Tamboran director awarded 3,318 RSUs
Bellman Jeffrey Lance reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bellman Jeffrey Lance reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Jeffrey Lance Bellman reported a new equity award and updated his holdings. He received a grant of 3,318 restricted stock units, each representing one share of Common Stock, at a stated price of $0.00 per share as a compensation-related award.
The RSUs will vest in full on January 1, 2027, and he has deferred receiving the underlying Common Stock. Following this grant, Bellman holds 20,259 shares of Common Stock directly and 500 shares indirectly through the Bellman 2010 Trust, where he and his spouse serve as trustees and he disclaims beneficial ownership except to his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 3,318 shares
Grant/Award
2 txns
Insider
Bellman Jeffrey Lance
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,318 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 20,259 shares (Direct);
Common Stock — 500 shares (Indirect, By Bellman 2010 Trust)
Footnotes (2)
- F1. 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 in full on January 1, 2027. The Reporting Person has deferred receiving the Common Stock.
- F2. These securities are held indirectly by the Reporting Person through the Bellman 2010 Trust (the "Trust"), for which the Reporting Person and his spouse are trustees. The Reporting Person is a beneficiary of the Trust and disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
Key Figures
RSU grant size: 3,318 units
RSU grant price: $0.00 per unit
RSU vesting date: January 1, 2027
+2 more
5 metrics
RSU grant size
3,318 units
Restricted stock units granted on May 26, 2026
RSU grant price
$0.00 per unit
Compensation-related award, not market purchase
RSU vesting date
January 1, 2027
Full vesting date for 3,318 RSUs
Direct holdings after grant
20,259 shares
Common Stock directly owned following transaction
Indirect trust holdings
500 shares
Held by Bellman 2010 Trust, indirect ownership
Key Terms
restricted stock units, pecuniary interest, beneficial ownership, contingent right
4 terms
restricted stock units financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share"
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.
pecuniary interest financial
"disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein"
beneficial ownership financial
"disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
contingent right financial
"each of which represents a contingent right to receive one share of Common Stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tamboran Resources (TBN) director Jeffrey Bellman report?
Jeffrey Lance Bellman reported receiving 3,318 restricted stock units in Tamboran Resources as a compensation-related equity award. Each RSU represents a contingent right to one share of Common Stock, granted at a stated price of $0.00 per share.
When do Jeffrey Bellman’s new Tamboran Resources (TBN) RSUs vest?
The 3,318 restricted stock units granted to Jeffrey Bellman will vest in full on January 1, 2027. Upon vesting, each RSU entitles him to receive one share of Tamboran Resources Common Stock, subject to his deferral election.
What is the nature of Jeffrey Bellman’s indirect Tamboran Resources (TBN) holdings?
Bellman’s indirect Tamboran Resources holdings are 500 shares held by the Bellman 2010 Trust. He and his spouse are trustees, and he disclaims beneficial ownership of these securities except to the extent of his pecuniary interest in the trust.
Was Jeffrey Bellman’s Tamboran Resources (TBN) RSU grant a market purchase?
No, the 3,318-unit award was coded as a grant or award acquisition, not a market purchase. It represents restricted stock units given as compensation, with a reported price per unit of $0.00 rather than an open-market transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
