YPF (YPF) Labor Relations VP details share holdings and long-term awards

Rhea-AI Filing Summary

YPF Sociedad Anonima executive Marcelo Gustavo Aldeco, Labor Relations VP, filed an initial ownership report detailing his equity position in the company. He holds 12,820 shares of Class D common stock directly. He also reports long-term incentive share awards tied to Class D common stock that vest in three equal installments in July 2026, July 2027, and July 2028, subject to continued employment. Each award unit represents the right to receive one Class D common share or, at the company’s discretion, one ADR upon vesting.

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^*

Aldeco Marcelo Gustavo

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Labor Relations VP

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	12,820	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	9,325	(1)	D
Long-Term Incentive Share Award(1)	01/09/2027	(1)	Class D Common Stock	7,079	(1)	D
Long-Term Incentive Share Award(1)	01/09/2028	(1)	Class D Common Stock	2,890	(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.

	Marcelo Gustavo Aldeco	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).
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FAQ

What does the YPF (YPF) Form 3 filing by Marcelo Gustavo Aldeco report?

The Form 3 filing reports Marcelo Gustavo Aldeco’s initial ownership in YPF. It shows direct holdings of 12,820 Class D common shares and long-term incentive share awards that can convert into additional Class D shares or ADRs upon vesting over several years.

How many YPF Class D common shares does Aldeco directly hold in this Form 3?

Aldeco directly holds 12,820 Class D common shares of YPF. This position is reported as direct ownership and represents his current equity stake in the company’s common stock, separate from any unvested long-term incentive share awards disclosed in the same filing.

What are the terms of Aldeco’s YPF long-term incentive share awards?

Aldeco’s long-term incentive share awards are granted under YPF’s Long-Term Incentive Share Award program. Each unit represents the right to receive one Class D share or one ADR upon vesting, giving him equity-based compensation rather than immediate cash payouts from the company.

When do Aldeco’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 Aldeco’s continued employment with YPF through each vesting date, aligning his incentives with the company’s long-term performance and retention goals.

Does the YPF Form 3 show any insider buying or selling by Aldeco?

The Form 3 does not show insider buying or selling transactions by Aldeco. It records his existing ownership of 12,820 Class D shares and his outstanding long-term incentive share awards, serving as an initial statement of his equity position at YPF.

How are Aldeco’s YPF incentive awards settled according to the filing footnote?

According to the footnote, each long-term incentive award unit entitles Aldeco to receive one Class D common share of YPF or, at the company’s discretion, one ADR when the award vests. This flexibility allows settlement in local shares or U.S.-traded depositary receipts.