Infinity Natural Resources (NYSE: INR) awards RSUs and performance units to EVP and CFO

Q: What equity awards did INR grant to EVP and CFO Cary D. Baetz on August 12, 2026?

INR granted Cary D. Baetz 31,818 Restricted Stock Units and 31,818 Performance Stock Units . The RSUs vest over three years, while the PSUs pay out based on shareholder return performance and continued service conditions.

Q: How do the Restricted Stock Units granted by INR (INR) to Cary Baetz vest?

Each RSU represents one share of Class A common stock and vests in three equal annual installments , beginning one year from the grant date. Vesting is conditioned on Baetz’s continued service through each vesting date.

Q: What is the performance period for the INR Performance Stock Units granted in 2026?

The PSUs use a performance period beginning on January 1, 2026 and ending on December 31, 2028 . Payout depends on INR’s relative total shareholder return versus its peer group and its absolute shareholder return over this period.

Q: What class of stock underlies the INR RSUs and PSUs granted to the CFO?

Both the RSUs and PSUs are based on Class A common stock of INR, with a stated par value of $0.01 per share . Settlement of vested or earned units would be in this class of stock, subject to award terms.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Baetz Cary D reported acquisition or exercise transactions in this Form 4 filing.

INFINITY NATURAL RESOURCES, INC. reported that EVP and CFO Cary D. Baetz received equity-based compensation awards. On August 12, 2026, he was granted 31,818 Restricted Stock Units (2026), each representing one share of Class A common stock that vests in three equal annual installments beginning one year from the grant date, subject to continued service. He was also granted 31,818 Performance Stock Units (2026), each representing a contingent right to receive from zero to three shares of Class A common stock based on relative and absolute shareholder return over a performance period from January 1, 2026 to December 31, 2028, and subject to continued service through determination of the performance results.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Baetz Cary D

Role EVP and CFO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units (2026) ^F1	31,818	$0.00	$0.00
Grant/Award	Performance Stock Units (2026) ^F2	31,818	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (2026) — 31,818 shares (Direct); Performance Stock Units (2026) — 31,818 shares (Direct)

Footnotes (2)

F1. Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock, $0.01 par value per share (the "Class A Common Stock"), of the Issuer. The RSUs vest in three equal annual installments beginning one year from the date of grant, subject to the Reporting Person's continued service through such dates.
F2. Each performance stock unit ("PSU") represents a contingent right to receive from zero to three shares of Class A Common Stock depending upon the achievement of the Issuer's relative total shareholder return as compared to its peer group and absolute shareholder return, in each case, over the performance period beginning on January 1, 2026 and ending on December 31, 2028 and subject to the Reporting Person's continued service through the date that such performance results are determined.

Key Figures

RSUs granted: 31,818 units RSU post-transaction holdings: 31,818 units PSUs granted: 31,818 units +5 more

8 metrics

RSUs granted 31,818 units Restricted Stock Units (2026) granted to EVP and CFO on August 12, 2026

RSU post-transaction holdings 31,818 units Restricted Stock Units (2026) held directly after the award

PSUs granted 31,818 units Performance Stock Units (2026) granted to EVP and CFO on August 12, 2026

PSU post-transaction holdings 31,818 units Performance Stock Units (2026) held directly after the award

PSU payout range 0 to 3 shares per unit Each PSU may settle into zero to three shares of Class A common stock

PSU performance period start January 1, 2026 Beginning of the performance period for the PSUs

PSU performance period end December 31, 2028 End of the performance period for the PSUs

Par value per share $0.01 per share Par value of the Class A common stock underlying the RSUs and PSUs

Key Terms

Restricted Stock Units, Performance Stock Units, relative total shareholder return, absolute shareholder return

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents the contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Performance Stock Units financial

"Each performance stock unit ("PSU") represents a contingent right to receive from zero to three"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

relative total shareholder return financial

"depending upon the achievement of the Issuer's relative total shareholder return as compared"

Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.

absolute shareholder return financial

"and absolute shareholder return, in each case, over the performance period"

FAQ

What equity awards did INR grant to EVP and CFO Cary D. Baetz on August 12, 2026?

INR granted Cary D. Baetz 31,818 Restricted Stock Units and 31,818 Performance Stock Units. The RSUs vest over three years, while the PSUs pay out based on shareholder return performance and continued service conditions.

How do the Restricted Stock Units granted by INR (INR) to Cary Baetz vest?

Each RSU represents one share of Class A common stock and vests in three equal annual installments, beginning one year from the grant date. Vesting is conditioned on Baetz’s continued service through each vesting date.

How are the Performance Stock Units for INR’s CFO determined and settled?

Each PSU granted to INR’s CFO represents a contingent right to receive zero to three shares of Class A common stock. The actual number depends on relative total shareholder return and absolute shareholder return over the 2026–2028 performance period and continued service.

What is the performance period for the INR Performance Stock Units granted in 2026?

The PSUs use a performance period beginning on January 1, 2026 and ending on December 31, 2028. Payout depends on INR’s relative total shareholder return versus its peer group and its absolute shareholder return over this period.

Did the Form 4 for INR report any open-market stock purchases or sales by Cary Baetz?

No open-market purchases or sales were reported. The Form 4 only reports grants of RSUs and PSUs, both classified as derivative securities awarded as compensation, with no buy or sell transactions in common stock.

What class of stock underlies the INR RSUs and PSUs granted to the CFO?

Both the RSUs and PSUs are based on Class A common stock of INR, with a stated par value of $0.01 per share. Settlement of vested or earned units would be in this class of stock, subject to award terms.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/14/2026 - 07:13 PM Accepted by SEC EDGAR 08/14/2026 - 07:13 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Baetz Cary D

(Last)

(First)

(Middle)

C/O INFINITY NATURAL RESOURCES, INC.

2605 CRANBERRY SQUARE

(Street)

MORGANTOWN

WEST VIRGINIA

26508

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/12/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (2026)	⁽¹⁾	08/12/2026		A		31,818		⁽¹⁾	⁽¹⁾	Class A Common Stock	31,818	$0	31,818	D
Performance Stock Units (2026)	⁽²⁾	08/12/2026		A		31,818		⁽²⁾	⁽²⁾	Class A Common Stock	31,818⁽²⁾	$0	31,818	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 (the "Class A Common Stock"), of the Issuer. The RSUs vest in three equal annual installments beginning one year from the date of grant, subject to the Reporting Person's continued service through such dates.

2. Each performance stock unit ("PSU") represents a contingent right to receive from zero to three shares of Class A Common Stock depending upon the achievement of the Issuer's relative total shareholder return as compared to its peer group and absolute shareholder return, in each case, over the performance period beginning on January 1, 2026 and ending on December 31, 2028 and subject to the Reporting Person's continued service through the date that such performance results are determined.

Remarks:

	/s/ Raleigh Wolfe, as Attorney-in-Fact for the Reporting Person	08/14/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR