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.