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Restricted stock grant boosts Intrepid Potash (NYSE: IPI) director’s holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Lancaster Lori A
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,091 $0.00 --
Holdings After Transaction: Common Stock — 12,631 shares (Direct, null)
Footnotes (1)
  1. [object Object]
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
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"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026A2,091(1)A$0.000012,631D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-fact06/01/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

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.