Thibodeaux Faron James 4

What Happened

• Thibodeaux Faron James, Chief Operating Officer of Tamboran Resources Corp (TBN), received an award/acquisition of 35,714 shares on January 16, 2026. The reported per-share amount is $21.00, valuing the grant at $749,994. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-16
• Transaction type: Grant / Award (code A)
• Shares awarded: 35,714
• Implied price per share: $21.00
• Total implied value: $749,994 (~$750k)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/plan details: None reported in the excerpt (no 10b5-1 plan, tax withholding, or immediate sale indicated)
• Filing timeliness: Form 4 filed 2026-01-21 — appears to be filed one business day after the typical 2-business-day deadline for Form 4s

Context

• This was an equity award (compensation) to the COO. Such grants are commonly part of pay or retention packages and may be subject to vesting or other restrictions; the filing excerpt does not specify vesting terms or whether the shares are immediately transferable. Because this is an award rather than a market purchase, it is primarily a compensation event rather than a direct bullish vote via open-market buying.