YPF VP Deleonardis Receives 99,998-Share Award; 34,999 Withheld

What Happened

• Lisandro Deleonardis, Vice-President of Public Affairs at YPF S.A., received a long-term incentive award of 99,998 shares on 2026-08-31 (transaction code A). The award is reported at $7,983.00 per share for a total value of $798,284,034.
• To cover tax withholding related to the award (transaction code F), 34,999 shares were surrendered on the same date at $7,983.00 per share, valued at $279,397,017.
• Net result from these entries: Deleonardis retained 64,999 shares from the vesting event (99,998 awarded minus 34,999 withheld), with a net value retained of $518,887,017.

Key Details

• Transaction date: 2026-08-31; filing date: 2026-09-02 (appears timely for a Form 4 reporting vesting).
• Price reported: $7,983.00 per share for both the award and the shares withheld.
• Shares awarded: 99,998 (A). Shares disposed for tax withholding: 34,999 (F).
• Net shares retained from this event: +64,999.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 — figures reflect a 10-for-1 stock split effective Aug 4, 2026. F2 — 34,999-share disposal was to satisfy tax withholding from the vested long-term incentive award (Programa de Retribucion a Largo Plazo).
• Transaction codes: A = Award/Grant (acquisition); F = Payment of tax liability / withholding.

Context

• This was a vesting of an incentive share award, not an open-market purchase or sale. The withholding of shares to cover taxes is a routine administrative step and does not by itself indicate a change in the insider's market view.
• For retail investors, award vestings signal compensation-related inflows of shares but are not the same as an insider buying or selling for investment reasons.