Director at Intrepid Potash (IPI) receives 2,091-share restricted stock grant

Rhea-AI Filing Summary

Elliott Chris A. reported acquisition or exercise transactions in this Form 4 filing.

Intrepid Potash, Inc. director Chris A. Elliott received a grant of 2,091 shares of common stock as restricted stock, with no cash paid per share. These shares will vest in full on May 28, 2027, if he continues serving the company through that date.

After this award, Elliott directly holds 48,776 shares of Intrepid Potash common stock, reflecting a routine, compensation-related equity grant rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Elliott Chris A.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,091	$0.00	--

Holdings After Transaction: Common Stock — 48,776 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 2,091 shares Grant price per share: $0.00 per share Shares after transaction: 48,776 shares +1 more

4 metrics

Restricted stock grant 2,091 shares Grant of common stock on May 28, 2026

Grant price per share $0.00 per share Compensation-related award, not open-market purchase

Shares after transaction 48,776 shares Director’s direct holdings following the grant

Vesting date May 28, 2027 Restricted stock vests in full if service continues

Key Terms

restricted stock, vest in full, grant, award, or other acquisition, Form 4

4 terms

restricted stock financial

"Represents a grant of restricted stock that will vest in full on May 28, 2027"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vest in full financial

"will vest in full on May 28, 2027, subject to the reporting person's continued service"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Elliott Chris A.

(Last) (First) (Middle)

C/O INTREPID POTASH, INC.

707 17TH STREET, SUITE 4200

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Intrepid Potash, Inc. [ IPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/28/2026		A		2,091(1)	A	$0.0000	48,776	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a grant of restricted stock that will vest in full on May 28, 2027, subject to the reporting person's continued service for the company through the vesting date.

	/s/ Christina Sheehan, as attorney-in-fact	06/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Intrepid Potash (IPI) director Chris A. Elliott report on this Form 4?

Chris A. Elliott reported receiving a grant of 2,091 shares of Intrepid Potash common stock as restricted stock. The award is compensation-related, carries no purchase price, and increases his direct holdings to 48,776 shares following the transaction disclosed in the filing.

Is the Intrepid Potash (IPI) Form 4 transaction a stock purchase or a grant?

The Form 4 reflects a stock grant, not an open-market purchase. Elliott received 2,091 restricted shares at a stated price of $0.00 per share as a compensation-related award, rather than buying shares in the market for cash consideration.

When do the restricted shares granted to the Intrepid Potash (IPI) director vest?

The 2,091 restricted shares granted to Chris A. Elliott will vest in full on May 28, 2027. Vesting is contingent on his continued service with Intrepid Potash through that vesting date, as specified in the footnote to the reported transaction.

How many Intrepid Potash (IPI) shares does the director hold after this Form 4 transaction?

After the restricted stock grant, Chris A. Elliott directly holds 48,776 shares of Intrepid Potash common stock. This total includes the newly awarded 2,091 restricted shares reported in the filing and reflects his position immediately following the transaction date.

Does the Intrepid Potash (IPI) Form 4 indicate any stock sales by the director?

The Form 4 does not report any stock sales. It shows only an acquisition via a grant of 2,091 restricted shares, coded as a grant or award. The transaction direction is classified as an acquisition rather than a disposition or open-market sale.