Tamboran Resources (TBN) director receives 7,500-share stock awards

Rhea-AI Filing Summary

Tamboran Resources director David N. Siegel reported stock awards rather than open-market trades. On April 14, 2026, he acquired 5,000 shares of Common Stock at $35.00 per share, increasing his direct holdings to 351,621 shares.

On the same date, an additional 2,500 shares at $35.00 per share were recorded as indirectly owned "By Son," bringing that indirect position to 122,500 shares. Both transactions are coded as grants or awards, reflecting compensation-related acquisitions rather than market purchases.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SIEGEL DAVID N

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,000	$35.00	$175K
Grant/Award	Common Stock	2,500	$35.00	$88K

Holdings After Transaction: Common Stock — 351,621 shares (Direct); Common Stock — 122,500 shares (Indirect, By Son)

Footnotes (1)

Key Figures

Direct award: 5,000 shares at $35.00 Indirect award (son): 2,500 shares at $35.00 Direct holdings after transaction: 351,621 shares +2 more

5 metrics

Direct award 5,000 shares at $35.00 Common Stock grant to David N. Siegel on April 14, 2026

Indirect award (son) 2,500 shares at $35.00 Common Stock grant reported as indirectly owned "By Son" on April 14, 2026

Direct holdings after transaction 351,621 shares Common Stock directly owned by David N. Siegel following awards

Indirect holdings after transaction 122,500 shares Common Stock indirectly owned "By Son" following awards

Total awards reported 7,500 shares Sum of direct and indirect Common Stock awards on April 14, 2026

Key Terms

grant/award acquisition, indirect ownership, Common Stock

3 terms

grant/award acquisition financial

"Transactions are coded A with description "Grant, award, or other acquisition"."

indirect ownership financial

"An entry shows ownership code I with nature of ownership noted as "By Son"."

Common Stock financial

"Both reported transactions involve the security titled "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.

Form 4 Insider Transactions: What Each Field Means →

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^*

SIEGEL DAVID N

(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)
04/14/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/14/2026		A		5,000	A	$35	351,621	D
Common Stock	04/14/2026		A		2,500	A	$35	122,500	I	By Son

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Eric Dyer, Attorney-in-Fact	04/16/2026
	** 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)

FAQ

What insider transactions did Tamboran Resources (TBN) report for David N. Siegel?

Tamboran Resources reported that director David N. Siegel received stock awards on April 14, 2026. He acquired 5,000 Common Stock shares directly and 2,500 shares were recorded as indirectly owned through his son, both at $35.00 per share.

Were the TBN Form 4 transactions open-market buys or compensation grants?

The TBN Form 4 transactions are classified as grants or awards, not open-market buys. Both entries use transaction code A, indicating stock was acquired as compensation or similar award rather than purchased on the open market.

How many Tamboran Resources shares does David N. Siegel hold after these awards?

After these awards, David N. Siegel directly holds 351,621 Tamboran Resources Common Stock shares. Indirectly, through his son, 122,500 additional shares are reported, reflecting a separate ownership line designated as "By Son".

What prices were reported for the TBN stock awards to David N. Siegel?

Both stock awards to David N. Siegel used a reported price of $35.00 per share. This price applies to the 5,000 directly held shares and the 2,500 indirectly held shares attributed to his son, as shown in the Form 4 data.

How are indirect holdings reported for TBN director David N. Siegel on the Form 4?

Indirect holdings are reported with an ownership code I and nature of ownership "By Son." After the transaction, 122,500 Tamboran Resources shares are listed as indirectly owned through his son, separate from his 351,621 directly held shares.