SHEFFIELD SCOTT D 4
4 · Tamboran Resources Corp · Filed Apr 16, 2026
Research Summary
AI-generated summary of this filing
Tamboran (TBN) Director Scott D. Sheffield Receives 28,545-Share Award
What Happened Scott D. Sheffield, a director of Tamboran Resources Corp (TBN), was granted 28,545 shares on 2026-04-14. The award is reported at $35.00 per share, for a total reported value of $999,075. The transaction is coded as an award/grant (A) and is reported as an acquisition (shares issued to the insider), not a sale.
Key Details
- Transaction date: 2026-04-14; Form 4 filed: 2026-04-16 (appears timely).
- Price reported: $35.00 per share; total value: $999,075.
- Transaction code: A (award/grant); acquisition of 28,545 shares.
- Shares owned after transaction: Not specified in the summary provided — see the SEC Form 4 for the insider’s beneficial ownership after the grant.
- No footnotes (e.g., 10b5-1, tax withholding, or cashless sale) were noted in the transaction summary provided here.
Context An "A" code indicates these shares were granted (often as compensation or a board award) rather than purchased on the open market. Grants can be subject to vesting or transfer restrictions; the Form 4 or company disclosures may list any conditions. Awards are different from open-market purchases and do not necessarily indicate a personal cash outlay by the insider. Check the full Form 4 and company proxy/SEC filings for vesting terms or additional details.
Insider Transaction Report
- Award
Common Stock
2026-04-14$35.00/sh+28,545$999,075→ 320,975 total