STONEBURNER RICHARD K 4

What Happened
Richard K. Stoneburner, a director of Tamboran Resources Corp (TBN), received an award of 2,975 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports the grant at $0.00 (no cash paid). Each RSU represents a contingent right to one share of common stock; the RSUs will convert to shares only if and when they vest.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely for a Form 4 reporting window).
• Reported transaction type/code: A (award/grant); number of RSUs: 2,975; reported price: $0.00.
• Vesting: 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 (per footnote).
• Shares owned after the transaction: not specified in the filing.
• Economic value: no immediate cash value reported; ultimate value depends on Tamboran’s share price at vesting.

Context
RSU grants are compensation awards, not open‑market purchases or sales. They’re commonly used to retain executives/directors and align pay with future share performance; they do not by themselves signal a private purchase or sale by the insider.