Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Kevin Crutchfield | $600,000 | $0 | $2,151,284 | $0 | $822,000 | $0 | $314,323 | $3,887,607 |
| Chief Executive Officer | ||||||||
| Matthew Preston | 429,411 | 0 | 531,508 | 0 | 352,325 | 0 | 23,320 | 1,336,654 |
| Former Chief Financial Officer | ||||||||
| Christina Sheehan | 384,184 | 0 | 372,047 | 0 | 220,270 | 0 | 21,234 | 997,735 |
| General Counsel and Corporate Secretary | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Kevin Crutchfield | $3,887,607 | — | — | — |
| Matthew Preston | 1,336,654 | — | — | — |
| Christina Sheehan | 997,735 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Kevin Crutchfield | RSU | 2025-03-17 | — | — | 27,416 | — | $799,999 |
| Matthew Preston | RSU | 2025-03-17 | — | — | 8,567 | — | 249,985 |
| Christina Sheehan | RSU | 2025-03-17 | — | — | 5,997 | — | 174,992 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Kevin Crutchfield | $799,999 | $0 | $0 | 0.0% |
| Matthew Preston | 249,985 | 0 | 0 | 0.0% |
| Christina Sheehan | 174,992 | 0 | 0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Kevin Crutchfield | RSU | 13,708 | — | $380,123 |
| Kevin Crutchfield | RSU | 45,855 | — | 1,271,559 |
| Kevin Crutchfield | RSU | 7,457 | — | 206,783 |
| Kevin Crutchfield | RSU | 42,595 | — | 1,181,159 |
| Kevin Crutchfield | RSU | 27,416 | — | 760,246 |
| Kevin Crutchfield | RSU | 11,022 | — | 305,640 |
| Matthew Preston | RSU | 9,425 | — | 261,355 |
| Matthew Preston | RSU | 8,567 | — | 237,563 |
| Matthew Preston | RSU | 7,490 | — | 207,698 |
| Christina Sheehan | RSU | 5,618 | — | 155,787 |
| Matthew Preston | RSU | 6,884 | — | 190,893 |
| Kevin Crutchfield | RSU | 6,116 | — | 169,597 |
| Christina Sheehan | RSU | 5,997 | — | 163,297 |
| Christina Sheehan | RSU | 5,162 | — | 143,142 |
| Matthew Preston | RSU | 2,296 | — | 63,668 |
| Matthew Preston | RSU | 2,856 | — | 79,197 |
| Matthew Preston | RSU | 2,694 | — | 74,705 |
| Christina Sheehan | RSU | 893 | — | 24,763 |
| Kevin Crutchfield | RSU | 2,686 | — | 74,483 |
| Christina Sheehan | RSU | 1,607 | — | 44,562 |
| Matthew Preston | RSU | 560 | — | 15,529 |
| Matthew Preston | RSU | 2,559 | — | 70,961 |
| Christina Sheehan | RSU | 1,999 | — | 55,432 |
| Matthew Preston | RSU | 1,274 | — | 35,328 |
| Christina Sheehan | RSU | 1,347 | — | 37,352 |
| Christina Sheehan | RSU | 1,280 | — | 35,494 |
| Christina Sheehan | RSU | 392 | — | 10,870 |
The compensation program is designed to attract, retain, and motivate talented executives, emphasizing pay-for-performance by linking a meaningful portion of compensation to corporate strategy and stockholder interests.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | F.W. Cook |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-28 | 7,442,655 | 472,757 | 139,698 | 94.03% | Passed |
| 2025 | 2025-05-29 | 8,246,154 | 874,595 | 113,330 | 90.41% | Passed |
| 2024 | 2024-05-16 | 5,856,922 | 953,282 | 103,085 | 86% | Passed |
| 2023 | 2023-05-19 | 7,986,471 | 252,857 | 257,476 | 96.93% | Passed |
| 2022 | 2022-05-19 | 8,737,917 | 231,584 | 386,990 | 97.42% | Passed |
| 2021 | 2021-05-19 | 9,533,714 | 112,804 | 74,344 | 98.83% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-28 | 94.03%a |
| 2025 | 2025-05-29 | 90.41%b |
| 2024 | 2024-05-16 | 86%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | $85,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 17,500 / 12,500 / 12,500 |
| Stock ownership guideline | All of our directors and executives are in compliance with the stock ownership guidelines or are within the applicable phase-in period. |
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Intrepid Potash names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Intrepid Potash.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Berry Corporation | 2024 | Kevin Kwilinski | $1,029,808 | $14,071,727 | $2,879,994 | $1,535,625 | $20,017,718 |
| 2 | W T Offshore, Inc. | 2025 | Tracy Krohn | 800,000 | 4,317,289 | 0 | 967,200 | 6,183,187 |
| 3 | Intrepid Potash | 2025 | Kevin Crutchfield | 600,000 | 2,151,284 | 0 | 822,000 | 3,887,607 |
| 4 | Centrus Energy Corporation | 2025 | Amir Vexler | 810,000 | 269,996 | 0 | 980,100 | 2,174,357 |
| — | Aris Water Solutions | — | — | — | — | — | — | not in coverage universe |
| — | Riley Exploration Permian, Inc | — | — | — | — | — | — | not in coverage universe |
