Tamboran (TBN) awards 2,975 restricted stock units to company director

Rhea-AI Filing Summary

SHEFFIELD SCOTT D reported acquisition or exercise transactions in this Form 4 filing.

Tamboran Resources Corp director Scott D. Sheffield reported an equity compensation grant in the form of 2,975 restricted stock units, each representing one share of common stock. The RSUs vest on the earlier of June 1, 2027 or the next annual shareholders' meeting, contingent on his continued service. Following this award, he reports direct ownership of 326,961 shares of common stock, and has elected to defer receipt of the common shares underlying the RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SHEFFIELD SCOTT D

Role null

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

Holdings After Transaction: Common Stock — 326,961 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 2,975 units Price per share for grant: $0.0000 per share Shares owned after transaction: 326,961 shares +1 more

4 metrics

RSU grant size 2,975 units Restricted stock units awarded to director on June 1, 2026

Price per share for grant $0.0000 per share Reported transaction price on equity award

Shares owned after transaction 326,961 shares Direct common stock holdings after RSU award

RSU vesting date June 1, 2027 Latest possible vesting date for the RSU grant

Key Terms

restricted stock units, RSUs, annual shareholders' meeting, contingent right, +2 more

6 terms

restricted stock units financial

"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock."

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.

RSUs financial

"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

annual shareholders' meeting financial

"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,"

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 of the next annual shareholders' meeting occurring after the grant 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.

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^*

SHEFFIELD SCOTT D

(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	326,961	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 Scott D. Sheffield?

Tamboran Resources director Scott D. Sheffield received a grant of 2,975 restricted stock units. Each RSU represents a contingent right to one common share as part of his equity compensation package, rather than an open-market stock purchase or sale.

How many Tamboran Resources shares does Scott D. Sheffield hold after this Form 4?

After the reported RSU grant, Scott D. Sheffield reports direct ownership of 326,961 shares of Tamboran Resources common stock. This figure reflects his position following the award and helps investors gauge the size of this grant relative to his existing stake.

When do Scott D. Sheffield’s Tamboran RSUs from this grant vest?

The 2,975 RSUs will vest on the earlier of June 1, 2027 or the date of Tamboran Resources’ next annual shareholders’ meeting after the grant date. Vesting is subject to his continued service with the company through that vesting date.

Does Scott D. Sheffield receive Tamboran common stock immediately from these RSUs?

No. The filing states that Scott D. Sheffield has deferred receiving the common stock underlying the 2,975 RSUs. He holds a contingent right to the shares, with actual delivery occurring later in accordance with the company’s deferral and vesting conditions.

Is the reported Tamboran Resources Form 4 a stock purchase or sale?

The Form 4 reflects an equity grant, not a market trade. It shows a grant of 2,975 restricted stock units to director Scott D. Sheffield as compensation, coded as a grant or award acquisition rather than a traditional buy or sell transaction.