SHEFFIELD SCOTT D 4
4 · Tamboran Resources Corp · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Tamboran (TBN) Director Scott D. Sheffield Receives RSU Award (3,011)
What Happened
Scott D. Sheffield, a director of Tamboran Resources Corp (TBN), received an award of 3,011 restricted stock units (RSUs) on May 26, 2026. The reported acquisition price is $0.00 (typical for RSU grants), so there was no immediate cash purchase or sale; the RSUs represent a contingent right to receive common shares in the future.
Key Details
- Transaction type/code: Award/Grant (A) — 3,011 RSUs granted on 2026-05-26.
- Reported price/value at grant: $0.00 (no immediate cash exchanged).
- Vesting: RSUs will vest in full on January 1, 2027 (per footnote).
- Receipt: The reporting person has deferred receiving the common stock upon vesting (per footnote).
- Filing: Form 4 filed May 28, 2026 for the May 26, 2026 grant (filed within the typical two-business-day window).
- Shares owned after transaction: Not specified in the filing.
Context
RSUs are a form of equity compensation that convert into shares upon vesting; they are not an open-market purchase or sale and do not by themselves signal a buy/sell decision by the insider. This grant is routine compensation-related equity rather than an immediate investment transaction.
Insider Transaction Report
Form 4
SHEFFIELD SCOTT D
Director
Transactions
- Award
Common Stock
[F1]2026-05-26+3,011→ 323,986 total
Footnotes (1)
- [F1]Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock. The RSUs will vest in full on January 1, 2027. The Reporting Person has deferred receiving the Common Stock.
Signature
/s/ Rohan Vardaro, Attorney-in-Fact|2026-05-28