Pampa Energy (PAM) VP Mindlin sells 814,000 shares, retains 13.1M

Rhea-AI Filing Summary

Pampa Energy Inc. executive Damian Miguel Mindlin reported an open-market sale of company shares. On this transaction date, he sold 814,000 shares of common stock at an average price of $3.69 per share. After the sale, he directly holds 13,096,870 shares.

Prices were converted to U.S. dollars using an ARS/USD exchange rate of 1,426 on the trade date, as reported by Bloomberg, which frames the dollar value of this Argentina-based transaction.

Insider Trade Summary

Net Seller: 814,000 shares ($3,003,660)

Net Sell 1 txn

Insider Mindlin Damian Miguel

Role Vicepresident

Sold 814,000 shs ($3.00M)

Type	Security	Shares	Price	Value
Sale	Cammon Stock	814,000	$3.69	$3.00M

Holdings After Transaction: Cammon Stock — 13,096,870 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 814,000 shares Sale price per share: $3.69 per share Shares held after transaction: 13,096,870 shares +3 more

6 metrics

Shares sold 814,000 shares Non-derivative open-market sale on reported trade date

Sale price per share $3.69 per share Average price for the reported sale transaction

Shares held after transaction 13,096,870 shares Direct ownership following the reported sale

Net shares sold 814,000 shares Net sell direction in transaction summary

ARS/USD exchange rate 1,426 Rate used to convert prices to U.S. dollars on trade date

Sell transactions count 1 sale Single non-derivative sale reported in this Form 4

Key Terms

open-market sale, non-derivative, ARS/USD exchange rate

3 terms

open-market sale financial

"transaction_action: "open-market sale" for the common stock transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

"transaction_type is listed as "non-derivative" for this sale"

ARS/USD exchange rate financial

"Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,426"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Mindlin Damian Miguel

(Last) (First) (Middle)

MAIPU 1

(Street)

BUENOS AIRES 1084

(City) (State) (Zip)

ARGENTINA

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vicepresident

2a. Foreign Trading Symbol
[PAMP]

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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
Cammon Stock	06/01/2026	06/01/2026	S		814,000	D	$3.69(1)	13,096,870	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. Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,426 on the trade date, as reported by Bloomberg

	Mindlin Damian Miguel	06/02/2026
	** 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)

FAQ

What did Pampa Energy (PAM) insider Damian Miguel Mindlin report in this Form 4?

Damian Miguel Mindlin reported selling 814,000 Pampa Energy common shares in an open-market transaction. The sale occurred at an average price of $3.69 per share and left him with 13,096,870 shares held directly after the transaction, according to the filing data.

At what price did the Pampa Energy (PAM) shares sell in Damian Mindlin’s Form 4?

The reported transaction shows Pampa Energy shares sold at an average price of $3.69 per share. The filing notes that prices were converted to U.S. dollars using an ARS/USD exchange rate of 1,426 on the trade date, based on Bloomberg’s reported rate.

How many Pampa Energy (PAM) shares does Damian Mindlin hold after this Form 4 sale?

After selling 814,000 shares, Damian Mindlin directly holds 13,096,870 Pampa Energy common shares. This post-transaction holding figure helps investors understand that he continues to maintain a substantial ownership position in the company following this single reported open-market sale.

What type of transaction is reported in the Pampa Energy (PAM) Form 4 filing?

The Form 4 reports a non-derivative open-market sale of Pampa Energy common stock. The transaction used code “S,” indicating a sale in the open market or a private transaction, and involved no options or other derivative securities in this particular disclosure.

How were the Pampa Energy (PAM) Form 4 prices converted to U.S. dollars?

The filing explains that share prices were converted to U.S. dollars using an ARS/USD exchange rate of 1,426 on the trade date. This exchange rate, reported by Bloomberg, standardizes the transaction’s value in dollars for disclosure to U.S. investors.