[Form 4] Pampa Energy Inc. Insider Trading Activity

Rhea-AI Filing Summary

Pampa Energy Inc. director and ten percent owner Marcos Marcelo Mindlin reported significant open-market purchases of the company’s common stock. He bought 739,178 shares on June 24 at a price of $3.355 per share and 383,600 shares on June 25 at $3.365 per share, for a total of 1,122,778 shares acquired. After these transactions, his direct holdings increased to 22,769,751 common shares. The reported U.S. dollar prices reflect conversions from Argentine pesos using ARS/USD exchange rates of 1,477 and 1,479 on the respective trade dates.

Insights

Insider trading analyst

Large open-market buying by a major insider increases direct equity exposure.

Director and ten percent owner Marcos Marcelo Mindlin executed two open-market purchases of Pampa Energy common stock. He acquired 739,178 shares at $3.355 and 383,600 shares at $3.365 per share, totaling 1,122,778 additional shares.

These are straightforward non-derivative transactions, not option exercises or compensation grants, and therefore represent active buying decisions. Following the trades, his direct holdings stand at 22,769,751 shares, indicating that the purchased amount is meaningful but still a minority portion of his overall position.

The filing notes that transaction prices were converted from Argentine pesos using ARS/USD exchange rates of 1,477 and 1,479 on the trade dates, which may matter for investors assessing local-currency price levels versus the U.S.-traded share price.

Insider Trade Summary

Net Buyer: 1,122,778 shares ($3,770,756)

Net Buy 2 txns

Insider Mindlin Marcos Marcelo

Role null

Bought 1,122,778 shs ($3.77M)

Type	Security	Shares	Price	Value
Purchase	Cammon Stock	383,600	$3.365	$1.29M
Purchase	Cammon Stock	739,178	$3.355	$2.48M

Holdings After Transaction: Cammon Stock — 22,769,751 shares (Direct, null)

Footnotes (1)

1. Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,479 on the trade date, as reported by Bloomberg Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,477 on the trade date, as reported by Bloomberg

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/26/2026 - 04:46 PM Accepted by SEC EDGAR 06/26/2026 - 04:45 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)
06/24/2026

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	06/24/2026	06/25/2026	P		739,178	A	$3.355(1)	22,386,151	D
Cammon Stock	06/25/2026	06/26/2026	P		383,600	A	$3.365(2)	22,769,751	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 1,479 on the trade date, as reported by Bloomberg

2. Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,477 on the trade date, as reported by Bloomberg

	Mindlin Marcos Marcelo	06/26/2026
	** 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)