material adverse information about IRSA’s current or prospective operations that has not been publicly disclosed.