SIEGEL DAVID N 4

What Happened
David N. Siegel, a director of Tamboran Resources Corp (TBN), acquired 7,500 shares on April 14, 2026 via two grants (Form 4 code A). The awards were for 5,000 shares ($175,000) and 2,500 shares ($87,500) at $35.00 per share, for a combined value of $262,500. This is an acquisition via award/compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-14. Grant price: $35.00 per share. Total shares granted: 7,500. Total value: $262,500.
• Filing date: 2026-04-16 — filed within the typical 2-business-day Form 4 window (timely).
• Transaction code: A (award/grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No footnotes provided in the summarized data (e.g., no 10b5-1 plan or tax-withholding note shown).

Context

• Code A indicates these were awards/grants (typically compensation-related). The filing does not specify vesting terms or restrictions, which are commonly attached to grants.
• Awards differ from open-market purchases: they often reflect company compensation or retention programs rather than a director buying shares with personal funds.
• The report is factual and does not indicate the director’s motivations.