Restricted stock grant lifts Intrepid Potash (NYSE: IPI) director stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avendano Gonzalo M reported acquisition or exercise transactions in this Form 4 filing.
Intrepid Potash director Gonzalo M. Avendano received a grant of 2,091 shares of common stock as restricted stock. The award was made at a price of $0.00 per share and will vest in full on May 28, 2027, subject to his continued service with the company through that date.
After this grant, he directly holds 5,419 shares of Intrepid Potash common stock. The filing also lists indirect holdings: 8,000 shares held by his spouse, 3,725 shares held by his children, and 1,203,222 shares held by Clearway Capital Management LLC. Footnotes state he disclaims beneficial ownership of the Clearway and certain family-held shares except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Avendano Gonzalo M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,091 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,419 shares (Direct, null);
Common Stock — 3,725 shares (Indirect, By Children)
Footnotes (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. The securities are held by Clearway Capital Management LLC ("CCM"), which is wholly owned by Clearway Trust. The reporting person is an investment advisor of CCM. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 orfor any other purpose, except to the extent of his pecuniary interest.
Key Figures
Restricted stock grant: 2,091 shares
Grant price: $0.00 per share
Vesting date: May 28, 2027
+4 more
7 metrics
Restricted stock grant
2,091 shares
Award of common stock, transaction code A
Grant price
$0.00 per share
Restricted stock award to director
Vesting date
May 28, 2027
Restricted stock vests in full on this date
Direct holdings after grant
5,419 shares
Common stock held directly by Gonzalo M. Avendano
Clearway Capital holdings
1,203,222 shares
Held by Clearway Capital Management LLC; beneficial ownership disclaimed except pecuniary interest
Spouse indirect holdings
8,000 shares
Common stock held by spouse as indirect ownership
Children indirect holdings
3,725 shares
Common stock held by children as indirect ownership
Key Terms
restricted stock, beneficial ownership, pecuniary interest, Section 16, +1 more
5 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.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest"
Section 16 regulatory
"beneficial owner of these securities for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
investment advisor financial
"The reporting person is an investment advisor of CCM"
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
FAQ
What insider transaction did Gonzalo M. Avendano report for Intrepid Potash (IPI)?
Gonzalo M. Avendano reported receiving a grant of 2,091 restricted shares of Intrepid Potash common stock at $0.00 per share. This represents a compensation-related award, not an open-market purchase or sale of shares.
Is the Intrepid Potash (IPI) transaction a market buy or sell by Gonzalo M. Avendano?
No. The Form 4 shows a grant of restricted stock coded as an award, not an open-market purchase or sale. The 2,091 shares were granted as compensation at an indicated price of $0.00 per share.