Tamboran Director Scott Sheffield Increases Indirect Shareholding via On-Market Purchase

Tamboran Resources Limited ( (AU:TBN) ) has shared an update.

Tamboran Resources Corporation has disclosed a change in director Scott D. Sheffield’s interests in the company’s common stock, as required under ASX listing rules. Sheffield holds shares both directly and indirectly through broker-dealers Merrill Lynch and Charles Schwab.

On 8 April 2026, Sheffield acquired 6,990 Tamboran common shares via on-market trades executed through Charles Schwab for a total consideration of about $251,774 at an average price of $36.02 per share. Following the transaction, his indirect holdings through Schwab increased from zero to 6,990 shares, while his other direct and Merrill Lynch-held positions remained unchanged.

The notice formalizes the updated breakdown of Sheffield’s ownership, confirming he now controls stakes through both major U.S. broker-dealers in addition to his directly registered holding. This adjustment in a director’s equity position provides investors greater transparency over insider exposure and alignment with shareholder interests, in line with corporate governance requirements on the ASX.

More about Tamboran Resources Limited

Tamboran Resources Corporation is an energy company engaged in the exploration and development of natural gas resources. The company is listed on the ASX and its capital structure includes common stock held directly and via major broker-dealers acting on behalf of its directors and investors.

Average Trading Volume: 3,073,870

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.28B

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