YPF Director Maria Azcurra Receives 13,500-Share Award

What Happened

• Maria Martina Azcurra, a director of YPF S.A., was granted three share awards on 2026-10-01 totaling 13,500 share units (4,455; 4,455; 4,590). The awards are derivative units (no cash price reported) that represent the right to receive one Class D common share (or, at the company's option, one ADR) upon vesting under YPF’s Long-Term Incentive Share Award plan. The reported grant amounts reflect a 10-for-1 stock split effective August 4, 2026.

Key Details

• Transaction date: 2026-10-01 (filing/accession: 2026-10-01, Accession 0001292814-26-004791)
• Awards: 4,455; 4,455; and 4,590 share units (total 13,500)
• Price/Value: N/A (these are awards/derivative units, not open‑market purchases or sales)
• Vesting: Scheduled vesting in July 2027, July 2028, and July 2029, respectively, subject to continued service (per filing footnotes)
• Split adjustment: Share counts reflect YPF’s 10-for-1 stock split effective Aug 4, 2026
• Shares owned after transaction: Not disclosed in this filing
• Filing timeliness: Report filed 2026-10-01 for transactions dated 2026-10-01 — no late‑filing indication in the report

Context

• These were grant awards (code A) under the company’s LTIP, not purchases or sales. Awards generally vest over time and are contingent on continued employment; they do not produce immediate cash unless sold after vesting. Such grants are routine components of executive/director compensation and should be viewed as compensation, not an immediate buy/sell signal.