Ingold Cris 4

4 · Intrepid Potash, Inc. · Filed Jun 8, 2026

AI-generated summary of this filing

Updated Jun 8, 2026

Intrepid Potash (IPI) CAO Cris Ingold Receives PSU Shares

What Happened

Cris Ingold, Chief Accounting Officer of Intrepid Potash, reported the conversion/exercise of performance-based restricted stock units (PSUs) into common shares on June 4, 2026. The filing shows 122 shares issued on conversion (exercise price $0.00). To cover tax withholding, 36 shares were surrendered to the issuer at $37.18 per share, a withholding value of $1,338. No cash was paid to exercise the PSUs.

Key Details

Transaction date: 2026-06-04; Form 4 filed: 2026-06-08 (timely).
Conversion/exercise entries: 122 shares acquired (derivative conversion) at $0.00; 36 shares withheld/disposed for tax withholding at $37.18 ($1,338).
Shares owned after transaction: not provided in the excerpt.
Footnotes: F1–F3 indicate these were PSUs granted March 17, 2025, earned based on absolute total stockholder return (aTSR) and reported at the maximum achievement level; earned PSUs have additional time-vesting (one-half vests immediately, the remainder vests one year after the aTSR threshold is met). F2 explains shares were withheld to satisfy tax withholding.
Transaction codes: M = exercise/conversion of derivative (PSU conversion); F = shares withheld to cover tax withholding.

Context

These entries reflect the conversion/settlement of performance RSUs (PSUs), not an open-market purchase or sale of existing shares; the withholding of shares for taxes is a routine administrative step and does not necessarily signal buying or selling intent. The PSUs are performance-contingent (based on aTSR through March 17, 2029) and have additional time-based vesting as noted above.

Form 4

Period: 2026-06-04

Chief Accounting Officer

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-04+122→ 13,017 total
Tax Payment
Common Stock
[F2]
2026-06-04$37.18/sh−36$1,338→ 12,981 total
Exercise/Conversion
Performance Restricted Stock Unit
[F3]
2026-06-04−122→ 734 total
Exercise: $0.00Exp: 2029-03-17→ Common Stock (122 underlying)

Footnotes (3)

[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.
[F2]Represents shares withheld by the issuer to cover the tax witholding obligations upon vesting of PSUs.
[F3]Each PSU represents the contingent right to receive one share of the issue'rs 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.

Signature

/s/ Christina Sheehan, as attorney-in-fact|2026-06-08

1 file