Tamboran Resources (TBN) director awarded 2,975 RSUs in equity grant
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 in the form of restricted stock units. The filing reports a grant of 2,975 RSUs, each representing a right to receive one share of Common Stock at no cost. These RSUs vest on the earlier of June 1, 2027 or the next annual shareholders' meeting after the grant date, conditional on his continued service. Following this award, Robb reports beneficial ownership of 14,295 shares or share-equivalent units, and he has chosen to defer actual receipt of the Common Stock until a later time.
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 | 2,975 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,295 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 2,975 units
Grant price: $0.00 per unit
Reported holdings after grant: 14,295 shares/units
+1 more
4 metrics
RSUs granted
2,975 units
Restricted stock unit award to director on 2026-06-01
Grant price
$0.00 per unit
Equity compensation, not an open-market purchase
Reported holdings after grant
14,295 shares/units
Beneficial ownership following RSU award
RSU vesting date
Earlier of June 1, 2027 or next AGM
Vesting condition tied to continued service
Key Terms
restricted stock units, contingent right, vest, beneficial ownership, +1 more
5 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.
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 of the next annual shareholders' meeting occurring after the grant 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.
beneficial ownership financial
"Following this award, Robb reports beneficial ownership of 14,295 shares or share-equivalent units"
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.
deferred receiving the Common Stock financial
"The Reporting Person has deferred receiving the Common Stock."
FAQ
What insider transaction did Tamboran Resources (TBN) director Andrew John Robb report?
Andrew John Robb reported receiving an equity award of 2,975 restricted stock units. Each RSU represents a contingent right to one Tamboran Resources common share, granted at no cost as part of his compensation, rather than a market purchase of existing shares.
When do Andrew John Robb’s newly granted Tamboran Resources (TBN) RSUs vest?
The 2,975 restricted stock units vest on the earlier of June 1, 2027 or the date of Tamboran Resources’ next annual shareholders’ meeting after the grant. Vesting is conditioned on Robb continuing to serve the company through the applicable vesting date.