Intrepid Potash CEO granted 22,766 restricted shares
Intrepid Potash, Inc. Chief Executive Officer Kevin S. Crutchfield received a grant of 22,766 shares of common stock as restricted stock.
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Rhea-AI Filing Summary
Intrepid Potash, Inc. Chief Executive Officer Kevin S. Crutchfield received a grant of 22,766 shares of common stock as restricted stock. These shares vest in three equal annual installments beginning on March 17, 2027, contingent on his continued employment through each vesting date.
To satisfy tax withholding obligations on previously vesting equity awards, 3,297 shares of common stock were withheld by the company at a price of $41.94 per share. After these transactions, Crutchfield directly holds 105,915 shares of Intrepid Potash common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,766 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,297 | $41.94 | $138K |
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 did Intrepid Potash (IPI) CEO Kevin Crutchfield receive in this Form 4 filing?
Was the restricted stock grant to Intrepid Potash’s CEO made at a purchase price?
Does this Intrepid Potash Form 4 indicate any option exercises or derivative transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.