STOCK TITAN

Tamboran Resources (TBN) director granted 28,545 common shares

Filing Impact
(High)
Filing Sentiment
(Neutral)
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.

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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)
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
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.
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*
SHEFFIELD SCOTT D

(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)
04/14/2026
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 Stock04/14/2026A28,545A$35320,975D
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:
/s/ Rohan Vardaro, Attorney-in-Fact04/16/2026
** 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?

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.

How many Tamboran Resources (TBN) shares were granted to the director?

The director received 28,545 shares of Tamboran Resources Common Stock. The shares are recorded at $35.00 each and classified as a grant, meaning they were awarded as part of compensation rather than bought in the open market by the director.

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.