PACE PHILLIP Z 4

What Happened
Pace Phillip Z, a director of Tamboran Resources Corp (TBN), received an award of 3,318 restricted stock units (RSUs) on May 26, 2026. The RSUs were granted at $0.00 per unit (no cash paid) and therefore the immediate transaction value is $0. This was a compensation award (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date and type: 2026-05-26 — Grant/Award of 3,318 RSUs (A) at $0.00.
• Total immediate value reported: $0 (RSUs, not shares issued yet).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (F1): Each RSU represents a contingent right to one share of common stock; RSUs vest in full on January 1, 2027. The reporting person has elected to defer receiving the underlying common stock.
• Filing: Form 4 filed May 28, 2026 — appears timely (within the typical 2-business-day reporting window).

Context
RSUs are a form of equity compensation that convert to actual shares only after vesting; this award does not represent an immediate purchase or sale of stock. The deferral means the director chose to delay receipt of the shares, which can affect when the shares (and any tax consequences) are actually realized. Awards like this are common executive/director compensation and should not be interpreted on their own as a buy or sell signal.