YPF EVP Santiago Martinez Tanoira Receives Share Award

What Happened

• Santiago Martinez Tanoira, EVP LNG & Integrated Gas at YPF S.A., had 155,594 shares issued to him as an award on August 31, 2026 (transaction code A) at $7,983.00 per share (total value reported $1,242,106,902).
• On the same date, 54,458 shares were surrendered/withheld to cover tax liabilities (transaction code F) at the same per-share amount (total $434,738,214), resulting in a net increase of 101,136 shares to his holdings from this vesting event.
• This reflects a vesting/award under YPF’s Long-Term Incentive Share Award program; the withheld shares are a tax withholding, not an open-market sale.

Key Details

• Transaction dates and prices: 2026-08-31; award 155,594 shares @ $7,983.00; tax withholding 54,458 shares @ $7,983.00.
• Reported values: award $1,242,106,902; shares withheld for taxes $434,738,214.
• Net shares received from the vesting: 101,136 (155,594 granted − 54,458 withheld).
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes: (1) A 10-for-1 stock split effective Aug 4, 2026 is reflected in the reported share counts; (2) the share surrender was a tax withholding related to the LTIP vesting.
• Filing timeliness: Form 4 filed 2026-09-02 for transactions on 2026-08-31; filing appears timely.

Context

• This was a compensation-related vesting (award) with a net settlement via share withholding for taxes — a common practice that does not indicate an open-market sale or purchase decision.
• For retail investors: awards signal executive compensation being realized, but are different from purchases (which may indicate personal bullishness) or open-market sales (which may signal liquidity needs).