Intrepid Potash, Inc. shareholders approved Approval, on an advisory basis, of the compensation of the Company’s named executive officers at the 2026-05-28 meeting.
“Proposal 3 . Approval, on an advisory basis, of the compensation of the Company’s named executive officers. Votes For Votes Against Abstentions Broker Non- Votes 7,442,655 472,757 139,698 2,450,835”
Shareholder Votes
Intrepid Potash, Inc. shareholders approved Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026 at the 2026-05-28 meeting.
“Proposal 2 . Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026. Votes For Votes Against Abstentions Broker Non- Votes 10,431,615 69,319 5,011 —”
Shareholder Votes
Intrepid Potash, Inc. shareholders approved Election of two Class III Directors to serve three-year terms expiring at the 2029 Annual Meeting of Stockholders at the 2026-05-28 meeting.
“Proposal 1 . Election of two Class III Directors to serve three-year terms expiring at the 2029 Annual Meeting of Stockholders. Nominee Votes For Votes Withheld Abstentions Broker Non- Votes Kevin S. Crutchfield 7,871,902 143,293 39,915 2,450,835 William M. Zisch 7,361,704 653,491 39,915 2,450,835”
Earnings Releases
Intrepid Potash, Inc. reported first quarter of 2026 results: revenue $98.7 million, net income $6.9 million, EPS $0.52 per diluted share.
“for potash and Trio ® , and continued improvement in Trio ® margins led to another quarter of strong financial results, highlighted by: • Sales from continuing operations of $98.7 million ; • Net income from continuing operations of $6.9 million , or $0.52 per diluted share; • Adjusted net income from continuing operations (1) of $8.2 million , or $0.62 per”
Material Agreements
Intrepid Potash, Inc. entered into Asset Purchase Agreement with HydroSource Logistics, LLC valued at Sale of Intrepid South Ranch assets for $70.0 million cash, closed April 1, 2026 (effective 2026-04-01).
“On April 1, 2026, the Company, through its wholly-owned subsidiary, Intrepid Potash-New Mexico, LLC (“IPNM), entered into an Asset Purchase Agreement (the “Purchase Agreement”) with HydroSource Logisitics, LLC (“HydroSource”), pursuant to which IPNM agreed to sell the Intrepid South Ranch (the “Ranch”) to HydroSource (the “Asset Disposition”).”
Material Agreements
Intrepid Potash, Inc. amended Successor Agent Agreement and Third Amendment to Amended and Restated Credit Agreement with Bank of Montreal, BMO Bank N.A. valued at Third Amendment amended Credit Agreement, extended maturity to 2031, updated covenants (effective 2026-03-30).
“On March 30, 2026, Intrepid Potash, Inc. (the “Company”) and certain of its subsidiaries entered into the Successor Agent Agreement and Third Amendment to Amended and Restated Credit Agreement (the “Third Amendment”) with the lenders party thereto, Bank of Montreal, as original administrative agent, and BMO Bank N.A., as successor administrative agent, which amended certain terms of the Amended and Restated Credit Agreement, dated August 1, 2019 (as amended, the “Credit Agreement”).”
M&A Transactions
Intrepid Potash, Inc. completed a disposition involving HydroSource Logisitics, LLC for $70.0 million in cash (closed 2026-04-01).
“leases, water rights located on the Ranch, and various other assets, interests, and related agreements (collectively, the “Ranch Assets”). Consideration for the Ranch Assets is $70.0 million in cash, subject to adjustment as set forth in the Purchase Agreement (the “Purchase Price”), of which the $8.0 million deposit received by the Company in December 2025 was”
Debt Financings
Intrepid Potash, Inc. amended credit facility with Bank of Montreal maturing March 30, 2031.
“Pursuant to the Third Amendment, the Credit Agreement was amended to, among other things, (i) appoint such duties, rights, and obligations of the Administrative Agent (as defined in the Credit Agreement) to BMO Bank N.A., (ii) extend the maturity date of the Credit Agreement to March 30, 2031, (iii) amend certain provisions to dispositions to facilitate the Asset Disposition (as defined below), and (iv) update certain other provisions (including financial covenants) to be more favorable to the Company.”
Gonzalo Avendano was appointed as Director at Intrepid Potash, Inc..
“the Board appointed Gonzalo Avendano as an additional independent director to fill the vacancy created by the expansion of the Board and to serve as a Class I director of the Company.”
Robert Jornayvaz III resigned as Chief Executive Officer at Intrepid Potash, Inc..
“Effective September 30, 2024, Mr. Jornayvaz resigned from all positions with the Company and its subsidiaries and affiliates, including as the Chief Executive Officer and as a member of its Board of Directors (the “Board”).”
Robert Jornayvaz changed role as Chairman of the Board at Intrepid Potash, Inc..
“On July 9, 2024, the Company’s Board of Directors appointed director Barth Whitham to the role of Chairman of the Board, replacing Robert Jornayvaz.”
Barth Whitham was appointed as Chairman of the Board at Intrepid Potash, Inc..
“On July 9, 2024, the Company’s Board of Directors appointed director Barth Whitham to the role of Chairman of the Board, replacing Robert Jornayvaz.”
Earnings Releases
Intrepid Potash, Inc. reported the first quarter of 2024 results: revenue $79.3 million, net income Net loss of $3.1 million (or $0.24 per diluted share), EPS $0.24 per diluted share.
“In the first quarter of 2024, Intrepid generated sales of $79.3 million , a 9% decreas e from first quarter 2023 sales of $86.9 million. Consolidated gross margin totaled $6.4 million, while net loss totaled $3.1 million, or a net loss of $0.24 per diluted share, which compares to first quarter 2023 net income of $4.5 million, or $0.35 per diluted share.”
Hugh E. Harvey, Jr. was appointed as Class III director at Intrepid Potash, Inc..
“appointed Hugh E. Harvey, Jr. to serve as a Class III director on the Board”
Barth Whitham changed role as Lead Director (acting Chairman) at Intrepid Potash, Inc..
“the Board temporarily delegated all responsibilities of the Chairman of the Board to Barth Whitham, Lead Director.”
Matthew D. Preston was appointed as acting principal executive officer at Intrepid Potash, Inc..
“the Board appointed Matthew D. Preston, the Company’s Chief Financial Officer, as acting principal executive officer of the Company.”
Robert P. Jornayvaz III changed role as Executive Chairman and Chief Executive Officer at Intrepid Potash, Inc..
“granted Robert P. Jornayvaz III, Executive Chairman of the Board and Chief Executive Officer of the Company, a temporary medical leave of absence, effective immediately”
Cris Ingold was appointed as Chief Accounting Officer at Intrepid Potash, Inc..
“On April 5, 2024, the Board promoted Cris Ingold to Chief Accounting Officer of the Company, effective April 12, 2024.”
Matthew Preston resigned as Chief Financial Officer at Intrepid Potash, Inc..
“On March 25, 2024, Matthew Preston, Chief Financial Officer of Intrepid Potash, Inc. (the “Company”), informed the Company that he will be leaving his position to pursue another business opportunity, effective April 12, 2024.”
Earnings Releases
Intrepid Potash, Inc. reported fourth quarter and full-year 2023 results: revenue Total sales of $56.7 million in the fourth quarter and $279.1 million for the full-year 2023., net income Net loss of $37.3 million (or $2.91 per diluted share) and $35.7 million (or $2.80 per diluted share) in the fourth quar, EPS $2.91 per diluted share and $2.80 per diluted share, respectively.
“Intrepid Potash, Inc. issued a press release announcing its financial results and operating highlights for the fourth quarter and full year ended 2023.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.