STONEBURNER RICHARD K 4

What Happened Richard K. Stoneburner, a director of Tamboran Resources Corp. (TBN), received an award of 25,271 shares on December 5, 2025. The Form 4 reports the acquisition as an award/grant at $0.00 per share (total reported value $0). Footnote F1 states these are fully vested restricted shares, meaning the shares are not subject to future vesting.

Key Details

• Transaction date and price: 2025-12-05; grant reported at $0.00 per share (code A — award/acquisition).
• Shares owned after transaction: see Column 5 of the filing for the reported post-transaction beneficial ownership; footnote F2 notes Column 5 reflects ownership as of the filing date.
• Footnotes: F1 = award of fully vested restricted stock; F2 = Column 5 shows beneficial ownership as of the filing.
• Filing date/timeliness: Form 4 filed 2026-02-17, more than two months after the Dec 5 transaction (appears to be a late filing).

Context This was a compensation award (restricted stock) rather than an open-market purchase or sale. Because the shares are fully vested per F1, Stoneburner obtained immediate ownership rights. Awards like this are common for director compensation; they are informational but do not, by themselves, indicate a buy or sell signal. The late filing reduces disclosure timeliness—investors may want to check other company filings for additional context.