Intrepid Potash CAO Converts PSUs Into Stock

Intrepid Potash, Inc. chief accounting officer Cris Ingold exercised performance restricted stock units tied to absolute total stockholder return.

Accepted by SEC EDGAR 07/28/2026 - 06:45 PM EDT Learn about SEC filing dates

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.

Insider Trade Summary

122 shares exercised/converted

Exercise 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 contracts (Direct); Common Stock — 13,067 shares (Direct)

Footnotes (3)

1. 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.
2. F2. Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs.
3. 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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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 many Intrepid Potash (IPI) shares did Cris Ingold receive from PSU vesting?

The filing shows 122 Performance Restricted Stock Units converting into 122 shares of Intrepid Potash common stock. These shares were earned upon achievement of specified absolute total stockholder return levels under PSUs originally granted on March 17, 2025, subject to the plan’s additional time-vesting conditions.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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^*

Ingold Cris

(Last) (First) (Middle)

C/O INTREPID POTASH, INC.

707 17TH STREET, SUITE 4200

(Street)

DENVER 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/25/2026

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	07/25/2026		M		122(1)	A	$0.0000	13,103	D
Common Stock	07/25/2026		F		36(2)	D	$34.22	13,067	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
Performance Restricted Stock Unit	$0.0000	07/25/2026		M			122	(3)	03/17/2029	Common Stock	122	$0.0000	612	D

Explanation of Responses:

1. 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.

2. Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs.

3. 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.

	/s/ Christina Sheehan, as attorney-in-fact	07/28/2026
	** 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.
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* Form 4: SEC 1474 (03-26)