Matthew D. Preston - Jul 25, 2025 Form 4 Insider Report for Intrepid Potash, Inc. (IPI)

Role
CFO
Signature
/s/ Matthew D. Preston
Stock symbol
IPI
Transactions as of
Jul 25, 2025
Transactions value $
-$5,635
Form type
4
Date filed
7/29/2025, 06:59 PM
Previous filing
May 6, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Preston Matthew D CFO C/O INTREPID POTASH, INC., 707 17TH STREET, SUITE 4200, DENVER /s/ Matthew D. Preston 2025-07-29 0001791587

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IPI Common Stock Options Exercise $0 +424 +0.71% $0.00 60.1K Jul 25, 2025 Direct F1
transaction IPI Common Stock Tax liability -$5.63K -157 -0.26% $35.89 60K Jul 25, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IPI Performance Restricted Stock Unit Options Exercise $0 -424 -12.48% $0.00 2.97K Jul 25, 2025 Common Stock 424 $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 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.