Tamboran director buys 6,990 shares in open market
Tamboran Resources Corp director Scott D. Sheffield reported an open-market purchase of 6,990 shares of Common Stock.
Accepted by SEC EDGAR
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Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Tamboran Resources Corp director Scott D. Sheffield reported an open-market purchase of 6,990 shares of Common Stock. The weighted average purchase price was $36.0192 per share, with individual trades executed between $35.89 and $36.1385 per share. After these transactions, Sheffield directly owns 292,430 shares of Tamboran Resources common stock.
Insider Trade Summary
Net Buyer: 6,990 shares
Net Buy
1 txn
Insider
SHEFFIELD SCOTT D
Role
Director
Bought
6,990 shs ($252K)
Increase in Position
2.4%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,990 | $36.0192 | $252K |
Holdings After Transaction:
Common Stock — 292,430 shares (Direct)
Holdings Before and After:
Common Stock, 285,440 to 292,430 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $35.89 to $36.1385, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth herein.
Key Figures
Shares purchased: 6,990 shares
Weighted average price: $36.0192 per share
Post-transaction holdings: 292,430 shares
+1 more
4 metrics
Shares purchased
6,990 shares
Open-market purchase of Common Stock
Weighted average price
$36.0192 per share
Average price for 6,990-share purchase
Post-transaction holdings
292,430 shares
Common Stock owned directly after purchase
Price range of trades
$35.89–$36.1385 per share
Range for multiple executed transactions
Key Terms
open-market purchase, weighted average price, Common Stock, Form 4
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tamboran Resources (TBN) report on this Form 4?
Tamboran Resources reported that director Scott D. Sheffield made an open-market purchase of 6,990 shares of Common Stock. The transaction increased his direct ownership stake and was executed across multiple trades at prices between $35.89 and $36.1385 per share.
Was the Tamboran Resources (TBN) insider transaction a buy or a sell?
The Form 4 shows a buy transaction. Director Scott D. Sheffield executed an open-market purchase of 6,990 Tamboran Resources Common Stock shares, classified under transaction code “P,” which indicates a purchase in the open market or a private transaction.
How were the Tamboran Resources (TBN) insider trade prices disclosed?
The filing reports a single weighted average price of $36.0192 per share, with a footnote explaining that shares were bought in multiple transactions. Those trades occurred at prices ranging from $35.89 to $36.1385, and detailed breakdowns are available upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
