STOCK TITAN

Infinity Natural (INR) grants 130,510 performance stock units to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sproule David reported acquisition or exercise transactions in this Form 4 filing.

INFINITY NATURAL RESOURCES, INC. director and officer David Sproule received a grant of 130,510 Performance Stock Units (2026) at a price of $0.00 per unit. This is an equity award, not an open‑market purchase.

Each performance stock unit represents a contingent right to receive from zero to three shares of Class A common stock. Payout depends on the company’s relative and absolute total shareholder return over a performance period from January 1, 2026 through December 31, 2028, and on Sproule’s continued service through the date performance results are determined.

Positive

  • None.

Negative

  • None.
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*
Sproule David

(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
X Officer (give title below) Other (specify below)
See Remarks
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
Performance Stock Units (2026) (1) 03/03/2026 A 130,510 (1) (1) Class A Common Stock 130,510(1) $0 130,510 D
Explanation of Responses:
1. Each performance stock unit ("PSU") represents a contingent right to receive from zero to three shares of Class A common stock, $0.01 par value per share, of the Issuer 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:
Executive Vice President and Chief Financial Officer
/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).
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.

FAQ

What insider transaction did INR report for David Sproule on this Form 4?

INR reported that director and officer David Sproule acquired 130,510 Performance Stock Units (2026) as an equity award. The units were granted at $0.00 per unit and are classified as a derivative security on the Form 4.

How many Infinity Natural Resources PSUs did David Sproule receive?

David Sproule received 130,510 Performance Stock Units (2026) from Infinity Natural Resources. These units were granted with no cash exercise price and increase his directly held derivative securities balance to 130,510 units following the transaction, according to the Form 4 disclosure.

What does each Infinity Natural Resources Performance Stock Unit represent?

Each Performance Stock Unit represents a contingent right to receive zero to three shares of INR Class A common stock. The actual number depends on the company’s relative and absolute total shareholder return and other conditions described in the award terms.

What performance period applies to INR’s 2026 Performance Stock Units?

The 2026 Performance Stock Units use a performance period from January 1, 2026 through December 31, 2028. Company performance over this timeframe, measured by total shareholder return, will determine how many shares, if any, are ultimately delivered for each unit.

What conditions must be met for David Sproule to receive INR shares from these PSUs?

To receive INR shares from these PSUs, the company must meet specified total shareholder return goals relative to peers and on an absolute basis. In addition, Sproule must remain in service through the date when performance results are determined.

Did David Sproule pay cash for the Infinity Natural Resources PSUs?

No, David Sproule did not pay cash for the PSUs. The Form 4 shows a transaction price per unit of $0.00, indicating the award was granted as equity compensation rather than purchased in an open‑market transaction.
Infinity Natural Resources

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MORGANTOWN