Form 4: Tamboran Resources Corp Director Richard K Stoneburner Reports Transaction
SEC Form 4 Filing
Director Richard K Stoneburner reports the acquisition and disposal of Tamboran Resources Corp shares on June 28, 2024.
Summary
- Richard K Stoneburner, a director of Tamboran Resources Corp, reported a transaction on June 28, 2024.
- Stoneburner acquired 8,500 shares of common stock at a price of $24 per share.
- Stoneburner disposed of 39,233 shares of common stock.
- Following the reported transactions, Stoneburner beneficially owns an unspecified amount of common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard SEC filing reporting a transaction. The acquisition and disposal could be for a variety of reasons.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company directors and officers.
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 prospects.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: acquisition and disposal of shares. |
| 07/02/2024 | Date of signature by Attorney-in-Fact. |
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