Intrepid Potash, Inc.: insider trades · United States · SEC (Form 4)

About Intrepid Potash, Inc.

Intrepid Potash, Inc. (NYSE: IPI) is a U.S.-based specialty mining and materials company focused on potash and related mineral products. For French-speaking investors, it is a highly focused small-cap business with direct exposure to agriculture, selected industrial end markets, and, to a lesser extent, energy-related demand through water and by-product sales. The company was incorporated in Delaware in 2007, but its operating roots go back much further through legacy potash assets in the U.S. Southwest. Intrepid’s headquarters are in Denver, Colorado, and its production footprint is entirely located in the continental United States, with core operations in New Mexico and Utah. Intrepid’s core competitive feature is unusually strong: it is the only U.S. producer of muriate of potash, also known as potassium chloride. That makes the company strategically relevant for domestic fertilizer supply chains and for customers seeking a U.S. source of essential crop nutrients. Its main product portfolio includes potash, Trio®, water, salt, magnesium chloride, brines, and other related mineral products. Trio® is a specialty fertilizer marketed as a single-particle product delivering potassium, magnesium, and sulfur together, and it has become an increasingly important part of the company’s sales mix in recent periods. Potash still remains the economic anchor of the business, while the other products provide some diversification. From an industry-positioning perspective, Intrepid competes less as a broad global mining platform and more as a niche North American supplier with a distinctive asset base. Its value proposition is built around domestic production, logistical access to rail and trucking routes, and a customer base that includes agricultural users, animal-feed customers, and industrial buyers. The company’s production facilities are concentrated in Carlsbad, New Mexico; Moab, Utah; and Wendover, Utah, which gives it a highly regional operating structure but also a clear U.S. supply-chain identity. Recent developments have been constructive. In March 2026, Intrepid reported fourth-quarter and full-year 2025 results showing steady fertilizer demand, record Trio® sales volumes, improving pricing trends, and solid full-year adjusted profitability despite some one-time charges. The company also disclosed insider transaction reporting activity in SEC filings, including Form 4 references in its proxy materials, which is often watched by equity investors for signals about management sentiment and ownership changes. Overall, Intrepid Potash is a specialized NYSE-listed U.S. materials company whose earnings are closely tied to fertilizer pricing, agricultural demand, and the efficiency of its domestic mining and processing assets.