Mindlin Damian Miguel 4

What Happened

• Damian Miguel Mindlin, Vice President of Pampa Energy Inc. (PAM), reported the sale of 555,000 shares on 2026-06-03. The filing lists the transaction as an open-market or private sale (code S) at $3.55 per share, with a reported total value of $1,971,915 (USD-equivalent).
• This was a sale (not a purchase), which is often routine insider selling and does not necessarily indicate a change in company outlook.

Key Details

• Transaction date and price: 2026-06-03 — 555,000 shares at $3.55 per share.
• Reported proceeds: $1,971,915 (USD-equivalent).
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: Prices were converted to U.S. dollars using the ARS/USD exchange rate of 1,460 on the trade date, per Bloomberg.
• Filing timing: Form 4 was filed 2026-06-05 for the 2026-06-03 trade; this appears to be within the standard two-business-day reporting window.

Context

• Sales by officers can be routine (diversification, personal needs, pre-set plans) and do not by themselves imply insider pessimism. Purchases generally provide stronger signals about insider confidence.
• The filing indicates a direct sale (S). No options exercise, award, or gift actions were reported in this transaction.