Intrepid Potash (IPI) CAO Cris Ingold Receives 122 Shares, 36 Withheld

What Happened

• Cris Ingold, Chief Accounting Officer of Intrepid Potash, received 122 shares on July 25, 2026 upon conversion/vesting of Performance Restricted Stock Units (PSUs). The shares were issued at $0.00 (award/derivative conversion).
• To cover tax withholding obligations, 36 of those shares were withheld/disposed at $34.22 per share for a withholding amount of $1,232. The filing reports the PSU conversion and the tax-withholding share disposition.

Key Details

• Transaction date: 2026-07-25; Form 4 filed 2026-07-28 (timely).
• Recorded transactions: 122 shares acquired via derivative conversion (code M, $0.00); 36 shares withheld for taxes (code F) at $34.22/share = $1,232.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: PSUs were originally granted 3/17/2025 and were earned based on absolute total stockholder return (aTSR). Earned PSUs are reported at the maximum achievement level and are subject to additional time-vesting — one-half vests immediately and the remaining one-half vests one year after the aTSR threshold was achieved.

Context

• This was an award/vesting event (not an open-market buy or a voluntary sale). The $0.00 price indicates shares were issued upon PSU vesting, and the partial share disposition represents routine tax withholding rather than a market sale decision.
• Such award-related withholdings are common and do not, by themselves, signal insider bullishness or bearishness.