Mindlin Marcos Marcelo 4

What Happened Marcos Mindlin (listed as Mindlin Marcos Marcelo), a reported 10% owner of Pampa Energy Inc. (PAM), sold a total of 3,002,000 shares in two transactions: 1,502,000 shares on 2026-07-01 at $3.41 per share (total ~$5,115,812) and 1,500,000 shares on 2026-07-08 at $3.54 per share (total ~$5,317,500). Both trades were reported as open market or private sales (code S). The combined proceeds were approximately $10.43 million (USD), using the ARS/USD conversion rates noted in the filing.

Key Details

• Transaction dates and prices:
  • 2026-07-01 — 1,502,000 shares @ $3.41 ($5,115,812) — conversion used ARS/USD = 1,489 (Footnote F1)
  • 2026-07-08 — 1,500,000 shares @ $3.54 ($5,317,500) — conversion used ARS/USD = 1,488 (Footnote F2)
• Type: Sales (S) via open market or private sale.
• Shares owned after the transactions: not disclosed in the information provided in this summary.
• Filing timeliness: report filed on 2026-07-08 (period of report 2026-07-08); no late filing flag indicated in the provided data.
• Footnotes: prices converted from ARS to USD using Bloomberg exchange rates (F1 and F2).

Context

• As a 10% owner, Mindlin is a major shareholder rather than a corporate officer; such sales can reflect personal liquidity or portfolio decisions but do not, by themselves, indicate company performance. These were outright sales, not option exercises or awards.