Director at Tamboran Resources (TBN) awarded 2,975 RSUs in equity grant

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 an equity award of 2,975 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock at no cash cost per share.

The RSUs vest on the earlier of June 1, 2027 or the date of the next annual shareholders' meeting after the grant date, conditioned on his continued service with Tamboran through that vesting date. Following this grant, the Form 4 reports that Pace holds 44,683 shares of Common Stock directly. The filing also notes that he has deferred receiving the underlying Common Stock from this RSU award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PACE PHILLIP Z

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,975	$0.00	--

Holdings After Transaction: Common Stock — 44,683 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU award size: 2,975 RSUs Grant price per share: $0.0000 per share Shares following transaction: 44,683 shares +1 more

4 metrics

RSU award size 2,975 RSUs Grant to director on 2026-06-01

Grant price per share $0.0000 per share Equity compensation award

Shares following transaction 44,683 shares Common Stock held directly after grant

Vesting date trigger June 1, 2027 Or earlier next annual shareholders' meeting

Key Terms

restricted stock units ("RSUs"), contingent right, vest, annual shareholders' meeting, +1 more

5 terms

restricted stock units ("RSUs") financial

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

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 financial

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

vest financial

"The RSUs will vest on the earlier of (i) June 1, 2027 and (ii) the date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual shareholders' meeting financial

"the earlier of (i) June 1, 2027 and (ii) the date of the next annual shareholders' meeting"

deferred receiving the Common Stock financial

"The Reporting Person has deferred receiving the Common Stock."

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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^*

PACE PHILLIP Z

(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)
06/01/2026

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	06/01/2026		A		2,975(1)	A	$0	44,683	D

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:

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 on the earlier of (i) June 1, 2027 and (ii) the date of the next annual shareholders' meeting occurring after the grant date, subject to the Reporting Person's continued service with the Issuer through such vesting date. The Reporting Person has deferred receiving the Common Stock.

	/s/ Rohan Vardaro, Attorney-in-Fact	06/03/2026
	** 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 transaction did Tamboran Resources (TBN) report for Phillip Z. Pace?

Tamboran Resources reported that director Phillip Z. Pace received an award of 2,975 restricted stock units. Each RSU represents a contingent right to one share of Common Stock, granted at a price of $0.0000 per share as equity compensation.

When do Phillip Z. Pace’s 2,975 RSUs at Tamboran Resources (TBN) vest?

The 2,975 RSUs vest on the earlier of June 1, 2027 or the date of Tamboran’s next annual shareholders' meeting after the grant. Vesting requires Pace to continue serving the company through the relevant vesting date under the award terms.

How many Tamboran Resources (TBN) shares does Phillip Z. Pace hold after this Form 4?

After this equity award, the Form 4 shows that Phillip Z. Pace holds 44,683 shares of Tamboran Resources Common Stock directly. This total reflects his position following the grant of 2,975 RSU-linked shares reported in the filing.

Did Phillip Z. Pace buy or sell Tamboran Resources (TBN) shares in the market?

The filing does not show any open-market buying or selling. It reports a grant-type acquisition coded “A,” representing 2,975 restricted stock units awarded as compensation, with a transaction price of $0.0000 per share rather than a market trade.

Has Phillip Z. Pace deferred receipt of his Tamboran Resources (TBN) RSU shares?

Yes. The footnote states that Phillip Z. Pace has deferred receiving the Common Stock underlying the 2,975 RSUs. He currently holds a contingent right to the shares, which will be delivered after vesting under the award’s deferral terms.