Dalton Ryan 4

What Happened

• Dalton Ryan, a director of Tamboran Resources Corp (TBN), was granted 2,975 restricted stock units (RSUs) on June 1, 2026. The reported acquisition price is $0.00, so there was no cash paid or received; the RSUs represent a contingent right to one share each upon vesting.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 2,975 RSUs; reported acquisition value: $0.00 (RSUs, not current shares).
• Shares owned after transaction: Not specified in the filing.
• Footnote: RSUs vest on the earlier of (i) June 1, 2027 or (ii) the next annual shareholders' meeting after grant, contingent on continued service. The reporting person has deferred receiving the underlying common stock.
• No indication of a 10b5-1 plan, sale, tax-withholding share forfeiture, or late filing.

Context

• RSUs are compensation awards that convert to actual shares only upon vesting; because the RSUs are deferred, no shares were issued or sold at grant. This is a routine equity-based compensation action rather than an open-market purchase or sale, and does not by itself indicate insider buying or selling sentiment.