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: May 28, 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 5.07.

Submission of Matters to a Vote of Security Holders.

The 2026 Annual Meeting of Stockholders of Intrepid Potash, Inc. (the “Company”) was held on May 28, 2026, as a virtual meeting online via live audio webcast (the “Annual Meeting”). At the Annual Meeting, there were 10,505,945 shares represented to vote either in person or by proxy, or 78.2% of the outstanding shares entitled to vote, which represented a quorum. The Company’s stockholders voted on, and approved, the following proposals at the Annual 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

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				—

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

Item 7.01.

Regulation FD Disclosure.

On June 3, 2026, the Company issued a press release announcing its Board of Directors has authorized an increase in its existing share repurchase program, which was revised to increase the repurchase authorization to up to $50 million of its common stock. As of May 28, 2026 approximately $13.0 million remained available under the prior $35 million program.

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.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release of Intrepid Potash, Inc. dated June 3, 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 3, 2026	By:	/s/ Christina C. Sheehan
		Christina C. Sheehan
		General Counsel and Secretary

Exhibit 99.1

6/3/2026

Intrepid Potash Announces Expansion of Common Stock Repurchase Plan

Intrepid Potash, Inc. (“Intrepid”, “the Company”, “we”, “us”, or “our”) (NYSE:IPI) today announced that its Board of Directors (“Board”) approved an increase in the amount authorized for repurchasing shares of the Company’s common stock under the Company’s existing share repurchase program. The Board expanded the authorized amount to $50 million, an increase from the $35 million the program originally authorized in February 2022, which has approximately $13 million remaining.

The decision to increase the amount for share repurchases reflects the Board’s ongoing review of Intrepid’s capital allocation strategy, as well as the Company’s improving operating performance and strengthened balance sheet.

In addition to the increased amount allocated to share repurchases, and the Company’s continued investment in our core assets, including high-return projects to improve operating efficiencies, reduce costs, and extend mine life, the Board and management are evaluating a range of possible capital allocation initiatives, including:

·	Organic growth initiatives closely aligned with the Company’s core operations;
·	Inorganic opportunities that complement Intrepid’s core business; and
·	Additional potential returns of capital to shareholders while maintaining substantial liquidity and a strong balance sheet

“Increasing our share repurchase authorization to $50 million reflects our confidence in Intrepid’s long-term potential and commitment to our shareholders,” said Kevin Crutchfield, Intrepid’s Chief Executive Officer. “We also remain excited about various organic growth projects across the Intrepid portfolio and potential strategic opportunities that could create meaningful value for Intrepid shareholders. We are committed to remaining thoughtful and disciplined as we evaluate possible capital allocation opportunities and will update investors on our thoughts and progress as our evaluation of our strategic priorities continues to advance.”

Under the increased authorization, the Company may repurchase up to $50 million of its outstanding common stock from time to time in the open market or in privately negotiated transactions. The timing, volume, and nature of any share repurchases will be at the Company’s sole discretion and will be dependent on market conditions, share price, liquidity, applicable securities laws, compliance with or any limitations under the Company’s revolving credit facility, and other factors. The program does not oblige the Company to repurchase any specific dollar amount or number of shares and may be suspended, modified, or discontinued at any time.

About Intrepid

Intrepid is a diversified mineral company that delivers potassium, magnesium, sulfur and salt water products essential for customer success in 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 also provides water, magnesium chloride, and brine.

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.

Forward-Looking Statements

This press release includes certain statements concerning expectations for the future that are forward-looking within the meaning of the federal securities laws. Forward-looking statements contain known and unknown risks and uncertainties (many of which are difficult to predict and beyond management's control) that may cause our actual results in future periods to differ materially from anticipated or projected results. An extensive list of specific material risks and uncertainties affecting Intrepid is contained in our Annual Report on Form 10-K for the year ended December 31, 2025, and other quarterly and current reports filed with the Securities and Exchange Commission from time to time. Any forward-looking statements in this press release are made as of the date of this press release, and Intrepid undertakes no obligation to update or revise any forward-looking statements to reflect new information or events.

Contact

Ryan Schultz

Interim Investor Relations Manager

Email: [email protected]