Tamboran Resources (TBN) director granted 1,813 RSUs, holdings rise to 11,320 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Robb Andrew John reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Andrew John Robb received an equity award through restricted stock units. The Form 4 reports a grant of 1,813 shares of Common Stock valued at $0.00 per share as a stock award, increasing his directly owned stake to 11,320 shares after the transaction. According to the footnote, the award consists of RSUs, each representing a contingent right to receive one share of Common Stock, which will vest in full on January 1, 2027. The reporting person has elected to defer receiving the underlying Common Stock until after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Robb Andrew John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,813 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,320 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 1,813 shares
Grant price: $0.00 per share
Post-transaction holdings: 11,320 shares
+1 more
4 metrics
RSU grant size
1,813 shares
Restricted stock units awarded on May 26, 2026
Grant price
$0.00 per share
Reported transaction price for RSU-related Common Stock
Post-transaction holdings
11,320 shares
Total Common Stock directly owned after award
Vesting date
January 1, 2027
RSUs vest in full on this date
Key Terms
restricted stock units ("RSUs"), contingent right, vest in full, deferred receiving the Common Stock
4 terms
restricted stock units ("RSUs") financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"each of which represents a contingent right to receive one share of Common Stock"
vest in full financial
"The RSUs will vest in full on January 1, 2027."
deferred receiving the Common Stock financial
"The Reporting Person has deferred receiving the Common Stock."
FAQ
What insider transaction did Tamboran Resources Corp (TBN) disclose for Andrew John Robb?
Tamboran Resources Corp reported that director Andrew John Robb received an equity grant of 1,813 shares of Common Stock via restricted stock units. This is a compensation-related award at $0.00 per share, not an open-market purchase or sale of existing shares.
What type of award did Tamboran Resources (TBN) grant to director Andrew John Robb?
The filing describes the award as restricted stock units (RSUs), each representing a contingent right to receive one share of Common Stock. These RSUs are a form of stock-based compensation and were reported with a grant price of $0.00 per share on the Form 4.
When do Andrew John Robb’s Tamboran Resources (TBN) RSUs vest?
The RSUs granted to Andrew John Robb will vest in full on January 1, 2027. Vesting means the award becomes earned and payable, at which point each restricted stock unit converts into one share of Tamboran Resources Common Stock, subject to the deferral election described.