Tamboran Resources (TBN) director awarded 3,011 RSUs vesting January 2027

Rhea-AI Filing Summary

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

Tamboran Resources Corp director Scott D. Sheffield received an equity award rather than buying shares on the market. He was granted 3,011 restricted stock units, each convertible into one share of Common Stock, bringing his reported holdings to 323,986 shares. The RSUs will vest in full on January 1, 2027, and he has deferred receiving the underlying Common Stock until then.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SHEFFIELD SCOTT D

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,011	$0.00	--

Holdings After Transaction: Common Stock — 323,986 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 3,011 units Price per RSU: $0.00 per unit Shares after transaction: 323,986 shares +1 more

4 metrics

RSUs granted 3,011 units Restricted stock unit award to director on May 26, 2026

Price per RSU $0.00 per unit Equity award, not an open-market purchase

Shares after transaction 323,986 shares Total reported Common Stock holdings following the award

Vesting date January 1, 2027 RSUs vest in full on this date

Key Terms

restricted stock units, Common Stock, vest in full, 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 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.

Common Stock financial

"each of which represents a contingent right to receive one share of 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.

vest in full financial

"The RSUs will vest in full on January 1, 2027."

contingent right financial

"each of which represents a contingent right to receive one share of Common Stock."

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)
05/26/2026

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	05/26/2026		A		3,011(1)	A	$0	323,986	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 in full on January 1, 2027. The Reporting Person has deferred receiving the Common Stock.

	/s/ Rohan Vardaro, Attorney-in-Fact	05/28/2026
	** 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 reported that director Scott D. Sheffield received 3,011 restricted stock units as an equity award. Each RSU represents a contingent right to receive one share of Common Stock, increasing his reported holdings to 323,986 shares after the grant.

Was the Tamboran Resources (TBN) insider transaction a market purchase or sale?

The transaction was not a market purchase or sale. Scott D. Sheffield received a grant of 3,011 restricted stock units as compensation, at a stated price of $0.00 per unit, rather than buying or selling shares on the open market.

When do Scott D. Sheffield’s RSUs in Tamboran Resources (TBN) vest?

The restricted stock units granted to Scott D. Sheffield vest in full on January 1, 2027. Until that vesting date, they remain a contingent right to receive Common Stock, subject to the award’s terms and conditions described in the grant.

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

Following the RSU grant, Scott D. Sheffield is reported as holding 323,986 shares of Tamboran Resources Common Stock. This figure includes his existing direct holdings plus the effect of the 3,011 restricted stock units awarded in the reported transaction.

What does it mean that Scott D. Sheffield deferred receiving Tamboran Resources (TBN) Common Stock?

Deferring receipt means Scott D. Sheffield will not immediately take delivery of the Common Stock underlying the RSUs. Instead, he delays receiving the actual shares until a later date, even though the RSUs themselves vest on January 1, 2027 under the award terms.