Infinity Natural Resources (INR) director Quinn adds 11,497 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INFINITY NATURAL RESOURCES, INC. director and 10% owner William J. Quinn reported an open-market purchase of 11,497 shares of Class A Common Stock at a weighted average price of $13.1991 per share, within a range of $13.17 to $13.20.
Following this transaction, Quinn directly holds 66,000 Class A shares. Separately, 28,894,732 Class A shares are reported as indirectly held through various Pearl Energy investment vehicles, over which Quinn is described as the controlling founder and managing partner, while disclaiming beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Director Quinn made a modest open-market share purchase while retaining large indirect holdings.
Director and 10% owner William J. Quinn bought 11,497 Infinity Natural Resources Class A shares in the open market at a weighted average price of $13.1991, indicating incremental direct ownership rather than option-related activity.
Post-transaction, Quinn directly holds 66,000 shares and reports 28,894,732 additional shares held indirectly through Pearl Energy-affiliated funds. The filing notes he disclaims beneficial ownership of those indirect holdings beyond his pecuniary interest, so the economic exposure depends on his stake in those entities.
This Form 4 reflects a net-buy pattern, but the dollar value and relative size versus the reported indirect position suggest a routine adjustment rather than a thesis-changing move. There is no indication in the excerpt that the trade was made under a pre-arranged Rule 10b5-1 plan.
Insider Trade Summary
Net Buyer: 11,497 shares ($151,750)
Net Buy
2 txns
Insider
Quinn William J
Role
null
Bought
11,497 shs ($152K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 11,497 | $13.1991 | $152K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 66,000 shares (Direct, null);
Class A Common Stock — 28,894,732 shares (Indirect, See footnotes)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares of Class A common stock were purchased by the Reporting Person in multiple transactions at prices ranging from $13.17 to $13.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within this range. The reported securities are directly held by PEI INR Holdings, L.P. ("PEI INR Holdings"), Pearl Energy Investments, L.P. ("Pearl Investments"), Pearl Energy Investments III, L.P. ("Pearl III"), PEI Infinity-S, L.P. ("Pearl Infinity-S"), and PEI INR Co-Invest-B Corp. ("PEI INR Co-Invest" and, collectively, the "Pearl Funds"). Pearl Energy Investment III GP, L.P. ("Pearl III GP") is the general partner of PEI INR Holdings, Pearl III, Pearl Infinity-S and PEI INR A (as defined below). Pearl Energy Investment III UGP, LLC ("Pearl III UGP") is the general partner of Pearl III GP. Pearl Energy Investment GP, L.P. ("Pearl GP") is the general partner of Pearl Investments. Pearl Energy Investment UGP, LLC ("Pearl UGP") is the general partner of Pearl GP. PEI INR Holdings-A, L.P. ("PEI INR A") is the sole shareholder of PEI INR Co-Invest. The Pearl Funds are controlled by William J. Quinn, the founder and managing partner of Pearl Energy Investments. (Continued from footnote 2) The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest therein, and the filing of this Form 4 shall not be construed as an admission that such Reporting Person is the beneficial owner of any or all of the reported securities for the purposes of Section 16 of the Act or for any other purpose.
Key Figures
Open-market purchase: 11,497 shares
Weighted average purchase price: $13.1991 per share
Direct holdings after trade: 66,000 shares
+2 more
5 metrics
Open-market purchase
11,497 shares
Class A Common Stock bought on 2026-06-11
Weighted average purchase price
$13.1991 per share
Open-market purchase range $13.17–$13.20
Direct holdings after trade
66,000 shares
Class A Common Stock held directly by Quinn
Indirectly held shares
28,894,732 shares
Class A shares held via Pearl Energy investment vehicles
Net buy-sell shares
11,497 shares net buy
Transaction summary for this Form 4
Key Terms
open-market purchase, weighted average price, pecuniary interest, beneficial ownership, +2 more
6 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest therein"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership except to the extent of their pecuniary interest"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for the purposes of Section 16 of the Act or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
""ownership_type": "indirect""
FAQ
What did Infinity Natural Resources (INR) director William J. Quinn report on this Form 4?
He reported buying 11,497 shares of Class A Common Stock in an open-market transaction at a weighted average price of about $13.20 per share, increasing his directly held position to 66,000 shares after the trade.
Is William J. Quinn considered a 10% owner of Infinity Natural Resources (INR)?
Yes. The Form 4 identifies Quinn as both a director and a 10% owner. His status is based on the aggregate stake associated with him and related entities, even though he disclaims full beneficial ownership of the indirectly held Pearl Funds’ shares.