# EDGAR Filing Document

**Accession Number:** 0001421461
**File Stem:** 0001398344-26-000632
**Filing Date:** 2026-1
**Character Count:** 11047
**Document Hash:** 569c9e472e4ced4a983f15014732b95b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001398344-26-000632.hdr.sgml**: 20260113

**ACCESSION NUMBER**: 0001398344-26-000632

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260113

**DATE AS OF CHANGE**: 20260113

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Intrepid Potash, Inc.
- **CENTRAL INDEX KEY:** 0001421461
- **STANDARD INDUSTRIAL CLASSIFICATION:** MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 261501877
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-83993
- **FILM NUMBER:** 26530863

**BUSINESS ADDRESS:**
- **STREET 1:** 707 17TH STREET
- **STREET 2:** SUITE 4200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
- **BUSINESS PHONE:** 303-296-3006

**MAIL ADDRESS:**
- **STREET 1:** 707 17TH STREET
- **STREET 2:** SUITE 4200
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GATE CITY CAPITAL MANAGEMENT, LLC
- **CENTRAL INDEX KEY:** 0001705447

**ORGANIZATION NAME:**
- **EIN:** 471729190
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 8725 W HIGGINS ROAD, STE 530
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60631
- **BUSINESS PHONE:** 312-825-1228

**MAIL ADDRESS:**
- **STREET 1:** 8725 W HIGGINS ROAD, STE 530
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60631

## Ex-99

**<u>Schedule 1</u>**

**<u>Transactions – Past 60 days</u>**

The Reporting Person effected the following transactions in the Stock in open market transactions on the dates indicated, and such transactions are the only transactions in the Stock by the Reporting Person during the sixty days prior to and including January 12, 2026 (date range: November 14, 2025 through January 12, 2026):

---

| | |
|:---|:---|
| 11/14/2025 | Bought 5,615 shares at $25.8826 |
| 11/17/2025 | Bought 19,196 shares at $25.7256 |
| 11/19/2025 | Bought 21,304 shares at $24.4357 |
| 11/20/2025 | Bought 6,404 shares at $24.4888 |
| 11/21/2025 | Bought 600 shares at $24.4942 |
| 11/24/2025 | Bought 1,200 shares at $24.50 |
| 12/5/2025 | Bought 2,300 shares at $25.1998 |
| 12/8/2025 | Bought 2,355 shares at $25.1975 |
| 12/9/2025 | Bought 5,642 shares at $25.1994 |
| 12/10/2025 | Bought 11,791 shares at $25.5288 |
| 12/11/2025 | Bought 232 shares at $25.92 |
| 12/15/2025 | Bought 27,856 shares at $26.5921 |
| 12/16/2025 | Bought 81,632 shares at $26.5117 |
| 12/17/2025 | Bought 5,100 shares at $26.246 |
| 12/18/2025 | Bought 1,695 shares at $26.5994 |
| 12/19/2025 | Bought 760 shares at $26.60 |
| 1/7/2026 | Bought 3,284 shares at $27.2471 |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 5)**

**Intrepid Potash Inc.**

*(Name of Issuer)*

**Common Stock**

*(Title of Class of Securities)*

**46121Y201**

*(CUSIP Number)*

**Michael Melby**<br>c/o Gate City Capital Management, LLC<br>8725 W. Higgins Road, Suite 530<br>Chicago IL 60631<br>(312) 825-1228

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**12/16/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **46121Y201** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Gate City Capital Management, LLC** | Name of reporting person<br>**Gate City Capital Management, LLC** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**ILLINOIS** | Citizenship or place of organization<br>**ILLINOIS** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**917310.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**917310.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**917310.00** | Aggregate amount beneficially owned by each reporting person<br>**917310.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.83%** | Percent of class represented by amount in Row (11)<br>**6.83%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IA** | Type of Reporting Person (See Instructions)<br>**IA** | |

---

| **CUSIP No.** | **46121Y201** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Michael Melby** | Name of reporting person<br>**Michael Melby** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**WC** | Source of funds (See Instructions)<br>**WC** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**X1** | Citizenship or place of organization<br>**X1** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**917310.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**917310.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**917310.00** | Aggregate amount beneficially owned by each reporting person<br>**917310.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**6.83%** | Percent of class represented by amount in Row (11)<br>**6.83%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** This Schedule 13D (this "Schedule 13D") is being filed on behalf of Gate City Capital Management, LLC, an Illinois limited liability company (the "Management Company") and Michael Melby. Mr. Melby serves as the managing member of the Management Company. The Management Company serves as an adviser to certain private investment funds and managed accounts (the "Funds"). This Schedule 13D relates to Common Shares (the "Common Shares") of Intrepid Potash Inc. (the "Issuer") held by the Funds.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Common Stock

**(b) Name of Issuer:**
Intrepid Potash Inc.

**(c) Address of Issuer's Principal Executive Offices:**
707 17TH STREET, SUITE 4200, DENVER, CO, 80202

This Statement relates to the Common Stock of Intrepid Potash Inc. having its principal executive offices at 707 17th Street, Suite 4200, Denver, CO 80202.

**Item 4. Purpose of Transaction**

This Amendment No. 5 amends the Schedule 13D initially filed on December 19, 2024 and amended on January 6, 2025, February 10, 2025, May 1, 2025, and November 10, 2025.  This Schedule 13D is filed to reflect that the Reporting Person has purchased additional shares of the Common Stock of the Issuer. The filer inadvertently missed the original deadline to file Schedule 13D within the required timeframe and is now taking prompt, good-faith steps to comply by filing the schedule as soon as possible.

**Item 5. Interest in Securities of the Issuer**

**(a)**
The Reporting Person beneficially owns in the aggregate 917,310 shares of Common Stock, which represents approximately 6.83% of the Company's outstanding shares of Common Stock. The percentage ownership of shares of Common Stock set forth in this Statement is based on 13,426,932 shares of Common Stock issued and outstanding as of October 31, 2025 as reported in the Company's Form 10-Q filed with the SEC on November 6, 2025.

**(b)**
The Reporting Person has the sole power to vote or to direct the voting of all such shares described in Item 5(a) above. The Reporting Person has the sole power to dispose or direct the disposition of all such shares described in Item 5(a) above.  The Reporting Person does not have shared power to vote or to direct the vote of any such shares described in Item 5(a) above, and does not have shared power to dispose or direct the disposition of any such shares described in Item 5(a) above.

**(c)**
Schedule 1 hereto sets forth all transactions in the Common Stock by any Reporting Person during the past sixty days. Except for the transactions set forth on Schedule A, none of the Reporting Persons effected any transaction during the past sixty days.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Other than described herein, there are no contracts, arrangements, understandings or relationships among the Reporting Person and any other person with respect to the securities of the Issuer.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Gate City Capital Management, LLC

**Signature:** /s/ Michael Melby

**Name/Title:** Michael Melby, Managing Member

**Date:** 01/13/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Michael Melby

**Signature:** /s/ Michael Melby

**Name/Title:** Michael Melby, Managing Member

**Date:** 01/13/2026