YPF VP sells 12,719 shares in open market

YPF SOCIEDAD ANONIMA Labor Relations VP Marcelo Gustavo Aldeco reported an open-market sale of Class D Common Stock.

Rhea-AI Filing Summary

YPF SOCIEDAD ANONIMA Labor Relations VP Marcelo Gustavo Aldeco reported an open-market sale of Class D Common Stock. He sold 12,719 shares at a reported price of $43.61 per share and now directly holds 101 shares following the transaction.

Insider Trade Summary

Net Seller: 12,719 shares

Net Sell 1 txn

Insider Aldeco Marcelo Gustavo

Role Labor Relations VP

Sold 12,719 shs ($555K)

Type	Security	Shares	Price	Value
Sale	Class D Common Stock	12,719	$43.61	$555K

Holdings After Transaction: Class D Common Stock — 101 shares (Direct)

Footnotes (1)

1. F1. These shares were sold at a price of AR$61,710.44 per share. For reporting purposes, the sale price has been converted to U.S. dollars based on the exchange rate reported by Banco de la Nacion Argentina -seller - for the date of purchase, which was US$1.00 = AR$1415.00

FAQ

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What insider transaction did YPF (YPF) report for Marcelo Gustavo Aldeco?

YPF reported that Labor Relations VP Marcelo Gustavo Aldeco sold 12,719 shares of Class D Common Stock. The transaction was an open-market sale and left him with 101 directly held shares after the trade, according to the Form 4 filing.

At what price were the YPF (YPF) shares sold in Marcelo Aldeco’s Form 4?

The shares were sold at a reported price of $43.61 per share. A footnote explains this reflects a conversion from an Argentine peso price of AR$61,710.44 using an exchange rate of US$1.00 = AR$1,415.00 from Banco de la Nación Argentina.

How many YPF (YPF) shares does Marcelo Gustavo Aldeco hold after this sale?

Following the reported sale, Marcelo Gustavo Aldeco directly holds 101 shares of YPF Class D Common Stock. This figure comes from the post-transaction ownership line in the Form 4, which summarizes his remaining direct holdings after the open-market sale.

What role does Marcelo Gustavo Aldeco hold at YPF (YPF) in this Form 4?

In this Form 4, Marcelo Gustavo Aldeco is identified as an officer of YPF with the title Labor Relations VP. This indicates the transaction involves a senior executive rather than an outside director or a large institutional shareholder of the company.

Was the YPF (YPF) insider transaction a buy or a sell?

The Form 4 shows a sale transaction. It is coded as an open-market sale of non-derivative Class D Common Stock, with 12,719 shares sold and the transaction direction labeled as “sell” in the structured transaction data for the filing.

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Accepted by SEC EDGAR 03/20/2026 - 06:41 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Aldeco Marcelo Gustavo

(Last) (First) (Middle)

MACACHA GUEMES 515

(Street)

CABA 00000

(City) (State) (Zip)

ARGENTINA

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class D Common Stock	03/19/2026		S		12,719	D	$43.61(1)	101	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were sold at a price of AR$61,710.44 per share. For reporting purposes, the sale price has been converted to U.S. dollars based on the exchange rate reported by Banco de la Nacion Argentina -seller - for the date of purchase, which was US$1.00 = AR$1415.00

	/S/ Marcelo Gustavo Aldeco	03/20/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)