Infinity Natural Resources CFO buys 22,316 shares

Posted by Jessica Moore on Sep 28th, 2026

What happened

Cary D Baetz, EVP and CFO of INFINITY NATURAL RESOURCES, INC. (NYSE: INR), bought 22,316 shares over two sessions. The Form 4 says he bought 22,000 shares of Class A Common Stock on 09/24/2026 and 316 shares on 09/25/2026. Both purchases were coded P, which marks them as purchases in the form's table.

The reported price range was from $13.44 to $13.58 per share. The table shows a weighted average price of $13.441 and direct ownership after the trades. The filing says the shares were bought in multiple transactions, and after the reported purchases Baetz held 22,316 shares directly. The filing was signed 09/28/2026 by Raleigh Wolfe, as Attorney-in-Fact for the Reporting Person. The provided filing text does not identify a Rule 10b5-1 plan.

Key numbers

Metric	Latest	Source
Shares bought	22,316 shares	SEC Form 4
Reported price range	from $13.44 to $13.58 per share	SEC Form 4
Weighted average price	$13.441	SEC Form 4
Reported value	about $299,993	SEC Form 4
Shares held after purchase	22,316 shares	SEC Form 4

Why it matters

On the filing's numbers, Baetz added 22,316 shares for about $299,993, which puts a concrete dollar amount on the insider buy. That matters because he is the company's EVP and CFO, so the trade adds a management-owned data point to the name. The second-day purchase was 316 shares, about 1.4% of the total.

The reported price band is $0.14 wide, which keeps the trade within a narrow range. That makes the filing a baseline for later comparisons, not a conclusion by itself. Still, this is one insider purchase. It does not show an operating turn or prove that the company's acreage is producing repeatable cash-on-cash drilling returns.

What's next

Investors will next watch INFINITY NATURAL RESOURCES, INC.'s next quarterly report for operating evidence that matches the insider buy. That report matters more than the stock purchase itself, because it is the first future datapoint that can test the case about repeatable cash-on-cash drilling returns. Until then, the Form 4 mainly sets a baseline for monitoring whether management's buying lines up with later operating results.

If results strengthen, the filing becomes a more useful reference point. If they do not, it stays a single sentiment point rather than proof of the case. The next report is the cleanest future check on whether the buy tracks execution.

Sources

SEC Form 4 — Statement of changes in beneficial ownership for Cary D Baetz at INFINITY NATURAL RESOURCES, INC.

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Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.