Director at Pampa Energy (NYSE: PAM) receives 1,089-share stock grant

Rhea-AI Filing Summary

Espinosa Paz Josefina reported acquisition or exercise transactions in this Form 4 filing.

Pampa Energy Inc. director Josefina Espinosa Paz received a grant of 1,089 shares of common stock. The shares were awarded at a price of $0.00 per share, indicating a compensation-related stock award rather than an open-market purchase. Following this grant, she holds 1,089 common shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Espinosa Paz Josefina

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, $25 Par Value	1,089	$0.00	--

Holdings After Transaction: Common Stock, $25 Par Value — 1,089 shares (Direct)

Footnotes (1)

Key Figures

Shares granted: 1,089 shares Grant price: $0.00 per share Shares held after transaction: 1,089 shares

3 metrics

Shares granted 1,089 shares Equity grant to director on 2026-03-25

Grant price $0.00 per share Reported transaction price for the stock award

Shares held after transaction 1,089 shares Director’s direct ownership following the grant

Key Terms

Grant, award, or other acquisition, Common Stock, $25 Par Value, Form 4

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: "Grant, award, or other acquisition""

Common Stock, $25 Par Value financial

"security_title: "Common Stock, $25 Par Value""

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Espinosa Paz Josefina

(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)

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

2a. Foreign Trading Symbol
[PAMP]

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

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
Common Stock, $25 Par Value	03/25/2026		A		1,089	A	$0	1,089	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:

Remarks:

Represents a grant of common stock under the issuer's equity compensation plan.

	Josefina Espinosa Paz	04/01/2026
	** 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 insider transaction did Pampa Energy (PAM) report for Josefina Espinosa Paz?

Pampa Energy reported that director Josefina Espinosa Paz acquired 1,089 shares of common stock. The transaction was coded as a grant, award, or other acquisition, meaning it was not an open-market purchase but an equity award.

How many Pampa Energy (PAM) shares does Josefina Espinosa Paz hold after this Form 4?

After the reported transaction, director Josefina Espinosa Paz directly holds 1,089 shares of Pampa Energy common stock. All of these shares come from the reported grant, with no prior holdings disclosed in this filing excerpt.

Was the Pampa Energy (PAM) share grant to Josefina Espinosa Paz an open-market purchase?

No, the 1,089-share transaction for Josefina Espinosa Paz was reported with a price of $0.00 per share and coded as a grant or award, indicating a compensation-related equity grant instead of an open-market stock purchase.

What type of security did Josefina Espinosa Paz receive from Pampa Energy (PAM)?

She received Common Stock, $25 Par Value of Pampa Energy. The Form 4 shows a grant of 1,089 common shares as a non-derivative equity award, increasing her direct ownership position to that same share count.

Does the Pampa Energy (PAM) Form 4 show any stock sales by Josefina Espinosa Paz?

No stock sales are shown in this Form 4 excerpt. It reports only a grant of 1,089 common shares to director Josefina Espinosa Paz, with no dispositions or open-market sales included in the transaction data provided.