SEC Form 4 · accession 0001225208-26-006774
Intrepid Potash, Inc. · IPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin S Crutchfield
Officer — Chief Executive Officer · Director
Period of report
Jul 25, 2026
Accepted (ET)
Jul 28, 2026 · 6:45 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001421461
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 25, 2026 | M | 2,039 | $0.00 | A | 110,412 | D | |
| Common StockF2 | Jul 25, 2026 | F | 755 | $34.22 | D | 109,657 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitF3 | $0.00 | Jul 25, 2026 | M | 2,039 | D | — | Mar 17, 2029 | Common Stock | 2,039 | 10,193 | D |
Explanation of responses
- F1Represents 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.
- F2Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs.
- F3Each 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.