YPF Reserves Auditor B. Carlos Alejandro Receives 33,105 Shares

What Happened
Berto Carlos Alejandro, YPF S.A.'s Reserves Auditor, was awarded 33,105 shares (transaction code A) on 2026-08-31 at a reported price of $7,983.00 per share (total value $264,277,215). To cover tax withholding related to the award (transaction code F), 11,587 of those shares were surrendered/disposed at the same per-share price for $92,499,021. Net result: Alejandro retained 21,518 shares from the vesting event. This was an equity award (compensation) with a tax-withholding disposition, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-31; Form 4 filed 2026-09-02.
• Award: 33,105 shares @ $7,983.00 = $264,277,215 (code A).
• Tax withholding: 11,587 shares @ $7,983.00 = $92,499,021 (code F).
• Net shares retained from the event: 21,518 shares.
• Footnotes: F1 — reported shareholdings reflect a 10-for-1 stock split effective Aug 4, 2026; F2 — the withholding relates to vesting under YPF’s Long‑Term Incentive Share Award program.
• This filing reports an award and withholding (compensation-related), not a market sale; no late-filing indication in the record.

Context
This was a routine vesting of long-term incentive shares with a portion withheld to satisfy tax obligations (a common practice). Such awards represent compensation rather than a buy/sell decision by the insider and therefore are not a direct bullish or bearish signal about the insider’s view of the stock. Transaction codes: A = Award/Grant; F = Payment of tax withholding.