SIEGEL DAVID N 4

What Happened
David N. Siegel, a director of Tamboran Resources Corp (TBN), was awarded a total of 16,000 shares on January 16, 2026. The grants consist of 10,000 shares and 6,000 shares, each reported at $21.00 per share, for an aggregate value of $336,000. These entries are coded as "A" (award/grant) — equity compensation rather than an open-market purchase.

Key Details

• Transaction date(s): 2026-01-16
• Grants reported: 10,000 shares @ $21.00 (Acquired) and 6,000 shares @ $21.00 (Acquired) — total 16,000 shares, $336,000 value.
• Transaction code: A = Award/Grant (equity compensation).
• Filing date: Form 4 filed with the SEC on 2026-01-21 for the Jan 16 transactions — investors may want to verify timeliness (Form 4s are typically due within two business days).
• Shares owned after transaction: Not reported in the provided Form 4 data.
• Notable footnotes: None provided in the supplied data (no 10b5-1 plan, tax-withholding entry, or cashless sale indicated).

Context
Equity awards to directors are commonly part of compensation packages and may be subject to vesting or other restrictions; they do not necessarily indicate the director bought shares as a personal investment. For retail investors, awarded shares are less directly informative about insider sentiment than open-market purchases, though they do increase an insider’s stake on paper.