Pampa Energy (PAM) 10% Owner Mindlin Marcos Marcelo Buys Stock

What Happened
Mindlin Marcos Marcelo, a reported 10% owner of Pampa Energy Inc. (PAM), purchased a total of 1,299,925 shares in two transactions. On 2026-08-18 he acquired 396,950 shares at $3.35 per share (about $1,327,798), and on 2026-08-19 he acquired 902,975 shares at $3.34 per share (about $3,015,034). Both transactions are reported as purchases (Form 4 code P), so these were insider buys rather than sales.

Key Details

• Transaction dates & prices:
  • 2026-08-18: 396,950 shares @ $3.35 — $1,327,798 (F1: USD conversion using ARS/USD = 1,495)
  • 2026-08-19: 902,975 shares @ $3.34 — $3,015,034 (F2: USD conversion using ARS/USD = 1,497.24)
• Total acquired: 1,299,925 shares; total cost ≈ $4,342,832
• Shares owned after transaction: Not specified in the supplied summary—see the Form 4 for post-trade beneficial ownership
• Notable footnotes: Prices converted to USD from ARS using Bloomberg exchange rates (F1, F2)
• Filing timeliness: Form filed 2026-08-20 (Accession 0002022936-26-000012), within two business days of the trades; no late filing indicated

Context
As a 10% owner, Mindlin is a substantial shareholder; purchases by large insiders are noteworthy but are not proof of future company performance. The filing reports open-market or private purchases (code P). For full details (post-transaction holdings, any 10b5-1 plan or other disclosures), review the complete Form 4 on the SEC EDGAR site (Accession 0002022936-26-000012).