Director at Tamboran (TBN) corrects stake and gifts 100K shares

Rhea-AI Filing Summary

Tamboran Resources Corp director David N. Siegel reported an update to his shareholdings and a family transfer of stock. On January 20, 2026, he reported a transaction coded "G," reflecting a gift of 100,000 shares of Common Stock at a price of $0 per share to his son, which is shown as indirect ownership of 113,000 shares held "By Son" after the transaction. The filing also shows that Siegel directly holds 346,621 shares of Common Stock following the correction. A footnote explains that his previous filings had erroneously understated the number of shares beneficially owned, and the amount in Column 5 of Table I has been corrected in this Form 4.

Insider Trade Summary

100,000 shares gifted

Mixed 2 txns

Insider SIEGEL DAVID N

Role Director

Type	Security	Shares	Price	Value
Gift	Common Stock	100,000	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 113,000 shares (Indirect, By Son); Common Stock — 346,621 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

SIEGEL DAVID N

(Last) (First) (Middle)

SUITE 01, LEVEL 39, TOWER ONE,

INT'L TOWERS, 100 BARANGAROO AVE.

(Street)

BARANGAROO C3 NSW 2000

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Tamboran Resources Corp [ TBN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/20/2026		G	V	100,000	A	$0	113,000	I	By Son
Common Stock								346,621(1)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person's previous filings erroneously understated the number of shares of Common Stock beneficially owned by the Reporting Person. The amount in Column 5 of Table I has been corrected in this Form 4.

	/s/ Eric Dyer, Attorney-in-Fact	02/05/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did TBN director David N. Siegel report?

David N. Siegel reported a gift of 100,000 shares of Tamboran Resources Corp Common Stock on January 20, 2026. The transaction, coded "G," transferred shares to his son at a reported price of $0 per share as a non-cash family transfer.

How many Tamboran (TBN) shares does David N. Siegel now hold directly?

After the reported update, David N. Siegel is shown holding 346,621 shares of Tamboran Resources Corp Common Stock directly. This figure reflects a correction to previously understated beneficial ownership disclosed in earlier filings, as clarified in the Form 4 footnote.

How many Tamboran (TBN) shares are attributed to Siegel through indirect ownership?

The filing reports 113,000 shares of Tamboran Resources Corp Common Stock as indirectly owned by David N. Siegel "By Son." These shares are tied to the 100,000-share gift transaction dated January 20, 2026, plus any prior holdings shown under that indirect account.

What does the correction note in David N. Siegel’s TBN Form 4 mean?

The footnote states that Siegel’s prior filings understated his beneficial ownership of Tamboran Resources Common Stock. Column 5 of Table I in this Form 4 has been corrected to show the accurate number of shares he beneficially owns after the adjustment.

What is the significance of transaction code "G" in the TBN Form 4 filing?

In this Form 4, transaction code "G" identifies the reported movement of 100,000 shares as a gift. The shares were transferred at a price of $0 per share and are now reflected as indirectly owned by David N. Siegel through his son.