YPF director reports shares and incentive awards

YPF SOCIEDAD ANONIMA director Maria Martina Azcurra filed an initial ownership report detailing her equity position.

Rhea-AI Filing Summary

YPF SOCIEDAD ANONIMA director Maria Martina Azcurra filed an initial ownership report detailing her equity position. She directly holds 17,429 shares of YPF Class D common stock. She is also listed with long-term incentive share awards linked to 2,177 and 1,122 underlying Class D shares at an exercise price of 0.0000 per share.

According to the plan description, each award unit can convert into one Class D share (or, at the company’s discretion, one ADR) upon vesting. These awards vest in three equal installments in July 2026, July 2027, and July 2028, provided she remains employed through each vesting date.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Azcurra Maria Martina

Role Director

Type	Security	Shares	Price	Value
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 — 3,299 contracts (Direct); Class D Common Stock — 17,429 shares (Direct)

Footnotes (1)

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 the Form 3 for YPF by Maria Martina Azcurra report?

The Form 3 reports Maria Martina Azcurra’s initial ownership in YPF. It shows direct holdings of 17,429 Class D common shares plus long-term incentive awards tied to additional shares that may vest between 2026 and 2028, subject to employment.

How many YPF Class D shares does Maria Martina Azcurra directly hold?

Maria Martina Azcurra directly holds 17,429 Class D common shares of YPF. This figure represents her reported direct ownership position as of the filing, separate from any long-term incentive share awards that may vest in future years.

What long-term incentive share awards are disclosed for YPF director Azcurra?

She is listed with long-term incentive share awards linked to 2,177 and 1,122 underlying Class D common shares. Each unit can deliver one share (or at YPF’s discretion, one ADR) once the awards vest under the plan terms.

When do Maria Martina Azcurra’s YPF long-term incentive awards vest?

The awards vest in three equal installments in July 2026, July 2027, and July 2028. Vesting is conditioned on her continued employment through each vesting date under YPF’s Long-Term Incentive Share Award program.

What is the exercise price of Azcurra’s YPF long-term incentive awards?

The long-term incentive share awards have an exercise price of 0.0000. This means the units convert into Class D common shares (or ADRs, at the company’s discretion) without additional cash payment when vesting conditions are satisfied under the plan.

Does the YPF Form 3 show any buy or sell transactions by Azcurra?

The Form 3 lists holding entries rather than explicit buy or sell trades. It discloses her existing direct share ownership and outlines long-term incentive awards, focusing on her overall equity position rather than new market transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/17/2026 - 06:24 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Azcurra Maria Martina

(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
	Officer (give title below)		Other (specify below)

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	17,429	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	2,177	(1)	D
Long-Term Incentive Share Award(1)	01/09/2027	(1)	Class D Common Stock	1,122	(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.

	Maria Martina Azcurra	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.