STOCK TITAN

Tamboran Resources (TBN) director awarded 3,318 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

PACE PHILLIP Z reported acquisition or exercise transactions in this Form 4 filing.

Tamboran Resources Corp director Phillip Z. Pace received a grant of 3,318 restricted stock units, each tied to one share of Common Stock. The RSUs vest in full on January 1, 2027, and he has deferred actually receiving the underlying shares. Following this award, he holds 41,708 shares directly.

Positive

  • None.

Negative

  • None.
Insider PACE PHILLIP Z
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,318 $0.00 --
Holdings After Transaction: Common Stock — 41,708 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 3,318 units Equity award to director on May 26, 2026
Grant price $0.00 per unit Compensation grant, not open-market purchase
Post-grant holdings 41,708 shares Common Stock held directly after transaction
Vesting date January 1, 2027 RSUs vest in full on this date
restricted stock units financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
vest in full financial
"The RSUs will vest in full on January 1, 2027"
deferred receiving financial
"The Reporting Person has deferred receiving the Common Stock"
SEC Form 4
FORM 4UNITED 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*
PACE PHILLIP Z

(Last)(First)(Middle)
SUITE 01, LEVEL 39, TOWER ONE
INT'L TOWERS, 100 BARANGAROO AVE.

(Street)
BARANGAROOAUSTRALIANSW 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/26/2026A3,318(1)A$041,708D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
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/ Rohan Vardaro, Attorney-in-Fact05/28/2026
** Signature of Reporting PersonDate
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 did Tamboran Resources (TBN) director Phillip Z. Pace receive in this Form 4?

Director Phillip Z. Pace received a grant of 3,318 restricted stock units. Each RSU represents a contingent right to one share of Tamboran Resources Common Stock, awarded as equity compensation rather than an open-market purchase.

When do Phillip Z. Pace’s 3,318 RSUs at Tamboran Resources (TBN) vest?

The 3,318 restricted stock units vest in full on January 1, 2027. Vesting means Pace will become entitled to receive the underlying Common Stock on that date, assuming any applicable service or other conditions are satisfied.

Did Phillip Z. Pace pay cash for the 3,318 Tamboran Resources (TBN) RSUs?

No cash was paid for the 3,318 RSUs; they were granted at a reported price of $0.00 per unit. This indicates the award is compensation-based equity rather than an open-market share purchase by the director.

How many Tamboran Resources (TBN) shares does Phillip Z. Pace hold after this RSU grant?

After the RSU award, Phillip Z. Pace is reported as holding 41,708 shares of Tamboran Resources Common Stock directly. This figure reflects his position following the 3,318-unit equity grant reported in the Form 4.

What does it mean that Phillip Z. Pace deferred receiving Tamboran Resources (TBN) Common Stock?

Deferring receipt means Pace has chosen not to immediately take delivery of the Common Stock underlying his RSUs. He will receive the actual shares later, consistent with the vesting schedule and any applicable deferral arrangements.