Pampa Energy (NYSE: PAM) insider buys 150K shares in open-market trade

Rhea-AI Filing Summary

Pampa Energy Inc. (PAM) director and ten-percent owner Marcos Marcelo Mindlin reported purchasing 150,000 shares of common stock on 2026-08-27 in an open-market or private transaction at $3.382 per share. Following this buy, he directly holds 22,180,592 shares. The reported dollar price reflects conversion from Argentine pesos using an ARS/USD exchange rate of 1,512.17 on the trade date.

Insider Trade Summary

Net Buyer: 150,000 shares

Net Buy 1 txn

Insider Mindlin Marcos Marcelo

Role Director, 10% Owner

Bought 150,000 shs ($507K)

Type	Security	Shares	Price	Value
Purchase	Cammon Stock F1	150,000	$3.382	$507K

Holdings After Transaction: Cammon Stock — 22,180,592 shares (Direct)

Footnotes (1)

1. F1. Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,512.17 on the trade date, as reported by Bloomberg

Key Figures

Shares purchased: 150,000 shares Purchase price per share: $3.382 per share Shares owned after transaction: 22,180,592 shares +1 more

4 metrics

Shares purchased 150,000 shares Common stock transaction on 2026-08-27

Purchase price per share $3.382 per share Open market or private purchase on 2026-08-27

Shares owned after transaction 22,180,592 shares Direct ownership by Marcos Marcelo Mindlin after 2026-08-27 trade

ARS/USD exchange rate 1,512.17 Rate used to convert trade prices into U.S. dollars on trade date

Key Terms

open market or private transaction, ARS/USD exchange rate, ten percent owner

3 terms

open market or private transaction financial

"transaction code description "Purchase in open market or private transaction""

ARS/USD exchange rate financial

"Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,512.17"

ten percent owner regulatory

"reporting person is marked as a director and ten percent owner"

FAQ

What insider transaction did PAM report for Marcos Marcelo Mindlin?

Pampa Energy Inc. reported that Marcos Marcelo Mindlin purchased 150,000 shares of common stock on 2026-08-27 in an open-market or private transaction at $3.382 per share, based on a currency conversion from Argentine pesos.

How many PAM shares does Marcos Marcelo Mindlin own after this transaction?

After the reported purchase, Marcos Marcelo Mindlin directly owns 22,180,592 shares of Pampa Energy Inc. common stock, according to the Form 4 disclosure.

At what price were the PAM shares bought in this Form 4 filing?

The 150,000 Pampa Energy Inc. shares were purchased at an effective price of $3.382 per share, with the dollar amount derived from prices in Argentine pesos using an ARS/USD exchange rate on the trade date.

What exchange rate was used to convert the PAM trade price into U.S. dollars?

The filing states that prices were converted to U.S. dollars using an ARS/USD exchange rate of 1,512.17 on the trade date, as reported by Bloomberg.

Was the PAM insider trade reported under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), so the transaction is not represented there as being effected under an affirmed 10b5-1 trading plan.

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

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Available on EDGAR 08/31/2026 - 05:00 PM Accepted by SEC EDGAR 08/31/2026 - 05:00 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 Marcos Marcelo

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

2a. Foreign Trading Symbol
[PAMP]

3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026

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	08/27/2026	08/28/2026	P		150,000	A	$3.382(1)	22,180,592	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 1,512.17 on the trade date, as reported by Bloomberg

	Mindlin Marcos Marcelo	08/31/2026
	** 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)