YPF VP Florencia Tiscornia Receives 109,996-Share Award
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YPF VP Florencia Tiscornia Receives 109,996-Share Award
What Happened
Florencia Tiscornia, Vice President of People & Culture at YPF S.A., received a grant of 109,996 shares under the company's long-term incentive program (code A), valued at $7,983.00 per share for a total of $878,098,068. Simultaneously, 38,499 shares were surrendered/withheld to cover tax withholding related to the vesting (code F), valued at $7,983.00 per share for about $307,337,517. The reporting reflects a 10-for-1 stock split that became effective August 4, 2026.
Key Details
- Transaction date: 2026-08-31. Form filed: 2026-09-02 (appears timely).
- Award: 109,996 shares at $7,983.00 per share (total ~$878,098,068).
- Tax withholding/disposition: 38,499 shares at $7,983.00 per share (total ~$307,337,517).
- Footnotes: F1 — numbers reflect a 10-for-1 stock split effective Aug 4, 2026. F2 — the disposed shares relate to tax withholding for vesting under YPF’s Long-Term Incentive Share Award.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
This filing reflects a standard equity award vesting and associated tax withholding — common for employee long-term incentive plans. The acquisition (award) is an issuance to the insider rather than an open-market purchase; the withheld shares to cover taxes are not a market sale that necessarily signals sentiment about the company's prospects. Transaction codes: A = award/grant (acquisition); F = payment of exercise price or tax liability (disposition).