YPF EVP Matias Farina Receives Share Award (Taxes Withheld)

What Happened

• Matias Osvaldo Farina, Upstream Executive Vice President of YPF S.A., was granted a long-term incentive award of 190,671 shares on 2026-08-31 (code A), valued at $7,983.00 per share for a total of $1,522,126,593. On the same date, 66,735 shares were surrendered/treated as disposed to cover tax withholding obligations (code F) at the same per-share price, totaling $532,745,505.
• The award is part of YPF’s Long-Term Incentive Share Award (Programa de Retribucion a Largo Plazo). The withholding transaction is a routine tax-payment action and not an open-market sale.

Key Details

• Transaction date: 2026-08-31; per-share price reported: $7,983.00.
• Award received: 190,671 shares (Total value reported: $1,522,126,593).
• Shares withheld for taxes: 66,735 shares (Value reported: $532,745,505).
• Footnotes: F1 — figures reflect a 10-for-1 stock split effective Aug 4, 2026. F2 — withholding relates to vesting under the Long-Term Incentive Share Award plan.
• Filing: Report filed 2026-09-02 (appears to be filed promptly after the 8/31 transaction). The Form 4 did not disclose total shares beneficially owned after these transactions in the summary provided.

Context

• This was an equity award vesting event, not an open-market purchase. The tax-withholding (F) is effectively a surrender/disposition of shares to cover taxes due on vesting — a common administrative action and not necessarily a signal of sentiment.
• For retail investors: awards increase insider stake on paper but withheld shares reduce net received shares; such entries are routine reporting of compensation and tax settlements rather than active buying or selling for investment purposes.