| — | American Vanguard Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Empire Petroleum Corporation | — | — | — | — | — | — | not in coverage universe |
| — | Ring Energy, Inc. | — | — | — | — | — | — | not in coverage universe |
| — | Sandridge Energy, Inc. | — | — | — | — | — | — | not in coverage universe |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Intrepid Potash | not disclosed | PSU 60 · RSU 40 | not disclosed | F.W. Cook |
| American Vanguard Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Aris Water Solutions | not disclosed | not disclosed | not disclosed | not disclosed |
| Berry Corporation | 117% | PSU 60 · Options 40 | Yes — Relative TSR vs. Peer Group | Pearl Meyer |
| Centrus Energy Corporation | 121% | PSU 100 | No | WTW |
| Empire Petroleum Corporation | not disclosed | not disclosed | not disclosed | not disclosed |
| Riley Exploration Permian, Inc | not disclosed | not disclosed | not disclosed | not disclosed |
| Ring Energy, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Sandridge Energy, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| W T Offshore, Inc. | 121.88% | PSU 60 · RSU 40 | Yes — TSR | Meridian |
Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Kevin Crutchfield | DEF 14A | 2026-04-17 | 0001140361-26-015363 | Section “Executive Compensation”. As printed: 3,887,607. Filing ↗machine: r2 · c22 · span 702135–702145 |
| 2 | Section 01, Matthew Preston | DEF 14A | 2026-04-17 | 0001140361-26-015363 | Section “Executive Compensation”. As printed: 1,336,654. Filing ↗machine: r4 · c22 · span 710870–710879 |
| 3 | Section 01, Christina Sheehan | DEF 14A | 2026-04-17 | 0001140361-26-015363 | Section “Executive Compensation”. As printed: 997,735. Filing ↗machine: r7 · c22 · span 723170–723177 |
| 4 | Section 03, Kevin Crutchfield RSU | DEF 14A | 2026-04-17 | 0001140361-26-015363 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 5 | Section 03, Matthew Preston RSU | DEF 14A | 2026-04-17 | 0001140361-26-015363 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 6 | Section 03, Christina Sheehan RSU | DEF 14A | 2026-04-17 | 0001140361-26-015363 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 7 | Section 06, 2026 vote | Form 8-K | 2026-06-03 | 0001104659-26-070128 | Item 5.07 · say-on-pay result. As reported: 94.03% (votes for as printed: 7,442,655). Filing ↗ |
| 8 | Section 06, 2025 vote | Form 8-K | 2025-06-02 | 0001104659-25-055518 | Item 5.07 · say-on-pay result. As reported: 90.41% (votes for as printed: 8,246,154). Filing ↗ |
| 9 | Section 06, 2024 vote | Form 8-K | 2024-05-21 | 0001104659-24-063879 | Item 5.07 · say-on-pay result. As reported: 86% (votes for as printed: 5,856,922). Filing ↗ |
| 10 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 11 | Berry Corporation, Section 10b CEO total | DEF 14A | 2025-01-07 | 0001104659-25-001507 | CEO total compensation as printed in Berry Corporation's own proxy. As printed: 20,017,718. Filing ↗machine: r1 · c42 · span 938559–938569 |
| 12 | W T Offshore, Inc., Section 10b CEO total | DEF 14A | 2026-04-23 | 0001104659-26-047016 | CEO total compensation as printed in W T Offshore, Inc.'s own proxy. As printed: 6,183,187. Filing ↗machine: r1 · c42 · span 1563753–1563762 |
| 13 | Intrepid Potash (subject), Section 10b CEO total | DEF 14A | 2026-04-17 | 0001140361-26-015363 | CEO total compensation as printed in Intrepid Potash's own proxy. As printed: 3,887,607. Filing ↗machine: r2 · c22 · span 702135–702145 |
| 14 | Centrus Energy Corporation, Section 10b CEO total | DEF 14A | 2026-04-24 | 0001628280-26-027241 | CEO total compensation as printed in Centrus Energy Corporation's own proxy. As printed: 2,174,357. Filing ↗machine: r2 · c54 · span 544666–544676 |
| 15 | Section 10a, W T Offshore, Inc. reciprocity | DEF 14A | — | 0001104659-26-047016 | W T Offshore, Inc.'s most recent proxy was read; its disclosed peer group does not include Intrepid Potash. Filing ↗ |
| 16 | Section 10a, Berry Corporation reciprocity | DEF 14A | — | 0001104659-25-001507 | Berry Corporation's most recent proxy was read; its disclosed peer group does not include Intrepid Potash. Filing ↗ |
| 17 | Section 10a, Centrus Energy Corporation reciprocity | DEF 14A | — | 0001628280-26-027241 | Centrus Energy Corporation's most recent proxy was read; its disclosed peer group does not include Intrepid Potash. Filing ↗ |