Tamboran Resources (TBN) director granted 1,813 restricted shares vesting in 2027

Rhea-AI Filing Summary

Barrett Fredrick J reported acquisition or exercise transactions in this Form 4 filing.

Tamboran Resources Corp director Fredrick J. Barrett reported a stock-based compensation grant. He received 1,813 shares of common stock as a restricted stock award at a stated price of $0.0000 per share, increasing his direct holdings to 37,523 shares. A separate line shows 32,228 shares held indirectly through a joint account. The footnote explains that the restricted stock will vest in full on January 1, 2027, indicating this is a time-based equity incentive rather than an open‑market purchase or sale.

Insights

Corporate governance analyst

Routine equity grant increases director’s stake with time-based vesting.

The filing shows director Fredrick J. Barrett receiving a 1,813-share restricted stock award in Tamboran Resources Corp. The grant carries a stated price of $0.0000 per share, typical for equity compensation rather than a cash transaction.

The footnote states the restricted stock will vest fully on January 1, 2027, so Barrett’s ability to sell these shares depends on meeting the time-based vesting condition. After this award, he holds 37,523 shares directly, plus 32,228 indirectly via a joint account.

This pattern is consistent with standard director compensation and does not represent an open-market buy or sell. Future company filings may update on additional equity awards or changes in his direct and indirect holdings.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Barrett Fredrick J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,813	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 37,523 shares (Direct, null); Common Stock — 32,228 shares (Indirect, By Joint Account)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock award: 1,813 shares Grant price: $0.0000 per share Direct holdings after grant: 37,523 shares +2 more

5 metrics

Restricted stock award 1,813 shares Common Stock grant on May 26, 2026

Grant price $0.0000 per share Stated price for restricted stock award

Direct holdings after grant 37,523 shares Total common shares held directly after award

Indirect holdings 32,228 shares Common shares held via joint account

Vesting date January 1, 2027 Restricted stock vests in full on this date

Key Terms

restricted stock, grant, award, or other acquisition, indirect ownership, Form 4

4 terms

restricted stock financial

"Represents an award of restricted stock. The restricted stock will vest in full on January 1, 2027."

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: By Joint Account"

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.

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^*

Barrett Fredrick J

(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		1,813(1)	A	$0	37,523	D
Common Stock								32,228	I	By Joint Account

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. The restricted stock will vest in full on January 1, 2027.

	/s/ Eric Dyer, 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) director Fredrick J. Barrett report?

Fredrick J. Barrett reported receiving an award of 1,813 shares of Tamboran Resources common stock. The award is structured as restricted stock, recorded at a stated price of $0.0000 per share, and reflects stock-based compensation rather than an open-market purchase.

How many Tamboran Resources (TBN) shares did Barrett hold after the reported Form 4 transactions?

After the reported transactions, Barrett held 37,523 shares of Tamboran Resources common stock directly. A separate entry shows 32,228 shares held indirectly through a joint account, giving visibility into both his direct and indirect ownership positions.

What are the terms of the restricted stock award reported by Tamboran Resources (TBN) director Barrett?

The restricted stock award consists of 1,813 Tamboran Resources common shares. According to the footnote, the restricted stock will vest in full on January 1, 2027, meaning Barrett must satisfy the time-based vesting condition before the award becomes fully transferable.

Was Barrett’s Tamboran Resources (TBN) Form 4 transaction an open-market buy or sell?

The Form 4 shows a grant classified as a “grant, award, or other acquisition,” not an open-market trade. The 1,813-share restricted stock award at a stated $0.0000 price indicates equity compensation rather than a discretionary purchase or sale in the market.

How is Barrett’s indirect ownership in Tamboran Resources (TBN) reported on the Form 4?

The filing lists 32,228 shares of Tamboran Resources common stock as indirectly owned. These shares are held “By Joint Account,” indicating shared ownership through a joint arrangement, separate from Barrett’s directly held 37,523 shares after the grant.