INR director receives 17,411 shares on RSU vesting
INFINITY NATURAL RESOURCES, INC. director Steven D. Gray reported the vesting and settlement of 17,411 restricted stock units into 17,411 shares of Class A common stock.
Rhea-AI Filing Summary
INFINITY NATURAL RESOURCES, INC. director Steven D. Gray reported the vesting and settlement of 17,411 restricted stock units into 17,411 shares of Class A common stock. The RSUs, granted on March 17, 2025, vested in full on the first anniversary of the grant date and were delivered at no cash exercise price.
After this transaction, Gray holds 17,411 Class A shares directly. He also has indirect holdings reported as 50,000 Class A shares through SD Gray Family Partnership LP and 15,000 Class A shares through The Gray Management Trust, for which he may be deemed to share beneficial ownership subject to stated pecuniary interest limitations.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,411 shares exercised/converted
Exercise
4 txns
Insider
GRAY STEVEN D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (2025) | 17,411 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 17,411 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (2025) — 0 contracts (Direct);
Class A Common Stock — 17,411 shares (Direct);
Class A Common Stock — 50,000 shares (Indirect, By: SD Gray Family Partnership LP);
Class A Common Stock — 15,000 shares (Indirect, By: The Gray Management Trust)
Footnotes (5)
- F1. Reflects shares of Class A common stock, $0.01 par value per share (the "Common Stock"), of the Issuer delivered upon vesting and settlement of previously awarded restricted stock units ("RSUs").
- F2. Each RSU represents the contingent right to receive one share of Common Stock.
- F3. The Reporting Person exercises 100% control over SD Gray Family Partnership LP ("Gray Family Partnership"). Gray Family Partnership is managed by its general partner, SD Gray Management Co., of which the Reporting Person is the chief executive. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by Gray Family Partnership, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- F4. These securities are owned by The Gray Management Trust, of which the Reporting Person is a trustee and beneficiary. By virtue of the relationship, the Reporting Person may be deemed to have or share beneficial ownership of the securities held of record by The Gray Management Trust, but the Reporting Person disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
- F5. On March 17, 2025, the Reporting Person was granted 17,411 RSUs, which vested in full on the first anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INR director Steven D. Gray report on this Form 4?
Steven D. Gray reported the vesting and settlement of 17,411 restricted stock units into 17,411 shares of INFINITY NATURAL RESOURCES Class A common stock. The RSUs were granted on March 17, 2025 and vested in full one year later, with no cash exercise price.
How many Infinity Natural Resources (INR) RSUs vested for Steven D. Gray?
A total of 17,411 restricted stock units vested for Steven D. Gray, resulting in delivery of 17,411 Class A common shares. Each RSU represented a contingent right to receive one share of common stock, and all units from the March 17, 2025 grant vested together.
What indirect Infinity Natural Resources (INR) holdings are reported for Steven D. Gray?
The filing lists 50,000 Class A shares held indirectly through SD Gray Family Partnership LP and 15,000 Class A shares through The Gray Management Trust. Gray may be deemed to share beneficial ownership but disclaims ownership beyond his direct or indirect pecuniary interest.
Were any open-market buys or sells of INR stock reported by Steven D. Gray?
No open-market purchases or sales were reported. The Form 4 shows an exercise or conversion of 17,411 restricted stock units into common shares, a compensation-related vesting event, rather than a discretionary market trade in Infinity Natural Resources stock.
When were Steven D. Gray’s INR restricted stock units granted and when did they vest?
The restricted stock units were granted on March 17, 2025 and vested in full on the first anniversary of the grant date. On that vesting date, the 17,411 RSUs settled into an equal number of Class A common shares of Infinity Natural Resources.
AI-generated analysis. How Rhea-AI works. Not financial advice.
