Tamboran Resources Corp·4

Jan 21, 4:30 PM ET

Barrett Fredrick J 4

Research Summary

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Tamboran (TBN) Director Fredrick J. Barrett Receives 9,523-Share Award

What Happened Fredrick J. Barrett, a director of Tamboran Resources Corp (TBN), was granted 9,523 shares on January 16, 2026. The grant is reported at $21.00 per share, for a total reported value of $199,983. This transaction is an award/grant (transaction code A) — an acquisition via compensation rather than an open-market purchase.

Key Details

  • Transaction date: 2026-01-16; reported price: $21.00 per share; total value: $199,983.
  • Shares acquired: 9,523 shares (grant/award).
  • Shares owned after the transaction: Not stated in the provided filing.
  • Footnotes/plan details: None disclosed in the supplied data (e.g., no 10b5-1 plan or tax-withholding info provided).
  • Filing date: 2026-01-21 — the Form 4 was filed five days after the transaction date, which is later than the typical two-business-day filing requirement.

Context Awards to directors are commonly part of compensation or retention arrangements and do not necessarily indicate an immediate market view. Unlike open-market purchases, grants are often predetermined by equity compensation plans; the filing does not disclose whether these shares are restricted or subject to performance conditions.