Lancaster Lori A 4
Research Summary
AI-generated summary
Intrepid Potash (IPI) Director Lori Lancaster Receives Award
What Happened
Lori A. Lancaster, a director of Intrepid Potash, was granted 2,091 restricted shares on May 28, 2026. The Form 4 shows an acquisition price of $0.00 (no cash paid); the filing does not state a grant-date fair market value.
Key Details
- Transaction date: 2026-05-28 (Filed on 2026-06-01)
- Transaction type/code: Award/Grant (Code A) — 2,091 shares acquired at $0.00 per the Form 4
- Shares owned after transaction: Not specified in this filing
- Footnote: The restricted shares vest in full on May 28, 2027, contingent on continued service (Footnote F1)
- No indication in the filing of a 10b5-1 plan, tax withholding sale, or other special conditions
Context
This was a compensation-related restricted stock grant, not an open-market purchase or sale. Restricted shares typically vest over time (here, one year) and are intended as long-term pay/retention; they do not by themselves signal a buy or sell decision by the insider. Retail investors should view this as routine director compensation unless combined with other insider buying or selling activity.