Tamboran Resources (TBN) director awarded 5,407 RSUs vesting in 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Tamboran Resources director Richard K. Stoneburner reported an equity compensation award. He received 5,407 restricted stock units (RSUs) of Common Stock at no cash cost, classified as a grant or award acquisition.

Each RSU represents a contingent right to receive one share of Common Stock and will vest in full on January 1, 2027. Stoneburner has deferred actually receiving the Common Stock. Following this award, he directly holds 104,729 shares of Common Stock and indirectly holds 14,724 shares through his spouse.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider STONEBURNER RICHARD K

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,407	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 104,729 shares (Direct, null); Common Stock — 14,724 shares (Indirect, By Spouse)

Footnotes (1)

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Key Figures

RSU grant size: 5,407 units RSU vesting date: January 1, 2027 Grant price: $0.0000 per share +2 more

5 metrics

RSU grant size 5,407 units Restricted stock units of Common Stock granted to director

RSU vesting date January 1, 2027 Date when RSUs vest in full

Grant price $0.0000 per share Cash price per RSU reported on grant

Direct holdings after award 104,729 shares Common Stock directly held following RSU grant

Indirect holdings via spouse 14,724 shares Common Stock indirectly owned through spouse

Key Terms

restricted stock units ("RSUs"), contingent right to receive, vest in full, Common Stock, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

contingent right to receive financial

"each of which represents a contingent right to receive one share of Common Stock"

vest in full financial

"The RSUs will vest in full on January 1, 2027"

Common Stock financial

"each of which represents a contingent right to receive one share of Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/28/2026 - 09:08 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STONEBURNER RICHARD K

(Last)

(First)

(Middle)

SUITE 01, LEVEL 39, TOWER ONE,

INT'L TOWERS, 100 BARANGAROO AVE.

(Street)

BARANGAROO

AUSTRALIA

NSW 2000

(City)

(State)

(Zip)

AUSTRALIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Tamboran Resources Corp [ TBN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/26/2026		A		5,407⁽¹⁾	A	$0	104,729	D
Common Stock								14,724	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock. The RSUs will vest in full on January 1, 2027. The Reporting Person has deferred receiving the Common Stock.

	/s/ Eric Dyer, Attorney-in-Fact	05/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Tamboran Resources (TBN) disclose for Richard K. Stoneburner?

Tamboran Resources reported that director Richard K. Stoneburner received 5,407 restricted stock units of Common Stock as a grant. The award carries no cash exercise price and is recorded as an equity compensation grant, not an open-market share purchase or sale.

When do Richard K. Stoneburner’s 5,407 RSUs in Tamboran Resources (TBN) vest?

The 5,407 restricted stock units granted to Richard K. Stoneburner will vest in full on January 1, 2027. Upon vesting, each RSU entitles him to receive one share of Tamboran Resources Common Stock, subject to his prior deferral election regarding share delivery.

How many Tamboran Resources (TBN) shares does Richard K. Stoneburner hold after this Form 4?

After the reported transactions, Richard K. Stoneburner directly holds 104,729 shares of Tamboran Resources Common Stock. In addition, 14,724 shares are reported as indirectly owned through his spouse, reflecting combined direct and indirect positions disclosed in the filing.

Are Richard K. Stoneburner’s new Tamboran Resources (TBN) RSUs an open-market purchase?

No, the 5,407 restricted stock units reported for Richard K. Stoneburner are a grant or award, not an open-market purchase. The Form 4 labels them with transaction code “A,” indicating a compensation-related acquisition at a price of $0.0000 per unit.

What does it mean that Richard K. Stoneburner deferred receiving Tamboran Resources (TBN) shares?

Deferral means Stoneburner chose to postpone actual delivery of Common Stock underlying his RSUs after vesting. He still holds the right to receive shares in the future, but the physical transfer of Tamboran Resources stock is delayed under his deferral election.