YPF Director Maria Azcurra Receives Share Awards

What Happened
Azcurra Maria Martina (Director) received share awards from YPF S.A. that vested and were reported on Form 4. On August 31, 2026 she was credited with 30,020 shares as an acquisition (value reported at $7,983.00 per share; total $239,649,660). To cover tax withholding related to the vesting, 10,507 shares were surrendered/disposed on the same date at the same per‑share value (proceeds/value shown as $83,877,381). Separately, on August 11, 2026 she was granted two additional award units (8,250 and 8,500) that are derivative awards (no per‑share price reported) and are scheduled to vest in July 2027 and July 2028, respectively.

Key Details

• Transaction dates and amounts:
  • Aug 31, 2026 — 30,020 shares acquired (A) at $7,983.00 each; total $239,649,660.
  • Aug 31, 2026 — 10,507 shares withheld/disposed (F) for tax withholding at $7,983.00 each; total $83,877,381.
  • Aug 11, 2026 — 8,250 and 8,500 award units granted (A); no price reported (derivative awards).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes:
  • Awards granted under YPF’s Long‑Term Incentive Share Award (Programa de Retribucion a Largo Plazo).
  • Each award unit represents the right to one Class D common share (or, at the company’s discretion, one ADR) upon vesting.
  • The Aug 31 activity included vesting (including first vesting of 8,250 units from the Aug 11 grant) and a tax withholding settlement.
  • A 10‑for‑1 stock split became effective Aug 4, 2026; all share figures reflect the split.
• Filing timeliness: Form filed Sept 2, 2026 and covers transactions on Aug 11 and Aug 31, 2026. The filing excerpt does not state a late‑filing designation.

Context
These transactions are primarily compensatory share awards vesting under YPF’s long‑term incentive plan rather than open‑market purchases or sales. The withholding of 10,507 shares to cover tax obligations is a routine, non‑market sale associated with vesting. The Aug 11 grants are derivative award units that vest in future years (July 2027 and July 2028) and will convert to shares (or ADRs) only upon vesting and any applicable company actions.