Dalton Ryan 4
Research Summary
AI-generated summary
Tamboran (TBN) Director Dalton Ryan Receives RSU Award
What Happened
- Dalton Ryan, a director of Tamboran Resources Corp, was granted 3,933 restricted stock units (RSUs) on May 26, 2026. The grant is reported as an acquisition at $0.00 per unit (total $0). Each RSU is a contingent right to one share of common stock and will vest in full on January 1, 2027. The reporting person has deferred receiving the underlying common stock.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (timely)
- Transaction type/code: Award/Grant (A)
- Units granted: 3,933 RSUs; Reported price: $0.00; Reported value: $0
- Shares owned after transaction: Not disclosed in the provided filing excerpt
- Footnote: F1 — RSUs represent contingent rights to one share each, vest in full Jan 1, 2027; the Reporting Person has deferred receipt of the stock
- Filing timeliness: Filed within the standard two-business-day reporting window (not late)
Context
- RSU grants are compensation awards (not open-market purchases or sales) and primarily reflect compensation arrangements rather than immediate insider buying/selling intent. Upon vesting the RSUs convert to shares (subject to any deferral or withholding), which could affect future share count or insider selling behavior.