Martin Mauricio Alejandro 4

What Happened

• Martin Mauricio Alejandro, Midstream & Downstream Executive Vice President and a director at YPF Sociedad Anónima (YPF), sold a total of 3,430 YPF shares in two open-market/private sales on March 25, 2026. He disposed of 2,130 shares at $44.21 each (≈ $94,167) and 1,300 shares at $42.60 each (≈ $55,380), for combined proceeds of approximately $149,547. These were sales (not purchases or option exercises).

Key Details

• Transaction dates and prices:
  • 2026-03-25: 2,130 shares sold at $44.21 per share (≈ $94,167)
  • 2026-03-25: 1,300 shares sold at $42.60 per share (≈ $55,380)
  • Total sold: 3,430 shares for ≈ $149,547
• Type: Reported as open-market or private sale (code "S").
• Shares owned after transaction: Not specified in the excerpt provided.
• Footnote: The trades were executed in Argentine pesos at AR$61,900.31 per share; the filing converted the amount to U.S. dollars using the Banco de la Nación Argentina rate of US$1.00 = AR$1,400, yielding the reported USD prices (e.g., AR$61,900.31 ≈ $44.21).
• Filing timeliness: Form 4 was filed on 2026-03-27 for a 2026-03-25 trade — within the usual two-business-day reporting window; the filing is not marked late.

Context

• Sales by executives can reflect routine liquidity, portfolio rebalancing, tax planning, or other personal reasons; they are not definitive indicators of company prospects. Because this transaction is a sale (not a purchase), it is less informative about insider bullishness.
• Multiple sale prices on the same date typically reflect separate trades executed at different market prices or in different execution venues; the footnote clarifies the local-currency price and the USD conversion used for reporting.