Form 4: Tamboran Resources Corp Director, Fredrick J Barrett, Reports Changes in Beneficial Ownership
SEC Form 4
Director Fredrick J Barrett reports acquisition and disposal of Tamboran Resources Corp stock.
Summary
- On June 28, 2024, Fredrick J Barrett, a director of Tamboran Resources Corp, reported changes in beneficial ownership of the company's common stock.
- Barrett acquired 6,600 shares of common stock at a price of $24 per share.
- Barrett also disposed of 14,033 shares of common stock.
- Following these transactions, Barrett directly owns 24 shares and indirectly owns 22,705 shares through a joint account.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of their confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into their perspective on the company's value and future performance.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: acquisition and disposal of common stock |
| 07/02/2024 | Date of signature by Attorney-in-Fact |
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