PACE PHILLIP Z 4
4 · Tamboran Resources Corp · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Tamboran Director Phillip Z. Pace Buys 10,000 Shares
What Happened Phillip Z. Pace, a director of Tamboran Resources Corp (TBN), acquired 10,000 common shares on 2026-04-13 in an open-market purchase. The filing reports a weighted-average price of $36.99 per share, for a total reported purchase value of $369,865. This was a purchase (code P), meaning the insider added to his position rather than selling.
Key Details
- Transaction date: 2026-04-13; Filing date: 2026-04-15 (appears timely).
- Quantity and price: 10,000 shares at a weighted-average price of $36.99; reported total $369,865.
- Price range: Shares were bought in multiple trades at prices between $36.965 and $37.00 (footnote F1).
- Shares owned after transaction: Not provided in the excerpt supplied.
- Footnote: F1 explains the reported price is a weighted average and the reporting person will provide details on the number of shares bought at each price upon request.
- Transaction code: P = Purchase (open market/private purchase).
Context This is a straightforward open-market purchase by a company director. The filing does not indicate option exercises, gifts, tax withholding, or a 10b5-1 plan. For retail investors, insider purchases are one data point to track but do not by themselves prove future company performance.
Insider Transaction Report
- Purchase
Common Stock
[F1]2026-04-13$36.99/sh+10,000$369,865→ 35,809 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $36.965 to $37.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth herein.