Tamboran director acquires 181,274 company shares

Tamboran Resources Corp director Scott D. Sheffield reported acquiring additional common stock in the company.

Rhea-AI Filing Summary

Tamboran Resources Corp director Scott D. Sheffield reported acquiring additional common stock in the company. On January 16, 2026, he acquired 181,274 shares of Tamboran Resources common stock at a price of $21 per share. Following this transaction, he beneficially owned a total of 285,440 common shares, held in direct ownership. This filing reflects an increase in his equity stake as a board member of the company.

Insider Trade Summary

Grant/Award: 181,274 shares

Grant/Award 1 txn

Insider SHEFFIELD SCOTT D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	181,274	$21.00	$3.81M

Holdings After Transaction: Common Stock — 285,440 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Tamboran Resources Corp (TBN) report?

Tamboran Resources Corp reported that director Scott D. Sheffield acquired 181,274 shares of the company’s common stock on January 16, 2026 at $21 per share.

Who is the reporting person in this Tamboran Resources (TBN) Form 4 filing?

The reporting person is Scott D. Sheffield, who is identified as a director of Tamboran Resources Corp.

How many Tamboran Resources (TBN) shares does Scott D. Sheffield own after the reported transaction?

After acquiring additional shares, Scott D. Sheffield beneficially owned 285,440 shares of Tamboran Resources common stock in direct ownership.

What was the price paid per share in the Tamboran Resources (TBN) insider acquisition?

The reported acquisition of Tamboran Resources common stock by director Scott D. Sheffield was made at a price of $21 per share.

Is the Tamboran Resources (TBN) Form 4 transaction classified as an acquisition or a disposition?

The Form 4 shows transaction code "A", indicating an acquisition of 181,274 shares of Tamboran Resources common stock.

Is Scott D. Sheffield’s ownership in Tamboran Resources (TBN) direct or indirect after this Form 4 transaction?

The filing reports direct (D) ownership, with 285,440 common shares of Tamboran Resources held directly by Scott D. Sheffield.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 01/21/2026 - 04:30 PM Learn about SEC filing dates

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^*

SHEFFIELD SCOTT D

(Last) (First) (Middle)

SUITE 01, LEVEL 39, TOWER ONE,

INT'L TOWERS, 100 BARANGAROO AVE.

(Street)

BARANGAROO C3 NSW 2000

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/16/2026

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

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

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

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	01/16/2026		A		181,274	A	$21	285,440	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:

	/s/ Rohan Vardaro, Attorney-in-Fact	01/21/2026
	** 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.