Bellman Jeffrey Lance 4
4 · Tamboran Resources Corp · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Tamboran (TBN) Director Jeffrey Bellman Receives RSU Award
What Happened Jeffrey Lance Bellman, a director of Tamboran Resources Corp (TBN), was granted 2,975 restricted stock units (RSUs) on 2026-06-01 (transaction code A). The filing lists the acquisition price as $0 (grant). This is an equity award/compensation event rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-03 (Form 4 filed within the typical 2‑business‑day window).
- Amount and price: 2,975 RSUs; $0 per unit; total reported acquisition value $0.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- F1: Each RSU is a contingent right to one share; RSUs vest on the earlier of (i) June 1, 2027 or (ii) the next annual shareholders’ meeting after the grant date, subject to continued service. The reporting person has deferred receiving the underlying common stock.
- F2: These securities are held indirectly through the Bellman 2010 Trust (the reporting person and spouse are trustees); Bellman disclaims beneficial ownership except for his pecuniary interest.
- Transaction code: A (award/grant). No 10b5-1 plan, tax‑withholding sale, or immediate sale reported.
Context RSUs are a form of compensation/retention award and represent a contingent right to receive shares upon vesting; they are not the same as an outright market purchase. Because the RSUs are subject to vesting and are held indirectly through a trust with deferred receipt of shares, this filing primarily reflects executive compensation rather than a trading signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-01+2,975→ 23,234 total
- 500(indirect: By Trust)
Common Stock
[F2]
Footnotes (2)
- [F1]Represents an award of restricted stock units ("RSUs"), each of which represents a contingent right to receive one share of Common Stock. The RSUs will vest on the earlier of (i) June 1, 2027 and (ii) the date of the next annual shareholders' meeting occurring after the grant date, subject to the Reporting Person's continued service with the Issuer through such vesting date. The Reporting Person has deferred receiving the Common Stock.
- [F2]These securities are held indirectly by the Reporting Person through the Bellman 2010 Trust (the "Trust"), for which the Reporting Person and his spouse are trustees. The Reporting Person is a beneficiary of the Trust and disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.