Director Steven D. Gray granted 17,401 RSUs at INFINITY NATURAL (INR)

Rhea-AI Filing Summary

INFINITY NATURAL RESOURCES, INC. reported that director Steven D. Gray acquired 17,401 Restricted Stock Units (2026) as a grant or award. Each RSU represents the right to receive one share of Class A common stock. The RSUs vest in full on March 3, 2027, subject to his continued service through that date.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GRAY STEVEN D

(Last) (First) (Middle)

C/O INFINITY NATURAL RESOURCES, INC.

2605 CRANBERRY SQUARE

(Street)

MORGANTOWN WV 26508

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
INFINITY NATURAL RESOURCES, INC. [ INR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (2026)	(1)	03/03/2026		A		17,401		(1)	(1)	Class A Common Stock	17,401	$0	17,401	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock, $0.01 par value per share, of the Issuer. The RSUs vest in full on March 3, 2027, subject to the Reporting Person's continued service through such date.

	/s/ Raleigh Wolfe, as Attorney-in-Fact for the Reporting Person	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did INR director Steven D. Gray report on this Form 4?

Steven D. Gray reported receiving a grant of 17,401 Restricted Stock Units (2026) from Infinity Natural Resources, Inc. Each RSU represents the contingent right to receive one share of Class A common stock, subject to vesting conditions tied to future service.

How many Restricted Stock Units did INR grant to Steven D. Gray?

Infinity Natural Resources, Inc. granted Steven D. Gray 17,401 Restricted Stock Units (2026). Following this award, his reported holdings in these RSUs total 17,401 units, reflecting this single grant recorded in the Form 4 insider transaction report.

When do Steven D. Gray’s INR Restricted Stock Units vest?

The Restricted Stock Units granted to Steven D. Gray vest in full on March 3, 2027. Vesting is contingent on his continued service with Infinity Natural Resources, Inc. through that date, meaning he must remain in his role until vesting occurs.

What does each INR Restricted Stock Unit represent for Steven D. Gray?

Each Restricted Stock Unit granted to Steven D. Gray represents the contingent right to receive one share of Infinity Natural Resources, Inc. Class A common stock. Actual share delivery depends on the RSUs vesting according to the stated March 3, 2027 schedule.

Was there a purchase price for Steven D. Gray’s INR RSU grant?

The Form 4 lists the transaction price for Steven D. Gray’s 17,401 Restricted Stock Units as 0.0000 per unit. This indicates the RSUs were received as a grant or award rather than through an open-market purchase of Infinity Natural Resources, Inc. shares.

Is Steven D. Gray’s RSU holding in INR direct or indirect ownership?

Steven D. Gray’s 17,401 Restricted Stock Units are reported as directly owned. The Form 4 marks the ownership type as direct, and there are no footnotes indicating that the RSUs are held through any separate entity, trust, or partnership arrangement.