Pampa Energía S.A. Sponsored ADR (PAM) Insider Trading

Cluster buy

3 insiders bought $42.7M of their own stock in 21 days.

Open-market purchases by executives and directors between Sep 25 and Oct 15. Buying is rarer than selling and says more, but it is one input, not a verdict.

Net open-market

+$13.6M

11 buys · 12 sales

Under a 10b5-1 plan

of the value sold

Insiders who bought / sold

3 / 2

executives and directors

Last open-market buy

Oct 2026

Oct 15, 2026

Get an email when PAM's executives or directors buy, or make a large sale outside a plan.

Trades · last 2 years

Date	Insider	Trade	Shares	Price	Value	Of their stake	Filing
Oct 15	Marcos Marcelo Mindlin Director	Bought	435,000	$80.78	$35.1M	6.4%	Form 4
Sep 28	Damian Miguel Mindlin Vicepresident	Bought 2 parts	1,432,197	$3.89 average	$5.56M	11%	Form 4
Sep 25	Gustavo Mariani Vicepresident	Bought	25,000	$78.26	$1.96M	1.6%	Form 4
Aug 31	Marcos Marcelo Mindlin Director	Bought	500,000	$3.44	$1.72M	2.3%	Form 4
Aug 27	Marcos Marcelo Mindlin Director	Bought	150,000	$3.38	$507k	0.7%	Form 4
Aug 21	Marcos Marcelo Mindlin Director	Bought	675,000	$3.38	$2.28M	3.2%	Form 4
Aug 18 – 19	Marcos Marcelo Mindlin Director	Bought 2 parts	1,299,925	$3.34 average	$4.35M	6.5%	Form 4
Jul 1 – 8	Marcos Marcelo Mindlin Director	SoldNo plan 2 parts	3,002,000	$3.48 average	$10.4M	13%	Form 4
Jun 26	Marcos Marcelo Mindlin Director	Bought	287,916	$3.37	$970k	1.3%	Form 4
Jun 24 – 25	Marcos Marcelo Mindlin Director	Bought 2 parts	1,122,778	$3.36 average	$3.78M	5.2%	Form 4
Jun 3	Damian Miguel Mindlin Vicepresident	SoldNo plan	555,000	$3.55	$1.97M	4.2%	Form 4
Jun 1	Damian Miguel Mindlin Vicepresident	SoldNo plan	814,000	$3.69	$3M	5.9%	Form 4
May 27	Marcos Marcelo Mindlin Director	Bought	275,000	$3.37	$927k	1.3%	Form 4
May 19	Marcos Marcelo Mindlin Director	SoldNo plan	1,800,000	$3.48	$6.26M	6.7%	Form 4
May 8	Marcos Marcelo Mindlin Director	SoldNo plan	1,800,000	$3.35	$6.03M	7.2%	Form 4
May 7 – 8	Gustavo Mariani Vice President	Bought 2 parts	50,000	$81.21 average	$4.06M	3.2%	Form 4
Apr 22	Marcos Marcelo Mindlin Director	SoldNo plan	1,500,000	$3.51	$5.26M	2.5%	Form 4
Apr 20	Marcos Marcelo Mindlin Director	SoldNo plan	1,250,000	$3.43	$4.29M	8.2%	Form 4
Apr 16	Marcos Marcelo Mindlin Director	SoldNo plan	1,675,000	$3.54	$5.93M	9.9%	Form 4
Apr 9	Damian Miguel Mindlin Vice President	SoldNo plan	57,500	$3.47	$200k	0.4%	Form 4
Mar 31	Damian Miguel Mindlin Vice President	SoldNo plan	500,000	$3.57	$1.78M	3.5%	Form 4
Mar 19 – 20	Damian Miguel Mindlin Vice President	SoldNo plan 2 parts	300,477	$3.41 average	$1.02M	2.0%	Form 4
Mar 18	Damian Miguel Mindlin Vice President	SoldNo plan 2 parts	429,000	$3.45 average	$1.48M	2.8%	Form 4

Oct 15
Marcos Marcelo Mindlin
Director · bought 435,000 at $80.78
$35.1M
6.4% of stake
Sep 28
Damian Miguel Mindlin
Vicepresident · bought 1,432,197 at avg $3.89
$5.56M
11% of stake
Sep 25
Gustavo Mariani
Vicepresident · bought 25,000 at $78.26
$1.96M
1.6% of stake
Aug 31
Marcos Marcelo Mindlin
Director · bought 500,000 at $3.44
$1.72M
2.3% of stake
Aug 27
Marcos Marcelo Mindlin
Director · bought 150,000 at $3.38
$507k
0.7% of stake
Aug 21
Marcos Marcelo Mindlin
Director · bought 675,000 at $3.38
$2.28M
3.2% of stake
Aug 18 – 19
Marcos Marcelo Mindlin
Director · bought 1,299,925 at avg $3.34
$4.35M
6.5% of stake
Jul 1 – 8No plan
Marcos Marcelo Mindlin
Director · sold 3,002,000 at avg $3.48
$10.4M
13% of stake
Jun 26
Marcos Marcelo Mindlin
Director · bought 287,916 at $3.37
$970k
1.3% of stake
Jun 24 – 25
Marcos Marcelo Mindlin
Director · bought 1,122,778 at avg $3.36
$3.78M
5.2% of stake
Jun 3No plan
Damian Miguel Mindlin
Vicepresident · sold 555,000 at $3.55
$1.97M
4.2% of stake
Jun 1No plan
Damian Miguel Mindlin
Vicepresident · sold 814,000 at $3.69
$3M
5.9% of stake
May 27
Marcos Marcelo Mindlin
Director · bought 275,000 at $3.37
$927k
1.3% of stake
May 19No plan
Marcos Marcelo Mindlin
Director · sold 1,800,000 at $3.48
$6.26M
6.7% of stake
May 8No plan
Marcos Marcelo Mindlin
Director · sold 1,800,000 at $3.35
$6.03M
7.2% of stake
May 7 – 8
Gustavo Mariani
Vice President · bought 50,000 at avg $81.21
$4.06M
3.2% of stake
Apr 22No plan
Marcos Marcelo Mindlin
Director · sold 1,500,000 at $3.51
$5.26M
2.5% of stake
Apr 20No plan
Marcos Marcelo Mindlin
Director · sold 1,250,000 at $3.43
$4.29M
8.2% of stake
Apr 16No plan
Marcos Marcelo Mindlin
Director · sold 1,675,000 at $3.54
$5.93M
9.9% of stake
Apr 9No plan
Damian Miguel Mindlin
Vice President · sold 57,500 at $3.47
$200k
0.4% of stake
Mar 31No plan
Damian Miguel Mindlin
Vice President · sold 500,000 at $3.57
$1.78M
3.5% of stake
Mar 19 – 20No plan
Damian Miguel Mindlin
Vice President · sold 300,477 at avg $3.41
$1.02M
2.0% of stake
Mar 18No plan
Damian Miguel Mindlin
Vice President · sold 429,000 at avg $3.45
$1.48M
2.8% of stake

How to read this. Insiders sell for many reasons: taxes, diversifying, a house. Open-market buys are rarer and say more. A 10b5-1 plan is a trading schedule set up months in advance, so those sales were not timed on news. Large holders (funds and 10% owners) are listed under Everything but not counted as insiders. If you own or watch PAM, we send a push when an executive buys or makes a large sale outside a plan.

Source: SEC Form 4 filings, filed within two business days of each trade and checked for new ones every hour.

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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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