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.