YPF (YPF) CEO Marin details stock and long-term incentive awards

Rhea-AI Filing Summary

YPF SOCIEDAD ANONIMA Chief Executive Officer Horacio Daniel Marin filed an initial ownership report detailing his equity interests in the company. He directly holds 89,353 shares of YPF Class D common stock. The filing also lists three long-term incentive share awards tied to additional Class D shares.

These long-term incentive awards relate to 54,220, 42,227, and 18,435 underlying Class D shares, each at an exercise price of $0.0000 per share. According to the plan terms, each award unit represents the right to receive one Class D share (or, at the company’s discretion, one ADR) upon vesting in three equal installments in July 2026, 2027, and 2028, subject to continued employment.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Marin Horacio Daniel

(Last) (First) (Middle)

MACACHA GUEMES 515

(Street)

CABA C1 00000

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
YPF SOCIEDAD ANONIMA [ YPF ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class D Common Stock	89,353	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Long-Term Incentive Share Award(1)	01/09/2026	(1)	Class D Common Stock	54,220	(1)	D
Long-Term Incentive Share Award(1)	01/09/2027	(1)	Class D Common Stock	42,227	(1)	D
Long-Term Incentive Share Award(1)	01/09/2028	(1)	Class D Common Stock	18,435	(1)	D

Explanation of Responses:

1. Share awards are granted pursuant to YPF S.A.'s Long-Term Incentive Share Award (Programa de Retribucion a Largo Plazo). Each award unit represents the right to receive one Class D common stock of YPF S.A. (or, at the Company's discretion, one ADR) upon vesting. The awards vest in three equal installments in July 2026, 2027, and 2028, subject to continued employment through each vesting date.

	Horacio Daniel Marin	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the YPF (YPF) Form 3 for Horacio Daniel Marin report?

The Form 3 reports CEO Horacio Daniel Marin’s existing equity interests in YPF. It discloses his direct holdings of Class D common stock and several long-term incentive share awards that may convert into additional Class D shares or ADRs upon vesting under plan terms.

How many YPF Class D shares does the CEO hold directly in this Form 3?

The Form 3 shows that CEO Horacio Daniel Marin directly holds 89,353 shares of YPF Class D common stock. This figure reflects his direct ownership only and is separate from additional long-term incentive share awards that may convert into Class D shares in the future.

What long-term incentive share awards are disclosed for YPF’s CEO?

The filing lists three long-term incentive share awards for Horacio Daniel Marin covering 54,220, 42,227, and 18,435 underlying Class D shares. Each unit can deliver one Class D share or, at YPF’s discretion, one ADR when vesting conditions under the program are satisfied.

When do the YPF CEO’s long-term incentive awards vest according to the filing?

The footnote explains that these share awards vest in three equal installments in July 2026, 2027, and 2028. Vesting is conditioned on the CEO’s continued employment with YPF through each respective vesting date under the company’s long-term incentive share award program.

How are the YPF long-term incentive awards settled for the CEO?

Each long-term incentive award unit gives the right to receive one Class D common share of YPF or, at the company’s discretion, one ADR. Settlement occurs upon vesting, in line with the long-term incentive share award program described in the footnote to the ownership report.

Does the YPF CEO pay an exercise price for his long-term incentive share awards?

The data indicate an exercise price of $0.0000 per share for the long-term incentive awards. This suggests the awards are structured as cost-free share rights upon vesting, consistent with typical long-term incentive programs that deliver shares without additional purchase payments.