COO at Tamboran (NYSE: TBN) awarded 7,143 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tamboran Resources Corp reported that Chief Operating Officer Faron James Thibodeaux received a grant of 7,143 shares of common stock on April 14, 2026. The shares were valued at $35.00 per share for reporting purposes and represent a compensation-related award, not an open-market purchase.
Following this grant, Thibodeaux directly owns 153,311 shares of Tamboran common stock. The filing characterizes the transaction as a “grant, award, or other acquisition,” indicating routine equity compensation rather than a discretionary trading decision.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thibodeaux Faron James
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,143 | $35.00 | $250K |
Holdings After Transaction:
Common Stock — 153,311 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 7,143 shares
Reported grant price: $35.00 per share
Shares held after grant: 153,311 shares
3 metrics
Shares granted
7,143 shares
Equity grant to COO on April 14, 2026
Reported grant price
$35.00 per share
Value used for the common stock award
Shares held after grant
153,311 shares
COO’s direct Tamboran common stock holdings post-transaction
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "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 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Tamboran Resources (TBN) report for its COO?
Tamboran Resources reported that its Chief Operating Officer, Faron James Thibodeaux, received a grant of 7,143 shares of common stock. The transaction is classified as a grant or award, indicating it is part of equity compensation rather than an open-market share purchase or sale.
At what value was the Tamboran Resources (TBN) stock grant to the COO reported?
The 7,143-share stock grant to Tamboran’s COO was reported at a price of $35.00 per share. This value is used for disclosure purposes in the Form 4 and reflects how the equity award is measured, not necessarily an open-market trading price at the time.
Was the Tamboran Resources (TBN) COO transaction a buy or a grant?
The COO transaction was a grant, not an open-market buy. The Form 4 uses transaction code “A” and describes it as a “Grant, award, or other acquisition,” meaning the shares were awarded as compensation rather than purchased on the stock market by the insider.