Barrett Fredrick J 4

What Happened Fredrick J. Barrett, a director of Tamboran Resources Corp (TBN), was granted 5,714 shares on April 14, 2026. The award is recorded at $35.00 per share, for a total value of $199,990. This transaction is coded as an award/grant (Form 4 code "A"), meaning the insider acquired the shares via a company grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-14; Form 4 filed: 2026-04-16 (filed within the typical 2-business-day reporting window).
• Shares granted: 5,714 at $35.00 per share; total reported value $199,990.
• Transaction type/code: A = Award/Grant (acquisition).
• Shares owned after transaction: Not specified in the information provided.
• No 10b5-1 plan, tax-withholding, or other footnotes were noted in the supplied transaction details.

Context An "A" code award is typically a compensation- or board-related grant (e.g., restricted stock or similar), not an open-market buy. While acquisitions can be viewed positively, awards often reflect compensation policies and do not necessarily signal the insider buying stock with personal funds. Retail investors should treat grants differently than voluntary open-market purchases when assessing insider sentiment.