YPF VP reports initial share award holdings
YPF SOCIEDAD ANONIMA’s Strategy & New Business VP, Maximiliano Pedro Westen, has filed an initial ownership report.
Rhea-AI Filing Summary
YPF SOCIEDAD ANONIMA’s Strategy & New Business VP, Maximiliano Pedro Westen, has filed an initial ownership report. He reports long-term incentive share awards tied to 12,400, 7,122 and 3,400 underlying Class D common shares, vesting in three equal installments in July 2026, 2027 and 2028, subject to continued employment, plus 10,674 Class D common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Westen Maximiliano Pedro
Role
Strategy & New Bus. VP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Long-Term Incentive Share Award | -- | -- | -- |
| holding | Long-Term Incentive Share Award | -- | -- | -- |
| holding | Long-Term Incentive Share Award | -- | -- | -- |
| holding | Class D Common Stock | -- | -- | -- |
Holdings After Transaction:
Long-Term Incentive Share Award — 22,922 contracts (Direct);
Class D Common Stock — 10,674 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does YPF (YPF) executive Maximiliano Pedro Westen report owning in this Form 3?
He reports long-term incentive share awards over 12,400, 7,122 and 3,400 underlying Class D common shares, plus 10,674 Class D common shares held directly. These figures show his initial equity-based alignment with YPF as Strategy & New Business Vice President.
What type of securities are reported for Westen in YPF (YPF) Form 3?
The filing lists Long-Term Incentive Share Awards, each unit representing one Class D common share of YPF or, at the company’s discretion, one ADR upon vesting. It also shows 10,674 Class D common shares held directly as of the reporting date.
Does Westen’s YPF (YPF) long-term incentive plan allow settlement in ADRs?
Yes. Each long-term incentive award unit represents the right to receive one Class D common share of YPF or, at the company’s discretion, one American Depositary Receipt (ADR) upon vesting. This structure offers flexibility in how the equity awards are ultimately delivered.
Is this YPF (YPF) Form 3 filing about new insider buying or selling?
No. This Form 3 is an initial statement of beneficial ownership that records existing holdings and long-term incentive share awards. The transactions are categorized as holdings, with no reported open-market purchases or sales in the summarized transaction data for this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.