Sheffield Bryan

10% owner Sheffield Bryan buys 563,697 shares of TBN at $17.74 ($10.0M) on 2025-07-22, raising stake to 3.12M shares (+22.0%)

Sheffield Bryan, a 10% owner of Tamboran Resources, deployed approximately $10.0M to purchase 563,697 shares at $17.74, increasing his post-transaction holdings to 3.12M shares—a 22.0% increase from his prior 2.56M-share position. The purchase occurs at a price 9.0% below the current $19.50 market price, though the stock trades at -34.1% from its 52-week high and -14.4% over the past 30 days. Notably, Bryan's prior two purchases at TBN (on 2024-08-30 and 2024-06-28) both experienced negative 90-day returns of -10.5% and -18.8% respectively, with 0 of 2 prior buys well-timed at the 90-day mark, establishing a pattern of post-purchase declines at this ticker. The company generated $0.00 in latest-quarter revenue, reported a net loss of $6.7M, and carries a market cap of $283.5M, leaving the fundamental backdrop for this accumulation opaque.

10% owner Sheffield Bryan bought 12,424 TBN shares at $20.12 on 2024-08-30; stock -19.3% from 52-week high

Sheffield Bryan, a 10% owner, purchased 12,424 shares at $20.12 on 2024-08-30, increasing his holdings from 2,234,980 shares to 2,247,404 shares. This modest acquisition of 0.6% of his existing position occurred as the stock trades at $19.95, down 19.3% from its 52-week high of $24.72. His cross-ticker track record shows 1 prior buy with an average 30-day return of +1.1%, while his single prior trade at Tamboran on 2024-06-28 returned +1.1% over 30 days. The timing context is limited, however, as no prior buys in his open-market history have yielded measurable 90-day outcomes, and the current 30-day performance shows the stock declining 12.6%, reversing the modest gains seen earlier in the year.

10% Owner Sheffield Bryan buys 500,000 shares of TBN at $24.00 ($12.0M) on 2024-06-28; 7 other insiders bought in past 14 days

Sheffield Bryan, a 10% owner, purchased 500,000 shares at $24.00 for $12.0M on 2024-06-28, increasing his holdings from 1,734,980 shares to 2,234,980 shares (+28.8% increase in his position). This transaction occurs during the stock's first week after recent listing; current price stands at $23.57 as of 2024-07-02, just 4 trading days later. The significance is amplified by a cluster pattern: 7 other insiders also made purchases within the same 14-day window, indicating coordinated accumulation by multiple company insiders at similar price levels. This concentrated buying activity from multiple stakeholders warrants investor attention as it reflects major shareholders' positioning during the early public market phase.