Tamboran Resources (TBN) CEO receives 156,234-share RSU grant package
Rhea-AI Filing Summary
Tamboran Resources Corp reported that Chief Executive Officer Todd Christopher Abbott received equity awards in the form of restricted stock units on January 15, 2026. He was granted 32,660 RSUs and an additional 123,574 RSUs, each representing a contingent right to receive one share of common stock at a price of $0 per unit. Following these awards, he beneficially owned 156,234 shares of common stock, including the RSUs. The first RSU award will vest in three substantially equal installments beginning on January 15, 2027, while the second award will vest in full on January 15, 2029.
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FAQ
What insider transaction did Tamboran Resources Corp (TBN) report?
Tamboran Resources Corp (TBN) reported that Chief Executive Officer Todd Christopher Abbott received two grants of restricted stock units (RSUs) on January 15, 2026, increasing his beneficial holdings of the company’s common stock.
How many Tamboran Resources (TBN) shares were granted to the CEO?
The CEO received RSU awards covering 32,660 shares of common stock and an additional 123,574 shares, for a total of 156,234 shares beneficially owned after the reported transactions.
At what price were the Tamboran Resources (TBN) RSUs granted?
The restricted stock units reported for Tamboran Resources (TBN) were granted at a price of $0 per unit, reflecting equity compensation rather than an open-market purchase.
When do the CEO’s Tamboran Resources (TBN) RSUs vest?
The 32,660 RSUs will vest in three substantially equal installments beginning on January 15, 2027, and the 123,574 RSUs will vest in full on January 15, 2029, assuming applicable vesting conditions are met.
What is the CEO’s ownership status after this Tamboran Resources (TBN) Form 4?
After the reported RSU grants, Chief Executive Officer Todd Christopher Abbott is shown as beneficially owning 156,234 shares of Tamboran Resources common stock in direct form.
Is the Tamboran Resources (TBN) CEO a director or 10% owner according to this filing?
According to the filing, the reporting person is an officer, serving as Chief Executive Officer, and is not identified as a director or a 10% owner.