Tamboran director granted 2,581 TBN shares
PACE PHILLIP Z reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
PACE PHILLIP Z reported acquisition or exercise transactions in this Form 4 filing.
Tamboran Resources Corp director Phillip Z. Pace received a grant of 2,581 shares of Common Stock at $35.00 per share on April 15, 2026. This was a compensation-related award, not an open-market purchase. After the grant, his direct ownership increased to 38,390 Common Stock shares.
Positive
- None.
Negative
- None.
Insights
Director received a modest stock grant as routine equity compensation.
The transaction records an award of 2,581 Tamboran Resources Corp Common Stock shares at $35.00 per share to director Phillip Z. Pace. The Form 4 identifies this as a grant or award acquisition, rather than an open-market transaction.
Following the grant, Pace holds 38,390 Common Stock shares directly, so the award represents a relatively small addition to his position. As a standard equity grant with no accompanying sales or derivative exercises, this appears to be routine director compensation with limited signaling impact for shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,581 | $35.00 | $90K |
Key Figures
Key Terms
Common Stock financial
Form 4 regulatory
grant/award acquisition financial
transaction code A regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tamboran Resources (TBN) report for Phillip Z. Pace?
Was the Tamboran Resources (TBN) Form 4 transaction a stock purchase or a grant?
Does the Tamboran Resources (TBN) Form 4 show any stock sales by Phillip Z. Pace?
AI-generated analysis. How Rhea-AI works. Not financial advice.