STOCK TITAN

Tamboran Resources (TBN) director granted 2,975 RSUs in equity award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dalton Ryan reported acquisition or exercise transactions in this Form 4 filing.

Tamboran Resources Corp director Ryan Dalton received an equity award in the form of restricted stock units. The Form 4 reports a grant of 2,975 RSUs, each representing a contingent right to receive one share of Common Stock at no purchase price. These RSUs will vest on the earlier of June 1, 2027 or the date of the next annual shareholders' meeting after the grant, subject to his continued service with the company. Following this award, Dalton is reported as beneficially owning 62,078 shares of Common Stock. The filing notes that he has deferred receiving the underlying Common Stock until a later date.

Positive

  • None.

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Insider Dalton Ryan
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,975 $0.00 --
Holdings After Transaction: Common Stock — 62,078 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 2,975 RSUs Award of restricted stock units to director Ryan Dalton
Grant price per share $0.0000 per share Reported transaction price for RSU-related Common Stock
Post-transaction holdings 62,078 shares Total Common Stock beneficially owned after the award
Latest vesting date June 1, 2027 RSUs vest on this date or earlier at next annual meeting
restricted stock units financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share"
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.
RSUs financial
"Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"each of which represents a contingent right to receive one share of Common Stock"
annual shareholders' meeting financial
"The RSUs will vest on the earlier of (i) June 1, 2027 and (ii) the date of the next annual shareholders' meeting"
beneficially owning financial
"total_shares_following_transaction": "62078.0000""
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SEC Form 4
FORM 4UNITED 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*
Dalton Ryan

(Last)(First)(Middle)
SUITE 01, LEVEL 39, TOWER ONE,
INT'L TOWERS, 100 BARANGAROO AVE.

(Street)
BARANGAROOAUSTRALIANSW 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/01/2026A2,975(1)A$062,078D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact06/03/2026
** Signature of Reporting PersonDate
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 Ryan Dalton?

Tamboran Resources reported that director Ryan Dalton received 2,975 restricted stock units, each representing one share of Common Stock. The RSUs were granted at no purchase price as an equity award, increasing his reported beneficial ownership to 62,078 shares after the transaction.

How many restricted stock units did Ryan Dalton receive from Tamboran Resources (TBN)?

Ryan Dalton received 2,975 restricted stock units from Tamboran Resources. Each RSU represents a contingent right to receive one share of Common Stock, subject to vesting conditions and his continued service with the company through the applicable vesting date specified in the award.

When do Ryan Dalton’s Tamboran Resources (TBN) RSUs vest?

Ryan Dalton’s RSUs vest on the earlier of June 1, 2027 or the date of Tamboran Resources’ next annual shareholders' meeting after the grant. Vesting is conditional on his continued service with the issuer through the applicable vesting date described in the award terms.

Did Ryan Dalton buy Tamboran Resources (TBN) shares in the market?

No, the filing shows an equity award, not an open-market purchase. Ryan Dalton received 2,975 restricted stock units at a price of $0.0000 per share as compensation, rather than paying cash to buy Common Stock in market transactions.

What is Ryan Dalton’s ownership in Tamboran Resources (TBN) after this RSU grant?

After the RSU grant, Ryan Dalton is reported as beneficially owning 62,078 shares of Tamboran Resources Common Stock. This figure reflects his holdings following the award of 2,975 restricted stock units disclosed in the Form 4 insider transaction filing.

Has Ryan Dalton deferred receiving Tamboran Resources (TBN) Common Stock from his RSUs?

Yes. The footnote explains that Ryan Dalton has deferred receiving the underlying Common Stock from his restricted stock units. He currently holds contingent rights represented by RSUs, which will settle into shares after vesting and according to his deferral elections and the award terms.