Wolfe Raleigh 4

What Happened
Wolfe Raleigh, General Counsel and Secretary of Infinity Natural Resources, received 62,500 shares of Class A common stock on Feb 3, 2026 upon vesting and settlement of previously awarded RSUs. To satisfy tax withholding, 15,968 of those shares were withheld at an indicated value of $16.52 per share (totaling $263,791), leaving a net issuance of 46,532 shares to Raleigh. This was an award/settlement of restricted stock units (not an open-market purchase or a voluntary sale).

Key Details

• Transaction date: February 3, 2026; Form 4 filed Feb 5, 2026 (timely filing).
• Primary codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to pay taxes.
• Gross shares issued on vesting: 62,500 RSUs (each RSU = 1 share).
• Shares withheld for taxes: 15,968 @ $16.52 = $263,791.
• Net shares delivered to insider: 46,532 shares (62,500 − 15,968).
• Footnotes: RSUs were granted Feb 3, 2025 and vested in full on the first anniversary; withholding is routine tax payment on vesting.
• Shares owned after the transaction: not specified in this filing.

Context

• This filing reflects the settlement of previously granted RSUs — a standard compensation event for executives — not a market purchase or directional sale.
• Withholding a portion of shares to cover taxes is a common, routine way to satisfy tax liabilities on vested awards; it does not necessarily indicate insider sentiment about the stock.