secwatch.observer — SEC 8-K summary
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Issuer:     Tamboran Resources Corp (TBN)
CIK:        0001997652
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001628280-26-001952
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tamboran appoints Todd Abbott as CEO effective Jan 15, 2026; Stoneburner remains Chairman
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- Todd Abbott appointed CEO effective Jan 15, 2026, succeeding interim CEO Richard Stoneburner, who remains Chairman and resumes independent director status.
- Abbott previously served as COO at Seneca Resources and held senior roles at Marathon Oil & Pioneer Natural Resources.
- Initial base salary $550K with 100% target annual cash incentive; $100K sign-on bonus (repayable if resigns within 12 months).
- Long-term incentive: RSUs for 65,320 shares (50% time-vesting, 50% TSR-vested) plus $3.25M make-whole award vesting in 3 years.
- Must relocate to Brisbane, Australia by July 30, 2027 or employment terminates; severance includes 24 months base salary if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1997652/000162828026001952/0001628280-26-001952-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1997652/000162828026001952/trc-20260110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-001952

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