YPF VP Pedro Kearney Receives Award; Tax-Withheld Shares Sold

What Happened Pedro Luis Kearney, Vice President — Finance at YPF S.A., received a grant of 95,701 shares on 2026-08-31 under YPF’s Long-Term Incentive Share Award program (award code A). Those shares are reported at $7,983.00 per share (total value $763,981,083). On the same date, 33,496 shares were transferred/withheld to cover tax withholding obligations (code F) at the same per-share value (total value $267,398,568). Net result: Kearney acquired 62,205 net shares from the award after the tax withholding.

Key Details

• Transaction date: 2026-08-31; per-share price reported: $7,983.00.
• Award (A): 95,701 shares acquired — total reported value $763,981,083.
• Tax withholding (F): 33,496 shares disposed/withheld — total reported value $267,398,568.
• Net shares retained from the award: 62,205 shares (95,701 − 33,496).
• Footnote F1: A 10-for-1 stock split became effective Aug 4, 2026; the reported share counts reflect the split.
• Footnote F2: The withholding relates to taxes on vesting under YPF’s Long-Term Incentive Share Award (Programa de Retribucion a Largo Plazo).
• Filing: Report filed 2026-09-02 for an 2026-08-31 transaction; no indication in the provided extract that the Form 4 was late.

Context This was an equity award vesting with a portion of shares withheld/sold to satisfy tax obligations (a common administrative step, not an open-market sale for investment purposes). The large dollar amounts reflect the high per-share price and the size of the award; the withheld shares were used to meet tax withholding rather than representing a discretionary sale. Check the full Form 4 for post-transaction total holdings and any additional related disclosures.