Intrepid Potash director granted 2,091 restricted shares

Lancaster Lori A reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Lancaster Lori A reported acquisition or exercise transactions in this Form 4 filing.

Intrepid Potash director Lori A. Lancaster received a grant of 2,091 shares of common stock as equity compensation, with no cash paid per share. The restricted stock will vest in full on May 28, 2027, if she continues serving the company. Following this award, she directly holds 12,631 shares of Intrepid Potash common stock. This is a routine compensation-related equity grant rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 2,091 shares

Grant/Award 1 txn

Insider Lancaster Lori A

Role Director

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

Holdings After Transaction: Common Stock — 12,631 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

Restricted stock granted: 2,091 shares Price per granted share: $0.00 per share Shares held after grant: 12,631 shares +1 more

4 metrics

Restricted stock granted 2,091 shares Common stock award to director on May 28, 2026

Price per granted share $0.00 per share Equity compensation grant, no cash purchase price

Shares held after grant 12,631 shares Director’s direct holdings following the award

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

Key Terms

restricted stock, vest, grant, award, or other acquisition

3 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 financial

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

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

Lori A. Lancaster reported receiving a grant of 2,091 shares of Intrepid Potash common stock. The award is structured as restricted stock and was provided as compensation, with no cash purchase price per share.

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

The Form 4 shows a compensation grant, not an open-market purchase. Lancaster received 2,091 restricted shares with a transaction code "A," indicating a grant, award, or other acquisition from the company rather than a market trade.

When do Lori A. Lancaster’s 2,091 restricted Intrepid Potash (IPI) shares vest?

The 2,091 restricted shares will vest in full on May 28, 2027. Vesting is contingent on Lancaster’s continued service with Intrepid Potash through that date, meaning she must remain in her role to receive the shares outright.

How many Intrepid Potash (IPI) shares does Lori A. Lancaster hold after this Form 4 transaction?

After the grant, Lancaster directly holds 12,631 shares of Intrepid Potash common stock. This total includes the newly awarded 2,091 restricted shares, which will vest in the future if service-based conditions are satisfied.

What does transaction code "A" mean in this Intrepid Potash (IPI) Form 4?

Transaction code "A" on the Form 4 denotes a grant, award, or other acquisition. In this case, it reflects a restricted stock award of 2,091 shares from Intrepid Potash to director Lori A. Lancaster as part of her compensation.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/01/2026 - 04:52 PM EDT Learn about SEC filing dates

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^*

Lancaster Lori A

(Last) (First) (Middle)

C/O INTREPID POTASH, INC.

707 17TH STREET, SUITE 4200

(Street)

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	12,631	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)