Intrepid Potash, Inc. SEC Filings

Intrepid Potash, Inc. amended its main credit agreement and completed a major asset sale. On March 30, 2026, the company and its lenders signed a Third Amendment that appoints BMO Bank N.A. as successor administrative agent, extends the credit facility’s maturity to March 30, 2031, and updates several provisions, including financial covenants, to be more favorable to the company.

On April 1, 2026, Intrepid sold the majority of the assets of its Intrepid South Ranch to HydroSource Logistics for $70 million in cash, including an $8 million deposit received in December 2025 and $62 million paid at closing. The sale covers approximately 21,793 acres of fee land, 27,858 acres of federal grazing leases, water rights, and related assets, which comprise most of the operations in Intrepid’s oilfield solutions segment. Management describes the ranch as a noncore asset and views the transaction as accelerating decades of cash flow and enhancing financial flexibility to invest in core potash and Trio® production, efficiency projects, balance sheet strength, and potential capital returns.

Intrepid Potash Inc. filing shows an amendment to a Schedule 13G/A by The Vanguard Group reporting 0 shares beneficially owned of Common Stock and 0% ownership. The amendment explains an internal realignment effective January 12, 2026 that caused certain Vanguard subsidiaries and business divisions to report holdings separately.

Intrepid Potash General Counsel Christina Sheehan received an equity award and related tax withholding was recorded. She was granted 3,952 shares of common stock as restricted stock, with the award vesting in three equal annual installments beginning on March 17, 2027, subject to her continued employment with the company.

To cover tax withholding obligations upon vesting of equity awards, 1,354 shares of common stock were withheld by the issuer at a price of $41.94 per share. After these transactions, Sheehan directly holds 28,187 shares of Intrepid Potash common stock. The grant is compensation-related and the withholding is not an open-market sale.

Kim Richard Charles reported acquisition or exercise transactions in this Form 4 filing.

Intrepid Potash, Inc. reported that its Vice President of Operations, Kim Richard Charles, received a grant of 4,611 shares of Common Stock as restricted stock. The award carried a price of $0.00 per share, indicating a compensation-related grant rather than a market purchase.

The restricted stock vests in three equal annual installments beginning on March 17, 2027, and each installment requires Mr. Charles to remain employed with the company through the relevant vesting date. Following this grant, he directly holds 4,611 shares of Intrepid Potash common stock, with no derivative holdings shown.

Intrepid Potash, Inc. reported that Chief Accounting Officer Cris Ingold received a grant of 1,897 shares of common stock as restricted stock, awarded at no cash cost. The restricted shares vest in three equal annual installments beginning on March 17, 2027, conditioned on continued employment through each vesting date.

To cover tax withholding obligations upon vesting of equity awards, the issuer withheld 471 shares at a value of $41.94 per share. Following these transactions, Ingold directly holds 13,606 shares of Intrepid Potash common stock. The withholding is not an open-market sale but a tax payment mechanism.

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.

Intrepid Potash General Counsel Christina Sheehan reported a routine insider transaction where 1,707 shares of common stock were withheld by the company at $45.26 per share to cover tax obligations triggered by the vesting of equity awards.

These shares were not sold on the open market but used to satisfy tax withholding requirements. After this transaction, Sheehan directly owns 25,589 shares of Intrepid Potash common stock.

Intrepid Potash Chief Accounting Officer Cris Ingold had 289 shares of Common Stock withheld by the company to cover tax obligations on vested equity awards. This was a tax-withholding disposition, not an open-market trade. After the transaction, Ingold directly holds 12,180 Common Stock shares.

Intrepid Potash, Inc. reported that Chief Financial Officer Matthew Preston departed his role effective March 11, 2026, with the company stating his departure did not involve any disagreement over operations, policies, or practices. He entered into a Separation Agreement on March 16, 2026 under which, subject to conditions including a general release and ongoing compliance with covenants, he will receive a cash lump sum of $1,335,638 for transition services and forfeits all unvested equity awards, with benefits subject to clawback for non-compliance.

The Board appointed Chief Accounting Officer Cris Ingold as interim principal financial officer for SEC reporting purposes effective March 11, 2026, while he continues as principal accounting officer. In recognition of his expanded duties, he will receive an additional $12,000 per month during his interim service and a one-time cash bonus of $50,000, while remaining in existing company benefit programs.