PACE PHILLIP Z 4

What Happened
Phillip Z. Pace, a director of Tamboran Resources Corp (TBN), was granted 2,581 shares on April 15, 2026. The award is reported at $35.00 per share, for a total value of $90,335. This transaction is reported as an award/grant (transaction code A), an acquisition tied to compensation or a company equity plan rather than an open-market purchase.

Key Details

• Transaction date: 2026-04-15; Price per share: $35.00; Total value: $90,335.
• Transaction type: Award/Grant (code A) — acquisition via company grant, not a sale.
• Shares owned after transaction: not specified in the supplied filing summary.
• Filing date: 2026-04-16 — appears to be filed within the normal Form 4 timing.
• No 10b5-1 plan, tax-withholding, or other footnotes were provided in the supplied transaction excerpt.

Context
Stock awards to directors are commonly part of regular compensation (board fees or retention awards) and do not necessarily indicate the director bought shares on the open market. For retail investors, such grants are informative about company compensation practices but should not be read as a direct bullish market signal on their own.