Form 8-K

8-K — Intrepid Potash, Inc.

Accession: 0001104659-26-074079

Filed: 2026-06-15

Period: 2026-06-15

CIK: 0001421461

SIC: 1400 (MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS))

Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — tm2617891d1_8k.htm (Primary)

EX-99.1 — EXHIBIT 99.1 (tm2617891d1_ex99-1.htm)

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant

to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report: June 15, 2026

(Date of earliest event reported)

Intrepid Potash, Inc.

(Exact name of registrant as specified in

its charter)

Delaware

001-34025

26-1501877

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

707 17th Street, Suite 4200

Denver, Colorado 80202

(Address of principal executive offices and zip code)

(303) 296-3006

(Registrant’s telephone number, including

area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing

is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General

Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities

Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange

Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under

the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under

the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of

the Act:

Title of each class

Trading symbol

Name of each exchange on which registered

Common Stock, par value $0.001 per share

IPI

New York Stock Exchange

Indicate by checkmark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging

growth company ¨

If an emerging

growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with

any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02.

Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 15, 2026, Intrepid

Potash, Inc. (the “Company”) announced the appointment of Jason Tremblay as Chief Financial Officer of the Company, effective

immediately. In connection with his appointment as Chief Financial Officer, Mr. Trembly will also serve as the Company’s principal

financial officer for SEC purposes, replacing Cris Ingold, our Chief Accounting Officer, who has served as interim principal financial

officer since March 16, 2026. Mr. Ingold will continue to serve as the Company’s Chief Accounting Officer following Mr. Tremblay’s

appointment.

Mr. Tremblay, age 54, joins the Company from The

Mosaic Company, where he most recently served as Vice President, Enterprise Strategy & Business Support. In that role, he led enterprise

strategy, investor relations, enterprise risk management, and business support functions, working closely with senior leadership and the

board on strategic planning, value creation initiatives, and capital allocation. During his tenure at Mosaic from 2007 to June 2026, Mr.

Tremblay held a range of senior leadership roles, including Vice President of Finance for the company’s Potash Business Unit, where

he supported operations, commercial activities, capital projects, and overall business performance. Prior to Mosaic, Mr. Tremblay spent

10 years in public accounting with Deloitte & Touche and Ernst & Young, where he developed expertise in audit, accounting, internal

controls, due diligence, and professional practice oversight. Mr. Tremblay holds a Bachelor of Commerce degree from the University of

Saskatchewan and is a Chartered Professional Accountant (CPA) of Canada.

In connection with his

appointment as Chief Financial Officer, the Board approved an initial annual base salary for Mr. Tremblay of $435,000 per year, subject

to annual review by the Company. Subject to future adjustment, Mr. Tremblay will also be entitled to participate in the Company’s

annual bonus plan for executive officers beginning in fiscal year 2026, with an initial target bonus opportunity of 75% of his annual

base salary. Mr. Tremblay will receive an equity grant consisting of restricted stock, or restricted and/or performance stock units,

having an intended grant date fair value of $350,000 (the “Sign-On Equity Award”), to be granted no later than thirty (30)

days following his start date (the “Effective Date”). Fifty percent (50%) of the granted value of the Sign-On Equity Award

will be subject to time-based vesting in ratable annual increments over the three-year period commencing as of March 17, 2026, and the

remaining fifty percent (50%) of the granted value of the Sign-On Equity Award shall be subject to performance-based vesting based on

the achievement of specified Relative Total Shareholder Return for fiscal years 2026-2028, reduction to the Company’s Trio®

production cost per ton for fiscal years 2026-2028 and reduction to the Company’s potash production cost per ton for fiscal years

2026-2028. He will also receive an equity grant with an intended grant date fair value of $250,000, which will vest in full on the third

anniversary of the Effective Date. He is also entitled to participation in the Company’s other benefit programs generally available

to senior executives of the Company and to relocation benefits.

In connection with Mr.

Tremblay’s appointment as Chief Financial Officer, the Company and Mr. Tremblay are expected to enter into a change in control agreement.

The terms of Mr. Tremblay’s change in control agreement are substantially the same as the change in control agreements with the

Company’s other executive officers. The terms of the change in control agreements with the Company’s other executive officers

are described in the Form 8-K the Company filed with the Securities and Exchange Commission on November 26, 2024, and such description

is incorporated herein by reference.

