Avendano Gonzalo M 4

4 · Intrepid Potash, Inc. · Filed Jun 1, 2026

AI-generated summary of this filing

Updated Jun 1, 2026

Intrepid Potash (IPI) Director Gonzalo Avendano Receives 2,091 Shares

What Happened

Gonzalo M. Avendano, a director of Intrepid Potash, was granted 2,091 restricted shares on May 28, 2026. The award shows a $0.00 acquisition price (i.e., a compensation grant), with no cash paid by the reporting person and a total reported value of $0. The grant is scheduled to vest in full on May 28, 2027, subject to continued service.

Key Details

Transaction date and type: 2026-05-28 — Grant/Award (Form 4 code A).
Price: $0.00 per share; total reported acquisition value $0.
Vesting: Footnote F1 — shares vest in full on 2027-05-28, contingent on continued service.
Shares owned after transaction: Not specified in the filing.
Beneficial ownership disclaimers: Footnotes F2 and F3 note that certain securities are held by Clearway Capital Management LLC (and related disclaimers) and that the reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
Filing timeliness: Report filed 2026-06-01 for a 2026-05-28 transaction — filed on time (within the two-business-day Form 4 deadline).

Context

This was a restricted stock award (compensation), not an open-market purchase or sale. Such grants compensate or retain insiders and do not by themselves indicate buying activity in the market. The award will only convert to unrestricted shares if vesting conditions (continued service through 5/28/2027) are met.

Form 4

Period: 2026-05-28

Director

Transactions

Holdings

Footnotes (3)

[F1]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.
[F2]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.
[F3]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.

Signature

/s/ Christina Sheehan, as attorney-in-fact|2026-06-01

1 file