PAM Pampa Energía S.A.

NYSE
$76.09

Pampa Energía S.A. (PAM) Insider Activity

What the officers, directors and large holders did with their own shares. Only open-market purchases and sales count toward the totals — grants, option exercises and shares withheld for tax are compensation mechanics, not decisions, and they're listed separately below.

Insider signal Bullish Insiders bought more than they sold over this window — uncommon at any size.
Cluster activity 1 buyer in the last 30 days 2 buyers in the last 90 days 1 seller in the last 90 days
Insiders buying
2
5 transactions
Insiders selling
1
1 transaction
Purchases
$9.1M
2,149,925 shares
Sales
$5.3M
1,500,000 shares
Net activity
$3.8M
purchases less sales

How much of that selling was preplanned? 0% planned / 100% discretionary

10b5-1 plan sales $0 0 transactions · 0 shares
Discretionary sales $5.3M 1 transaction · 1,500,000 shares

Largest single sale: $5.3M.

Where they traded

Buy Sell Dot area is proportional to transaction value.

Last open-market purchase: September 25, 2026 , by Mariani Gustavo .

Recent open-market activity

Date Insider Role Action Shares Price Value Held after
Mariani Gustavo Vicepresident Buy 25,000 $78.26 $2.0M 1,616,184
Mindlin Marcos Marcelo Director Buy 150,000 $3.38 $507.3K 22,180,592
Mindlin Marcos Marcelo Director Buy 675,000 $3.38 $2.3M 22,030,592
Mindlin Marcos Marcelo Director Buy 902,975 $3.34 $3.0M 21,355,592
Mindlin Marcos Marcelo Director Buy 396,950 $3.35 $1.3M 20,452,617
Mindlin Marcos Marcelo Director Sell 1,500,000 $3.54 $5.3M 20,055,667 −7% of holding

Form 4s are due within two business days of a transaction, so this is close to real time — unlike the quarterly 13F data on the Institutional tab. A single large sale often reflects a prearranged 10b5-1 plan rather than a fresh view, so read a pattern of sales rather than any one of them.