Pampa Energy (PAM) vice president sells 429,000 common shares

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Pampa Energy Inc. Vice President Damian Miguel Mindlin reported selling a total of 429,000 shares of common stock in open-market transactions. The sales occurred on March 18, 2026 at prices of $3.59 and $3.405 per share. Following these transactions, he directly holds 14,768,847 shares of Pampa Energy common stock. The reported prices were converted to U.S. dollars using an ARS/USD exchange rate of 1,394 on the trade date.

Insider Trade Summary

Net Seller: 429,000 shares ($1,479,985)

Net Sell 2 txns

Insider Mindlin Damian Miguel

Role Vice President

Sold 429,000 shs ($1.48M)

Type	Security	Shares	Price	Value
Sale	Cammon Stock	104,000	$3.59	$373K
Sale	Cammon Stock	325,000	$3.405	$1.11M

Holdings After Transaction: Cammon Stock — 15,093,847 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

03/20/2026 - 05:58 PM

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)
03/18/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Cammon Stock	03/18/2026	03/19/2026	S		104,000⁽¹⁾	D	$3.59	15,093,847	D
Cammon Stock	03/18/2026	03/19/2026	S		325,000	D	$3.405	14,768,847	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,394 on the trade date, as reported by Bloomberg

	Mindlin Damian Miguel	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Pampa Energy (PAM) report for Damian Miguel Mindlin?

Pampa Energy reported that Vice President Damian Miguel Mindlin sold 429,000 shares of common stock. The open-market transactions were disclosed in a Form 4 filing and reflect routine insider activity with updated post-transaction share ownership.

At what prices did Damian Miguel Mindlin sell Pampa Energy (PAM) shares?

Damian Miguel Mindlin sold Pampa Energy common stock at prices of $3.59 and $3.405 per share. These prices were reported in U.S. dollars, converted from Argentine pesos using an ARS/USD exchange rate of 1,394 on the trade date.

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

After the reported sales, Damian Miguel Mindlin directly owns 14,768,847 Pampa Energy common shares. This post-transaction balance is shown in the Form 4 and reflects his remaining direct ownership position following the 429,000-share disposition.

What was the total number of Pampa Energy (PAM) shares sold by Damian Miguel Mindlin?

Damian Miguel Mindlin sold a total of 429,000 Pampa Energy common shares. The Form 4 shows two open-market sale transactions on March 18, 2026, for 104,000 shares and 325,000 shares, respectively, at different per-share sale prices.

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

The reported Pampa Energy sale prices were converted to U.S. dollars using an ARS/USD exchange rate of 1,394. The Form 4 footnote explains that this exchange rate was taken from Bloomberg on the March 18, 2026 trade date.