secwatch.observer — SEC 8-K summary
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Issuer:     Tamboran Resources Corp (TBN)
CIK:        0001997652
Form:       8-K/A
Filed at:   2025-10-17T23:59:59+00:00
Accession:  0001628280-25-045342
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tamboran finalizes interim CEO compensation: 27,251 shares fully vested
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- Interim CEO Dick Stoneburner to receive 27,251 shares of common stock (value ~$500,000) as sole compensation.
- Share award fully vested at grant; term runs 6 months from July 28, 2025, or until permanent CEO hired.
- Award subject to shareholder approval; Stoneburner continues as Chairman of the Board.
- Letter agreement signed October 15, 2025, effective retroactively to July 28, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997652/000162828025045342/0001628280-25-045342-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997652/000162828025045342/trc-20250727.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-045342

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer