STONEBURNER RICHARD K 4

What Happened Richard K. Stoneburner, a director of Tamboran Resources Corp (TBN), was granted 5,407 restricted stock units (RSUs) on 2026-05-26. The filing shows an acquisition-type transaction (code A) for 5,407 shares at $0.00 (total $0). Each RSU represents a contingent right to one share of common stock; delivery of the shares has been deferred and the RSUs vest in full on January 1, 2027. This is a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-26 (Filed with the SEC on 2026-05-28) — appears timely (filed two days after the grant).
• Transaction type/code: Award/Grant (A) of RSUs.
• Shares granted: 5,407 RSUs; price reported $0.00 (no cash paid).
• Vesting/delivery: RSUs vest in full on January 1, 2027; the reporting person has deferred receiving the common stock.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Confirms RSUs are contingent rights to receive shares and that delivery has been deferred.

Context RSU grants are a form of equity compensation and do not involve an immediate purchase or sale of shares. The $0 reporting reflects that no cash was exchanged at grant; value will materialize only if the RSUs vest and shares are delivered (and then subject to any withholding). Awards like this are routine for directors and employees and should be viewed as compensation rather than a direct market sentiment signal.