Mindlin Damian Miguel 4

What Happened
Damian Miguel Mindlin, Vice President of Pampa Energy Inc. (PAM), sold 814,000 shares on June 1, 2026. The shares were disposed at an effective price of $3.69 per share (USD), for total proceeds of $3,003,660. The filing classifies the transaction as a sale (S) via open market or private sale.

Key Details

• Transaction date: 2026-06-01; Filing (Form 4) date: 2026-06-02 — filing appears timely.
• Price per share: $3.69 (USD); Total proceeds: $3,003,660.
• Shares sold: 814,000.
• Shares owned after the transaction: not specified in the filing.
• Footnote: Prices converted to U.S. dollars using the ARS/USD exchange rate of 1,426 on the trade date, per Bloomberg.
• Transaction code: S = Sale (open market or private sale).

Context
This was a straight sale of existing shares. Insider sales can reflect many reasons (liquidity needs, diversification, planned sales) and are not by themselves evidence of company-specific problems or a change in insider views. Purchases generally carry more informational weight for bullish signals than routine sales.