SHEFFIELD SCOTT D 4

What Happened
Scott D. Sheffield, a director of Tamboran Resources Corp (TBN), purchased 6,990 shares on April 8, 2026. The reported weighted-average price was $36.02 per share for a total reported value of $251,774. This was a purchase (buy), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-04-08 (reported on Form 4 filed 2026-04-10). Filing appears to be within the typical 2-business-day reporting window.
• Transaction type/code: P = Purchase (open-market purchases executed in multiple trades).
• Shares acquired: 6,990 shares; weighted-average price: $36.02; total reported consideration: $251,774.
• Price range (footnote): purchases occurred at prices ranging from $35.89 to $36.1385; the weighted average is reported and the filer can provide a breakdown on request (Footnote F1).
• Shares owned after transaction: not disclosed in the provided filing.

Context

• Purchases by directors can indicate confidence but do not guarantee future performance. This was a straightforward open-market buy (multiple trades), not an option exercise, award, or gift.
• No late-filing flag was indicated in the provided details; the Form 4 was filed two days after the transaction date.