Bellman Jeffrey Lance 4

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.