Intrepid Potash CAO granted 1,897 restricted shares
Intrepid Potash, Inc. reported that Chief Accounting Officer Cris Ingold received a grant of 1,897 shares of common stock as restricted stock, awarded at no cash cost.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Intrepid Potash, Inc. reported that Chief Accounting Officer Cris Ingold received a grant of 1,897 shares of common stock as restricted stock, awarded at no cash cost. The restricted shares vest in three equal annual installments beginning on March 17, 2027, conditioned on continued employment through each vesting date.
To cover tax withholding obligations upon vesting of equity awards, the issuer withheld 471 shares at a value of $41.94 per share. Following these transactions, Ingold directly holds 13,606 shares of Intrepid Potash common stock. The withholding is not an open-market sale but a tax payment mechanism.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,897 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 471 | $41.94 | $20K |
Footnotes (2)
- F1. Represents a grant of restricted stock that vests in three equal annual installments beginning on March 17, 2027, subject to the reporting person's continued employment with the issuer through each vesting date.
- F2. Represents shares withheld by the issuer to cover the tax withholding obligations upon vesting of equity awards.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Cris Ingold report for Intrepid Potash (IPI)?
What is the vesting schedule for Cris Ingold’s new Intrepid Potash (IPI) restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.