Bellman Jeffrey Lance 4

What Happened Jeffrey Lance Bellman, a director of Tamboran Resources Corp (TBN), had an award/other acquisition reported on Form 4: 4,761 shares were acquired at $21.00 per share on January 16, 2026, with a reported aggregate value of $99,981. This was reported on the Form 4 as an award/grant (transaction code A), not an open‑market buy or sale.

Key Details

• Transaction date and price: 2026-01-16, 4,761 shares at $21.00 each (total $99,981).
• Transaction type: Award/other acquisition (Form 4 code A).
• Filing date: Form 4 filed 2026-01-21 — within the usual two business‑day SEC filing window for Form 4s.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The shares are held indirectly through the Bellman 2010 Trust; Mr. Bellman and his spouse are trustees, he is a beneficiary, and he disclaims beneficial ownership except to the extent of his pecuniary interest (per footnote F1).
• No indication in the filing that the shares were immediately sold or that a 10b5‑1 plan or tax‑withholding occurred.

Context Awards or grants are typically compensation or board‑related equity awards and do not by themselves indicate an insider’s market trading intent. Because these shares are held indirectly via a family trust (per the footnote), reported beneficial ownership may be limited to Mr. Bellman’s pecuniary interest. Retail investors should consider this insider action alongside other filings, company disclosures, and overall ownership trends rather than treating a single award as a standalone signal.