Tamboran Resources (TBN) director granted 2,975 RSUs, now holds over 122K shares

Rhea-AI Filing Summary

STONEBURNER RICHARD K reported acquisition or exercise transactions in this Form 4 filing.

Tamboran Resources Corp director Richard K. Stoneburner reported an equity award and updated holdings. He received 2,975 shares of Common Stock in the form of restricted stock units at no cash cost. These RSUs vest on the earlier of June 1, 2027 or the next annual shareholders' meeting, contingent on continued service, and he has deferred share delivery.

After this grant, Stoneburner directly holds 107,704 shares of Common Stock and indirectly holds 14,724 shares through his spouse. The filing reflects a compensation-related award rather than an open‑market purchase.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider STONEBURNER RICHARD K

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,975	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 107,704 shares (Direct, null); Common Stock — 14,724 shares (Indirect, By Spouse)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 2,975 shares Grant price per share: $0.0000 per share Direct holdings after grant: 107,704 shares +3 more

6 metrics

RSU grant size 2,975 shares Restricted stock units of Common Stock granted to director

Grant price per share $0.0000 per share Reported price for RSU award acquisition

Direct holdings after grant 107,704 shares Common Stock directly held following RSU award

Indirect holdings via spouse 14,724 shares Common Stock held indirectly by spouse as of transaction date

RSU vesting date June 1, 2027 Latest vesting date, or earlier next annual shareholders' meeting

Transaction code A Grant, award, or other acquisition of non-derivative Common Stock

Key Terms

restricted stock units ("RSUs"), contingent right, vest, annual shareholders' meeting, +2 more

6 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 financial

"The RSUs will vest on the earlier of (i) June 1, 2027 and (ii) the date"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

annual shareholders' meeting financial

"the earlier of (i) June 1, 2027 and (ii) the date of the next annual shareholders' meeting"

continued service financial

"subject to the Reporting Person's continued service with the Issuer through such vesting date"

indirect ownership financial

"total_shares_following_transaction": "14724.0000" ... "nature_of_ownership": "By Spouse""

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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^*

STONEBURNER RICHARD K

(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)
06/01/2026

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	06/01/2026		A		2,975(1)	A	$0	107,704	D
Common Stock								14,724	I	By Spouse

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 on the earlier of (i) June 1, 2027 and (ii) the date of the next annual shareholders' meeting occurring after the grant date, subject to the Reporting Person's continued service with the Issuer through such vesting date. The Reporting Person has deferred receiving the Common Stock.

	/s/ Eric Dyer, Attorney-in-Fact	06/03/2026
	** 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 Richard K. Stoneburner?

Tamboran Resources reported that director Richard K. Stoneburner received 2,975 restricted stock units of Common Stock. The award is a compensation-related grant at no cash cost, increasing his direct holdings and reflecting equity-based director compensation rather than an open-market trade.

How many Tamboran Resources (TBN) shares does Richard K. Stoneburner hold after this Form 4?

After the reported grant, Richard K. Stoneburner directly holds 107,704 shares of Tamboran Resources Common Stock. He also has 14,724 shares held indirectly through his spouse, giving investors insight into his total reported equity exposure to the company.

What are the vesting terms of the 2,975 RSUs granted to the Tamboran Resources (TBN) director?

The 2,975 restricted stock units vest on the earlier of June 1, 2027 or the date of the next annual shareholders' meeting. Vesting is subject to Stoneburner’s continued service with Tamboran Resources through the applicable vesting date, aligning the award with board tenure.

Did Richard K. Stoneburner pay cash for the new Tamboran Resources (TBN) shares reported?

No, the filing shows a grant coded as an award acquisition with a per-share price of 0.0000. This indicates a compensation-based restricted stock unit award, not an open-market purchase requiring Stoneburner to pay cash for the 2,975 underlying shares.

What does it mean that the Tamboran Resources (TBN) director deferred receiving the Common Stock?

Deferring receipt means Stoneburner will not immediately take delivery of the shares underlying the RSUs. Instead, the shares will be delivered after vesting, consistent with the company’s equity compensation and deferral provisions described in the Form 4 footnote.