INFINITY NATURAL RESOURCES, INC. — Director's Dealing 2025

Jan 31, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: INFINITY NATURAL RESOURCES, INC. (INR)
CIK: 0002029118
Period of Report: 2025-01-30

Reporting Person: PEI INR Holdings, L.P. (N/A)
Reporting Person: Pearl Energy Investments III, L.P. (N/A)
Reporting Person: PEI Infinity-S, LP (N/A)
Reporting Person: PEARL ENERGY INVESTMENTS, L.P. (N/A)
Reporting Person: PEI INR Co-Invest-B, Corp (N/A)
Reporting Person: Quinn William J (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	28894732	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Units of Infinity Natural Resources, LLC	$		Class A Common Stock (28894732)		Indirect

Footnotes

F1: Pursuant to the Second Amended and Restated Limited Liability Company Agreement of Infinity Natural Resources, LLC ("INR LLC"), at the request of each holder, each Common Unit of INR LLC (together with the cancellation for no consideration of an equal number of shares of Class B Common Stock, par value $0.01 per share, of the Issuer) may be redeemed at INR LLC's election for (a) newly-issued shares of Class A Common Stock, par value $0.01 per share, of the Issuer on a one-for-one basis or (b) cash. The Common Units do not expire. Shares of Class B Common Stock do not represent economic interests in the Issuer.

F2: 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.

F3: (Continued from footnote 2) The Reporting Persons disclaim 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 or for any other purpose.