Steven D. Gray - 17 Mar 2026 Form 4 Insider Report for INFINITY NATURAL RESOURCES, INC. (INR)

Reporting relationship: Director
Issuer ticker: INR
Reported as of: 17 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 Mar 2026, 17:25:09 UTC
Prior SEC filing: 05 Mar 2026
Next SEC filing: 21 May 2026
Source filing: View source filing
Reporting owner signature: /s/ Raleigh Wolfe, as Attorney-in-Fact for the Reporting Person

Key filing fact

Steven D. Gray filed Form 4 for INFINITY NATURAL RESOURCES, INC. (INR) on 19 Mar 2026.

Key facts

This page summarizes Steven D. Gray's Form 4 filing for INFINITY NATURAL RESOURCES, INC. (INR).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 19 Mar 2026, 17:25.

Change

Previous filing in this sequence was filed on 05 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001086699 Primary reporting owner

GRAY STEVEN D

Relationship: Director
Address: C/O INFINITY NATURAL RESOURCES, INC., 2605 CRANBERRY SQUARE, MORGANTOWN
Signature: /s/ Raleigh Wolfe, as Attorney-in-Fact for the Reporting Person
Signature date: 19 Mar 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

INR transaction

Class A Common Stock

Options Exercise

Transaction value
Shares: +17,411
Change %
Price
Shares after: 17,411
Date: 17 Mar 2026
Ownership: Direct
Footnotes: F1, F2

INR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 50,000
Date: 17 Mar 2026
Ownership: By: SD Gray Family Partnership LP
Footnotes: F3

INR holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 15,000
Date: 17 Mar 2026
Ownership: By: The Gray Management Trust
Footnotes: F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

INR transaction Derivative

Restricted Stock Units (2025)

Options Exercise

Transaction value
Shares: -17,411
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 17 Mar 2026
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 17,411
Exercise price
Footnotes: F2, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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").

Footnote F2

Each RSU represents the contingent right to receive one share of Common Stock.

Footnote 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.

Footnote 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.

Footnote 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.