YPF Director Silvia Ayala Receives Share Award; Withholds Shares for Taxes

What Happened
Silvia Noemí Ayala, a director of YPF S.A., received a long‑term incentive share award that vested on 2026-08-31: 16,080 shares were acquired at $7,983.00 per share (total value $128,366,640). To satisfy tax withholding on the vesting, 5,628 of those shares were surrendered at the same per‑share value (disposition value $44,928,324). Net shares retained from the vesting: 10,452.

Key Details

• Transaction date: 2026-08-31; Form filed: 2026-09-02.
• Award (code A): 16,080 shares @ $7,983.00 = $128,366,640 (acquired via vesting).
• Tax withholding (code F): 5,628 shares @ $7,983.00 = $44,928,324 (disposed to cover taxes).
• Net retained from this vesting: 10,452 shares (16,080 − 5,628).
• Footnote F1: A 10‑for‑1 stock split became effective Aug 4, 2026; reported share counts reflect the split.
• Footnote F2: The withheld shares relate to tax withholding on vesting under YPF’s Long‑Term Incentive Share Award (Programa de Retribución a Largo Plazo).
• No late‑filing indication in the report provided.

Context
This was a vesting of incentive shares, not an open‑market purchase or sale; the share surrender for taxes is a common cashless withholding method and does not, by itself, indicate a change in the director’s market view. The large dollar values reflect the reported per‑share price and the award size (and are reported post‑split as noted).