Mindlin Damian Miguel 4

What Happened

• Damian Miguel Mindlin, Vice President of Pampa Energy Inc. (PAM), sold a total of 300,477 shares in two transactions, disposing of 300,000 shares at $3.41 each (total ~$1,023,000) on 2026-03-19 and 477 shares at $3.65 each (total ~$1,741) on 2026-03-20. Both transactions are reported as sales (code S) via open market or private sale. Total proceeds reported are approximately $1,024,741 (amounts shown in USD after currency conversion).

Key Details

• Transaction dates and prices:
  • 2026-03-19: 300,000 shares at $3.41 — $1,023,000 (F1: USD conversion used ARS/USD = 1,394.50 per Bloomberg).
  • 2026-03-20: 477 shares at $3.65 — $1,741 (F2: USD conversion used ARS/USD = 1,390.5 per Bloomberg).
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Footnotes: Prices were converted to USD using Bloomberg ARS/USD rates (F1 and F2 as noted above).
• Filing date / timeliness: Form 4 filed 2026-03-23 reporting transactions dated 2026-03-19 and 2026-03-20. The filing does not indicate a late-filed designation.
• No 10b5-1 plan, option exercise, award, gift, or tax-withholding detail is disclosed in this filing.

Context

• These are outright share sales (dispositions). Sales by insiders can be routine (liquidity, portfolio rebalancing, tax needs) and do not by themselves indicate company performance or insider sentiment. Retail investors should combine this disclosure with other filings and company news before drawing conclusions.