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Pampa Energy director Marcos Marcelo Mindlin buys $35.1 million of shares

Open market purchase reported on Form 4, filed Oct 16, 2026.

Octans ResearchPublished

Snapshot

Marcos Marcelo Mindlin, a director of Pampa Energy (PAM), bought 435,000 shares in open market purchases on Oct 15, 2026, about $35.1 million at an average price of $80.78 a share, according to a Form 4 filed with the SEC on Oct 16, 2026.

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Market Data

Latest prices for the companies covered in this article
Company1D %Price
($PAM)▼ −2.05%78.07

as of 16:00 ET · Realtime derived data

What We Know

The filing lists 1 open market purchase line: • Oct 15, 2026: 435,000 shares at $80.78.

After the last purchase, the filing reports 7,191,339 shares held directly in that account.

Octans View

The purchases raised the holding reported in that account by about 6.4%, computed from the filed share counts. An open market purchase is made with the insider's own money at the market price, unlike option exercises or stock awards, which this brief excludes. The filing does not say why the insider bought.

Bear Case · Room for Disagreement

Limits. Insiders must report trades within two business days; this brief covers one filing and does not net it against sales by the same person or other insiders. Prices are as filed; where a line shows a weighted average, the filing's footnotes give the range.

Method and source. Octans Research reads the structured Form 4 filed with the SEC, keeps open market purchases (code P) only, and computes the total value and the average price from the filed share counts and prices. The filed price must sit within 25% of the closing price on the trade date. The text is generated by a fixed template; no model wrote it.

Chart

$PAM adjusted close, last 6 months $PAM adjusted close, last 6 months: series falling from 82.9 to 79.7 (−3.9%) from 2026-04-23 to 2026-10-19. Scale 75 to 90. 75808590 2026-04-232026-10-19 $PAM ADJUSTED CLOSE, LAST 6 MONTHS −3.9% 79.7
Source: Tiingo · As of 2026-10-19Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Form 4 filed by Marcos Marcelo Mindlin for Pampa Energy, Oct 16, 2026

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$35.1M

Marcos Marcelo Mindlin, a director of Pampa Energy (PAM), bought 435,000 shares in open market… · Snapshot

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