Tamboran Resources (TBN) director granted 28,545 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tamboran Resources Corp director Scott D. Sheffield received a stock award of 28,545 shares of Common Stock on April 14, 2026. The award is recorded at $35.00 per share and is classified as a grant or other acquisition, not an open-market purchase. Following this grant, Sheffield directly holds 320,975 shares of Tamboran Resources Common Stock, indicating a routine compensation-related increase in his equity stake rather than a discretionary buy or sell in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHEFFIELD SCOTT D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,545 | $35.00 | $999K |
Holdings After Transaction:
Common Stock — 320,975 shares (Direct)
Footnotes (1)
Key Figures
Shares granted: 28,545 shares
Grant price: $35.00 per share
Total shares held: 320,975 shares
3 metrics
Shares granted
28,545 shares
Common Stock grant on April 14, 2026
Grant price
$35.00 per share
Recorded value for Common Stock award
Total shares held
320,975 shares
Director’s direct holdings after the grant
Key Terms
Form 4, Grant, award, or other acquisition, Common Stock
3 terms
Form 4 regulatory
"A recent Form 4 shows he received 28,545 shares of Common Stock"
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.
Grant, award, or other acquisition financial
"transaction code “A,” described as a grant, award, or other acquisition"
Common Stock financial
"received 28,545 shares of Common Stock as a grant at $35.00 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Tamboran Resources (TBN) report?
Tamboran Resources reported a director stock grant. Scott D. Sheffield received 28,545 shares of Common Stock as a grant at $35.00 per share, increasing his direct holdings to 320,975 shares as part of equity-based compensation, not an open-market purchase.
Who is Scott D. Sheffield in relation to Tamboran Resources (TBN)?
Scott D. Sheffield is a director of Tamboran Resources Corp. A recent Form 4 shows he received 28,545 shares of Common Stock as a grant, bringing his direct ownership to 320,975 shares, aligning his compensation more closely with shareholder equity performance over time.
What is Scott D. Sheffield’s total Tamboran Resources (TBN) holding after the grant?
After the grant, Scott D. Sheffield directly holds 320,975 shares of Tamboran Resources Common Stock. This total reflects the addition of 28,545 awarded shares and represents his current reported direct equity stake in the company according to the Form 4 filing.
Was the Tamboran Resources (TBN) director transaction a market purchase or a grant?
The transaction was a grant, not a market purchase. The Form 4 lists transaction code “A,” described as a grant, award, or other acquisition, indicating the 28,545 Common Stock shares at $35.00 were issued as compensation, not bought on the open market.