Intrepid Potash (IPI) CAO receives shares from PSU vesting
Rhea-AI Filing Summary
Intrepid Potash, Inc. chief accounting officer Cris Ingold exercised performance restricted stock units tied to absolute total stockholder return. 122 PSUs converted into 122 shares of common stock on July 25, 2026, and 36 of those shares were withheld by the issuer to cover tax obligations at $34.2200 per share. After the exercise, 612 PSUs remain outstanding under the grant, which can be earned based on aTSR performance through March 17, 2029.
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Insider Trade Summary
Net Buyer: 86 shares
Net Buy
3 txns
Insider
Ingold Cris
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Restricted Stock Unit F3 | 122 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 122 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 36 | $34.22 | $1K |
Holdings After Transaction:
Performance Restricted Stock Unit — 612 shares (Direct);
Common Stock — 13,067 shares (Direct)
Footnotes (3)
- F1. Represents shares earned upon achievement of certain levels of absolute total stockholder return (aTSR) under Performance Restricted Stock Units ("PSUs") originally granted on March 17, 2025. See footnote 3 below.
- F2. Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs.
- F3. Each PSU represents the contingent right to receive one share of the issuer's common stock upon the applicable vesting conditions. The PSUs are earned based on certain levels of absolute total stockholder return (aTSR) on or prior to March 17, 2029. Earned PSU's are subject to additional time-vesting, with one-half of the earned PSUs vesting immediately and the remaining one-half vesting on the one-year anniversary of the date the PSU aTSR threshold was achieved. The PSUs are reported at the maximum level of aTSR achievement.
Key Figures
PSUs Converted: 122 shares
PSUs Remaining: 612 units
Shares Withheld for Taxes: 36 shares
+3 more
6 metrics
PSUs Converted
122 shares
Performance Restricted Stock Units converted into common stock on July 25, 2026
PSUs Remaining
612 units
Performance Restricted Stock Units remaining after the reported exercise
Shares Withheld for Taxes
36 shares
Common shares withheld by the issuer to cover tax withholding obligations
Tax Withholding Price
$34.2200 per share
Per-share value used for shares withheld to satisfy tax obligations
PSU Grant Date
March 17, 2025
Original grant date of the Performance Restricted Stock Units referenced in the filing
PSU Performance Period End
March 17, 2029
Latest date by which aTSR performance can be measured for earning the PSUs
Key Terms
Performance Restricted Stock Unit, absolute total stockholder return (aTSR), time-vesting, tax witholding obligations
4 terms
Performance Restricted Stock Unit financial
"security title "Performance Restricted Stock Unit" for the derivative award"
absolute total stockholder return (aTSR) financial
"earned upon achievement of certain levels of absolute total stockholder return (aTSR)"
time-vesting financial
"Earned PSU's are subject to additional time-vesting, with one-half vesting immediately"
Time-vesting is a schedule that gives someone the right to a stock option, restricted share, or other award gradually over a set period rather than all at once; the recipient only “earns” portions of the grant as time passes. For investors, time-vesting matters because it affects when new shares can enter the market, how long employees have incentives to stay and perform, and the timing of potential dilution or insider selling—think of it like receiving paychecks of ownership instead of a lump-sum grant.
tax witholding obligations financial
"shares withheld by the issuer to cover the tax witholding obligations upon vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Intrepid Potash (IPI) executive Cris Ingold report?
Cris Ingold, Intrepid Potash’s chief accounting officer, reported the conversion of performance restricted stock units into common stock. 122 PSUs vested based on absolute total stockholder return performance, generating common shares, and 36 of those shares were withheld by the issuer to satisfy related tax obligations.
How were taxes handled on Cris Ingold’s Intrepid Potash (IPI) PSU vesting?
Taxes were satisfied by withholding 36 shares of Intrepid Potash common stock. The issuer retained these shares at a value of $34.2200 per share to cover Ingold’s tax withholding obligations associated with the vesting of the performance-based restricted stock units.
What performance conditions apply to the Intrepid Potash (IPI) PSUs reported for Cris Ingold?
Each PSU represents a right to one share of common stock, earned based on specified levels of absolute total stockholder return (aTSR) achieved on or before March 17, 2029. Earned PSUs then face additional time-vesting: half vest immediately and half vest one year after the aTSR threshold is achieved.
How many Intrepid Potash (IPI) PSUs remain outstanding for Cris Ingold after this transaction?
After this reported exercise, 612 Performance Restricted Stock Units remain outstanding for Cris Ingold. These PSUs continue to be reported at the maximum aTSR achievement level and can still be earned, subject to the plan’s performance and time-vesting conditions through March 17, 2029.