There are no understandings

or arrangements with any person pursuant to which Mr. Tremblay was selected as Chief Financial Officer, and he is not party to any related

party transaction required to be reported pursuant to Item 404(a) of Regulation S-K.

Item 7.01 Regulation FD Disclosure.

On June 15, 2026, the Company issued a press release

announcing the appointment of Mr. Tremblay. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K

and is incorporated herein by reference.

The information furnished under this Item 7.01,

including Exhibit 99.1, will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and will

not be incorporated by reference into any filing under the Securities Act of 1933, except as expressly set forth by specific reference

in that filing.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.

Description

99.1

Press Release of Intrepid Potash, Inc. dated June 15, 2026.

104

Cover Page Interactive Data File (embedded with the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities

Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

INTREPID POTASH, INC.

Dated: June 15, 2026

By:

/s/ Christina C. Sheehan

Christina C. Sheehan

General Counsel and Secretary

EX-99.1 — EXHIBIT 99.1

EX-99.1

Filename: tm2617891d1_ex99-1.htm · Sequence: 2

Exhibit 99.1

6/15/2026

Intrepid Potash Announces Appointment of Jason Tremblay as Chief

Financial Officer

DENVER--(BUSINESS WIRE)-- Intrepid

Potash, Inc. (“Intrepid”, “the Company”, “we”, “us”, or “our”) (NYSE:IPI)

today announced the appointment of Jason Tremblay as Chief Financial Officer, effective June 15, 2026.

Mr. Tremblay brings nearly three decades of leadership experience across

finance, strategy, operations, and business transformation within the mining, agriculture, and crop nutrition industries.

Mr. Tremblay joins Intrepid from The Mosaic Company (NYSE: MOS), where

he most recently served as Vice President, Enterprise Strategy & Business Support. In that role, he led enterprise strategy, investor

relations, enterprise risk management, and business support functions, working closely with senior leadership and the board on strategic

planning, value creation initiatives, and capital allocation.

During his tenure at Mosaic, Mr. Tremblay held a range of senior leadership

roles, including Vice President of Finance for the company’s Potash Business Unit, where he supported operations, commercial activities,

capital projects, and overall business performance

Prior to Mosaic, Mr. Tremblay spent 10 years in public accounting with

Deloitte & Touche and Ernst & Young, where he developed expertise in audit, accounting, internal controls, due diligence, and

professional practice oversight.

Kevin Crutchfield, Intrepid’s Chief Executive Officer, commented,

“We are pleased to welcome Jason to Intrepid. Jason brings a

strong combination of financial expertise, operational insight, and strategic leadership that aligns well with our priorities. His experience

driving disciplined capital allocation, strengthening financial performance, and supporting growth initiatives will be instrumental as

we continue to enhance our operating efficiency and deliver sustainable long-term value for our shareholders.”

Mr. Tremblay holds a Bachelor of Commerce degree from the University

of Saskatchewan and is a Chartered Professional Accountant (CPA) of Canada. He has also served in industry and community leadership roles,

including as a former Board Member and Audit Committee Chair of the Saskatchewan Mining Association.

About Intrepid

Intrepid is a diversified mineral company that delivers potassium,

magnesium, sulfur, and salt products essential for customer success in the agriculture and animal feed industries. Intrepid is the only

U.S. producer of muriate of potash, which is applied as an essential nutrient for healthy crop development, utilized in several industrial

applications and used as an ingredient in animal feed. In addition, Intrepid produces a specialty fertilizer, Trio®, which delivers

three key nutrients, potassium, magnesium, and sulfate, in a single particle.

Intrepid serves diverse customers in markets where a logistical advantage

exists and is a leader in the use of solar evaporation for potash production, resulting in lower cost and more environmentally friendly

production. Intrepid’s mineral production comes from three solar solution potash facilities and one conventional underground Trio®

mine.

Intrepid routinely posts important information,

including information about upcoming investor presentations and press releases, on its website under the Investor Relations tab. Investors

and other interested parties are encouraged to enroll at intrepidpotash.com, to receive automatic email alerts or RSS feeds

for new postings.

Contact

Ryan Schultz

Interim Investor Relations Manager

Email: ryan.schultz@intrepidpotash.com

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