Intrepid Potash (IPI) director sells 4,800 shares around $45

Rhea-AI Filing Summary

Intrepid Potash, Inc. director Lori A. Lancaster reported an open-market sale of company stock. On May 12, 2026, she sold 4,800 shares of common stock at a weighted average price of $45.2395 per share, through multiple trades between $45.15 and $45.31. After these transactions, she directly holds 10,540 shares of Intrepid Potash common stock.

Insider Trade Summary

Net Seller: 4,800 shares ($217,150)

Net Sell 1 txn

Insider Lancaster Lori A

Role null

Sold 4,800 shs ($217K)

Type	Security	Shares	Price	Value
Sale	Common Stock	4,800	$45.2395	$217K

Holdings After Transaction: Common Stock — 10,540 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 4,800 shares Weighted average sale price: $45.2395 per share Post-transaction holdings: 10,540 shares +1 more

4 metrics

Shares sold 4,800 shares Open-market sale of common stock on May 12, 2026

Weighted average sale price $45.2395 per share Average price for 4,800 shares sold

Post-transaction holdings 10,540 shares Common stock directly owned after the sale

Sale price range $45.15–$45.31 per share Range of individual trade prices for the sale

Key Terms

open-market sale, non-derivative, weighted average price, Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

non-derivative financial

""transaction_type": "non-derivative""

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

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^*

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)
05/12/2026

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	05/12/2026		S		4,800	D	$45.2395(1)	10,540	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.15 to $45.31, inclusive. The reporting person undertakes to provide to the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the aforementioned range.

	/s/ Christina Sheehan, as attorney-in-fact	05/14/2026
	** 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 insider transaction did Intrepid Potash (IPI) report for Lori A. Lancaster?

Lori A. Lancaster reported selling 4,800 shares of Intrepid Potash common stock in an open-market transaction. The filing shows this as a non-derivative sale, meaning it involved regular shares rather than options or other derivatives.

At what price did Lori A. Lancaster sell Intrepid Potash (IPI) shares?

The weighted average sale price was $45.2395 per share for the 4,800 shares sold. A footnote explains the stock was sold in multiple trades within a price range from $45.15 to $45.31 per share.

How many Intrepid Potash (IPI) shares does Lori A. Lancaster hold after the sale?

After the reported sale, Lori A. Lancaster directly holds 10,540 shares of Intrepid Potash common stock. This figure reflects her position immediately following the 4,800-share open-market disposition disclosed in the Form 4 filing.

Was the Intrepid Potash (IPI) insider trade a buy or a sell?

The Form 4 reports a sell transaction by director Lori A. Lancaster. The transaction code "S" and description identify it as an open-market or private sale of 4,800 shares of Intrepid Potash common stock.

Did the Intrepid Potash (IPI) Form 4 involve options or other derivatives?

No, the reported transaction involved non-derivative common stock. The filing classifies the 4,800-share sale as a non-derivative transaction, and the derivative section of the summary contains no remaining option or similar positions.

How was the sale price range for the Intrepid Potash (IPI) insider trade described?

The filing states the sale price as a weighted average of $45.2395 per share. A footnote clarifies the 4,800 shares were sold in multiple trades at prices between $45.15 and $45.31 per share.