Pampa Energy VP sells 500,000 shares

Pampa Energy Inc. vice president Damian Miguel Mindlin executed an open-market sale of 500,000 shares of Common Stock at $3.57 per share on March 31, 2026.

Rhea-AI Filing Summary

Pampa Energy Inc. vice president Damian Miguel Mindlin executed an open-market sale of 500,000 shares of Common Stock at $3.57 per share on March 31, 2026. After this transaction, he directly holds 13,968,370 shares. The sale represents a small portion of his overall position, indicating a routine liquidity move rather than a large change in ownership.

Insights

Equity market & insider-trading analyst

Pampa Energy VP makes routine open-market share sale, retains large stake.

Vice President Damian Miguel Mindlin sold 500,000 shares of Pampa Energy Inc. Common Stock in an open-market transaction at $3.57 per share. The sale is coded as a non-derivative transaction with transaction code S, confirming it as a straightforward share sale rather than an option exercise.

Post-transaction, Mindlin still directly owns 13,968,370 shares, so the sale represents only a small fraction of his holdings. There are no derivative positions listed in this filing, and no footnotes indicating special ownership structures or pre-planned trading arrangements, framing this as a conventional insider sale of limited relative size.

Insider Trade Summary

Net Seller: 500,000 shares

Net Sell 1 txn

Insider Mindlin Damian Miguel

Role Vice President

Sold 500,000 shs ($1.78M)

Type	Security	Shares	Price	Value
Sale	Cammon Stock	500,000	$3.57	$1.78M

Holdings After Transaction: Cammon Stock — 13,968,370 shares (Direct)

Key Figures

Shares sold: 500,000 shares Sale price: $3.57 per share Shares held after transaction: 13,968,370 shares +1 more

4 metrics

Shares sold 500,000 shares Open-market sale of Common Stock on March 31, 2026

Sale price $3.57 per share Price for 500,000 Common Stock shares sold

Shares held after transaction 13,968,370 shares Direct Common Stock ownership following sale

Net share change 500,000 shares Net-sell direction according to transactionSummary

Key Terms

open-market sale, non-derivative, Common Stock, transaction code S

4 terms

open-market sale financial

"transaction_action":"open-market sale""

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":"non-derivative""

Common Stock financial

"security_title":"Cammon Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code S financial

"transaction_code":"S","transaction_code_description""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Pampa Energy (PAM) vice president Damian Mindlin do in this Form 4?

Damian Miguel Mindlin reported an open-market sale of 500,000 Pampa Energy Common Stock shares at $3.57 each. The transaction is a non-derivative sale, meaning he sold existing shares rather than exercising options or converting other securities.

How many Pampa Energy (PAM) shares does Damian Mindlin hold after the sale?

After the reported transaction, Damian Miguel Mindlin directly holds 13,968,370 Pampa Energy Common Stock shares. This indicates he retains a substantial ownership position even after selling 500,000 shares in the open market at $3.57 per share.

Was the Pampa Energy (PAM) insider transaction a buy or a sell?

The Form 4 shows a sell transaction. Damian Miguel Mindlin executed an open-market sale of 500,000 Common Stock shares at $3.57 per share, coded as transaction type S, which denotes a sale in open market or private transaction.

What price did the Pampa Energy (PAM) insider receive for the sold shares?

The insider sale was executed at $3.57 per Pampa Energy Common Stock share. With 500,000 shares sold in this open-market transaction, the pricing detail helps investors gauge the approximate transaction value reported in this Form 4 filing.

Does the Pampa Energy (PAM) Form 4 show any derivative or option activity?

No derivative activity is reported in this Form 4. The filing lists a single non-derivative transaction: an open-market sale of 500,000 Common Stock shares at $3.57 per share, with derivativeSummary showing no remaining derivative positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/02/2026 - 01:51 PM 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^*

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)
	Vice President

2a. Foreign Trading Symbol
[PAMP]

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026	04/01/2026	S		500,000	D	$3.57	13,968,370	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:

	Mindlin Damian Miguel	04/02/2026
	** 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)