Pampa Energy (NYSE: PAM) VP sells 57,500 shares in open-market trade

Rhea-AI Filing Summary

Pampa Energy Inc. vice president Damian Miguel Mindlin reported an open-market sale of 57,500 shares of common stock on April 9, 2026 at $3.472 per share. After this transaction, he directly holds 13,910,870 shares, so the sale represents a small portion of his reported stake.

Insider Trade Summary

Net Seller: 57,500 shares ($199,640)

Net Sell 1 txn

Insider Mindlin Damian Miguel

Role Vice President

Sold 57,500 shs ($200K)

Type	Security	Shares	Price	Value
Sale	Cammon Stock	57,500	$3.472	$200K

Holdings After Transaction: Cammon Stock — 13,910,870 shares (Direct)

Footnotes (1)

Key Figures

Shares sold: 57,500 shares Sale price: $3.472 per share Shares held after transaction: 13,910,870 shares

3 metrics

Shares sold 57,500 shares Open-market sale of common stock

Sale price $3.472 per share Price for the 57,500-share sale

Shares held after transaction 13,910,870 shares Direct ownership following the sale

Key Terms

open-market sale, non-derivative, Cammon Stock

3 terms

open-market sale financial

"transaction_action is recorded as an open-market sale of shares"

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 is listed as non-derivative for this trade"

Cammon Stock financial

"security_title identifies the security as Cammon Stock"

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^*

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)
04/09/2026

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	04/09/2026	04/10/2026	S		57,500	D	$3.472	13,910,870	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	04/10/2026
	** 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 Inc. (PAM) disclose for Damian Miguel Mindlin?

Pampa Energy Inc. disclosed that vice president Damian Miguel Mindlin executed an open-market sale of 57,500 shares of common stock. The transaction took place on April 9, 2026, and was reported on a Form 4 insider trading filing with U.S. regulators.

How many Pampa Energy (PAM) shares did the vice president sell and at what price?

The vice president sold 57,500 shares of Pampa Energy common stock at a price of $3.472 per share. This sale was classified as a non-derivative, open-market transaction, according to the Form 4 insider trading disclosure data.

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

After the open-market sale, Damian Miguel Mindlin directly holds 13,910,870 Pampa Energy common shares. This post-transaction balance shows that the 57,500 shares sold are relatively small compared to his remaining reported direct ownership position in the company.

Was the Pampa Energy (PAM) insider transaction a derivative or non-derivative trade?

The reported insider transaction was a non-derivative trade in Pampa Energy common stock. The Form 4 indicates the security as common stock and classifies the transaction type as non-derivative, reflecting a straightforward open-market sale rather than an option or other derivative exercise.

What does a Form 4 filing like this mean for Pampa Energy (PAM) investors?

A Form 4 filing reports recent insider trading activity by company officers or directors. In this case, it shows a vice president selling 57,500 common shares, while still holding over 13.9 million shares, giving investors transparency into management’s trading behavior and retained ownership levels.