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sellModerate cluster of 2

Marcos Marcelo Mindlin sold $4.3M of PAM

director, owner at Pampa Energy Inc.. 1,250,000 shares at an average of $3.43, traded Apr 20, 2026, filed Apr 21, 2026.

Warning score
48
Value
$4.3M
1,250,000 shares
Holdings after
13,971,973
-8% from before
From 52-week low
+45%
low $56.55, close $81.93
From 52-week high
-11%
high $92.27, as of Apr 20, 2026

Score components

  • Role
    Director
    +15
  • Trade size
    $4.3M at market
    +25
  • Share of holdings sold
    Sold 8.2% of holdings
    0
  • Cluster
    2 insiders selling within 14 days
    +8

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m -1.6%, 3m +5.2%, 6m -.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

PAMOct 12, 2026 · close 81.53
Since filing Apr 21, 2026: -1.8%SPY +11.1% · excess -12.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0002022936-26-000004, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Apr 20, 2026SOpen-market sale
Cammon Stock
-1,250,000$3.43$4.3M13,971,973Apr 21, 2026

Related signals

Other insiders at Pampa Energy Inc. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
55Moderate
PAMbuy 2
Pampa Energy Inc.
Damian Miguel Mindlin
Vicepresident
$5.6M
1,432,197 shares
+11%
52Moderate
PAMbuy 2
Pampa Energy Inc.
Gustavo Mariani
Vicepresident
$2.0M
25,000 shares
+2%
45Moderate
PAMbuy
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$1.7M
500,000 shares
+2%
33Weak
PAMbuy
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$507k
150,000 shares
+1%
45Moderate
PAMbuy
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$2.3M
675,000 shares
+3%
48Moderate
PAMbuy
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$4.3M
1,299,925 shares
+6%
45Moderate
PAMsell
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$10M
3,002,000 shares
-13%
45Moderate
PAMbuy
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$969k
287,916 shares
+1%
48Moderate
PAMbuy
Pampa Energy Inc.
Marcos Marcelo Mindlin
director, owner
$3.8M
1,122,778 shares
+5%
40Moderate
PAMsell
Pampa Energy Inc.
Damian Miguel Mindlin
Vicepresident
$2.0M
555,000 shares
-4%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Marcos Marcelo Mindlin sold $4.3M of PAM | InsiderTell