Director at Tamboran (TBN) receives 25,271-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STONEBURNER RICHARD K reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Richard K. Stoneburner received an equity award in the form of common stock. On 12/05/2025, he was granted 25,271 shares of fully vested restricted stock at a price of $0 per share. Following this award, he beneficially owned 90,919 shares of Tamboran common stock directly. In addition, 14,724 shares are reported as indirectly owned through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
STONEBURNER RICHARD K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 25,271 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 90,919 shares (Direct);
Common Stock — 14,724 shares (Indirect, By Spouse)
Footnotes (1)
- Represents an award of fully vested restricted stock. The amount reported in Column 5 of Table I reflects the number of securities beneficially owned as of the date of this filing.
FAQ
What insider transaction did Tamboran Resources (TBN) report for Richard K. Stoneburner?
Tamboran Resources reported that director Richard K. Stoneburner received an award of 25,271 shares of fully vested restricted common stock. This grant increased his directly beneficially owned Tamboran common shares, as reflected in the updated post-transaction holding disclosed in the filing.
Was the Tamboran Resources (TBN) Form 4 transaction a stock purchase or an award?
The transaction was an award, not an open-market stock purchase. The Form 4 identifies a grant or other acquisition coded as “A,” and the footnote clarifies that it represents an award of fully vested restricted stock, with a reported price per share of $0.
What does the indirect ownership by spouse mean in the Tamboran (TBN) Form 4?
The Form 4 lists 14,724 Tamboran common shares as indirectly owned with the notation “By Spouse.” This indicates those shares are held through the spouse, and they are reported as part of Richard K. Stoneburner’s indirect beneficial ownership position in the company’s stock.
What transaction code is used in the Tamboran Resources (TBN) Form 4, and what does it signify?
The filing uses transaction code “A” for the 25,271-share entry, which denotes a grant, award, or other acquisition of securities. This confirms the shares were received as an equity award rather than bought or sold in a market transaction.
Who is the reporting person in this Tamboran Resources (TBN) insider filing and what is their role?
The reporting person is Richard K. Stoneburner, identified as a director of Tamboran Resources Corp. His status as a director makes him a reporting insider under Section 16, requiring disclosure of equity awards and changes in his beneficial ownership of the company’s common stock.