Intrepid Potash (IPI) CEO converts PSUs, withholds 755 shares for taxes
Rhea-AI Filing Summary
Intrepid Potash, Inc. Chief Executive Officer Kevin S. Crutchfield exercised 2,039.0000 Performance Restricted Stock Units on July 25, 2026, receiving the same number of common shares at $0.0000 per share. The issuer withheld 755.0000 shares at $34.2200 per share to cover tax obligations, and 10,193.0000 PSUs remain outstanding, earned based on absolute total stockholder return (aTSR) and subject to additional time-vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,284 shares
Net Buy
3 txns
Insider
Crutchfield Kevin S
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Unit F3 | 2,039 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,039 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 755 | $34.22 | $26K |
Holdings After Transaction:
Performance Restricted Stock Unit — 10,193 shares (Direct);
Common Stock — 109,657 shares (Direct)
Footnotes (3)
- F1. Represents shares earned upon achievement of certain levels of absolute total stockholder return (aTSR) under Performance Restricted Stock Units ("PSUs") originally granted on March 17, 2025. See footnote 3 below.
- F2. Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs.
- F3. Each PSU represents the contingent right to receive one share of the issuer's common stock upon the applicable vesting conditions. The PSUs are earned based on certain levels of absolute total stockholder return (aTSR) on or prior to March 17, 2029. Earned PSU's are subject to additional time-vesting, with one-half of the earned PSUs vesting immediately and the remaining one-half vesting on the one-year anniversary of the date the PSU aTSR threshold was achieved. The PSUs are reported at the maximum level of aTSR achievement.
Key Figures
PSUs exercised: 2039.0000 units
Common shares received: 2039.0000 shares
Shares withheld for taxes: 755.0000 shares
+2 more
5 metrics
PSUs exercised
2039.0000 units
Performance Restricted Stock Units converted to common stock on July 25, 2026
Common shares received
2039.0000 shares
Shares of common stock issued upon PSU vesting and exercise at $0.0000 per share
Shares withheld for taxes
755.0000 shares
Common shares withheld by the issuer to cover tax witholding obligations on PSU vesting
Tax withholding price
$34.2200 per share
Price used to value common shares withheld for tax obligations
PSUs remaining outstanding
10193.0000 units
Performance Restricted Stock Units remaining after the reported exercise
Key Terms
Performance Restricted Stock Unit, absolute total stockholder return (aTSR), tax witholding obligations, contingent right
4 terms
Performance Restricted Stock Unit financial
"Represents shares earned upon achievement of certain levels ... under Performance Restricted Stock Units"
absolute total stockholder return (aTSR) financial
"earned based on certain levels of absolute total stockholder return (aTSR) on or prior to March 17, 2029"
tax witholding obligations financial
"Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs"
contingent right financial
"Each PSU represents the contingent right to receive one share of the issuer's common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Intrepid Potash (IPI) report for CEO Kevin Crutchfield?
Kevin S. Crutchfield exercised 2,039.0000 Performance Restricted Stock Units on July 25, 2026, receiving the same number of common shares at $0.0000 per share. The company withheld 755.0000 shares at $34.2200 per share to satisfy related tax obligations.
What are the key terms of the Performance Restricted Stock Units reported by Intrepid Potash (IPI)?
Each PSU is a contingent right to one common share, earned based on absolute total stockholder return (aTSR) on or before March 17, 2029. Earned PSUs then time-vest: half immediately, and half on the one-year anniversary of the aTSR threshold achievement.
How many Performance Restricted Stock Units remain outstanding for Intrepid Potash (IPI) CEO Kevin Crutchfield?
After the reported transaction, 10,193.0000 PSUs remain outstanding for Kevin S. Crutchfield. These PSUs are reported at the maximum aTSR achievement level and remain subject to the specified aTSR performance targets and additional time-vesting conditions.
Were the reported Intrepid Potash (IPI) insider transactions made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating use of a trading plan. The reported PSU exercise and tax withholding therefore are not identified as being executed under a Rule 10b5-1 plan.