Pampa Energy (PAM) director discloses initial holding of 7,000 ADRs

Rhea-AI Filing Summary

Pampa Energy Inc. director Gabriel Esteban Szpigiel filed an initial ownership report on Form 3. The filing shows he holds 7,000 ADRs of Pampa Energy directly. This is a baseline disclosure of his equity position and does not report any recent share purchases or sales.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Szpigiel Gabriel Esteban

Role Director

Type	Security	Shares	Price	Value
holding	ADR	--	--	--

Holdings After Transaction: ADR — 7,000 shares (Direct)

Footnotes (1)

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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^*

Szpigiel Gabriel Esteban

(Last) (First) (Middle)

1045 MADISON AVENUE

16

(Street)

NEW YORK NY 10075

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/12/2026

3. Issuer Name and Ticker or Trading Symbol
Pampa Energy Inc. [ PAM ]

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)
ADR	7,000	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

Explanation of Responses:

	Gabriel Szpigiel	03/12/2026
	Gabriel Szpigiel	03/12/2026
	** 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.

FAQ

What does Gabriel Esteban Szpigiel’s Form 3 for Pampa Energy (PAM) show?

The Form 3 shows that director Gabriel Esteban Szpigiel directly holds 7,000 ADRs of Pampa Energy Inc. This is an initial ownership statement, establishing his starting equity position as a reporting insider, without indicating any recent trades or price information.

Is Gabriel Esteban Szpigiel buying or selling Pampa Energy (PAM) shares in this Form 3?

This Form 3 does not report any buying or selling activity. It is an initial ownership filing that simply states Szpigiel’s direct holding of 7,000 ADRs, with no transaction code and no recorded share purchases or disposals.

How many Pampa Energy (PAM) ADRs does director Gabriel Esteban Szpigiel hold?

According to the Form 3, Gabriel Esteban Szpigiel directly owns 7,000 ADRs of Pampa Energy Inc. This figure is listed as the total number of ADRs beneficially owned following the reported holding entry, with no derivative securities disclosed.

What type of security is reported in Gabriel Esteban Szpigiel’s Pampa Energy (PAM) Form 3?

The filing reports holdings in ADR securities of Pampa Energy Inc. It specifies a total of 7,000 ADRs held directly, with no additional underlying securities, options, or other derivative positions shown in the derivative summary section.

Does the Pampa Energy (PAM) Form 3 for Gabriel Esteban Szpigiel include derivative positions?

No derivative positions are listed in this Form 3. The derivative summary is empty, and the filing only discloses a direct holding of 7,000 ADRs of Pampa Energy Inc., with no options, warrants, or convertible securities reported for Szpigiel.