SHEFFIELD SCOTT D 4

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.