STONEBURNER RICHARD K 4
Research Summary
AI-generated summary
Tamboran (TBN) Director Richard Stoneburner Receives 8,403-Share Award
What Happened
Richard K. Stoneburner, a director of Tamboran Resources Corp (TBN), was granted 8,403 shares on April 15, 2026. The reported acquisition price was $35.00 per share, for a total value of $294,105. This transaction is coded as an award/grant (A) — an equity compensation event rather than an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-04-15 — 8,403 shares @ $35.00 each (total $294,105).
- Filing date / timeliness: Form 4 filed 2026-04-16 (filed the next day; within the typical 2-business-day window).
- Transaction type: Award / grant (SEC code A).
- Shares owned following the transaction: Not specified in the provided excerpt of the filing.
- Footnotes/plan details: No 10b5-1, tax-withholding, vesting schedule, or other footnotes were included in the supplied data. For full disclosure language, see SEC Accession No. 0001193125-26-159862.
Context
Grants to directors are commonly part of compensation and corporate governance practice; they are acquisitions of equity but do not necessarily indicate the director's personal buying/selling sentiment. Purchases (code P) often draw more attention as potential bullish signals; awards (code A) are typically remuneration or long-term alignment. If you need vesting, restriction, or selling information, check the full Form 4 filing linked by the accession number above.