Innovative Industrial Properties (NYSE: IIPR) insider transactions
In the twelve months to 10 November 2026, executives and directors of Innovative Industrial Properties reported 1 open-market sale of 611 shares ($34,436) and 6 open-market purchases of 45,728 shares ($1.3m), by 4 people, according to the Form 4 filings they submitted to the SEC.
Latest transactions
| Date | Insider | Role | Transaction | Shares | Price | Held after | Filing |
|---|---|---|---|---|---|---|---|
| 8 October 2026 | Gold Alan D | Executive Chairman | Open-market purchase | +40,000 | $25.00 | 40,000 | Form 4 |
| 15 September 2026 | Shoemaker Scott | Director | Open-market sale | −611 | $56.36 | 2,000 | Form 4 |
| 31 August 2026 | Ives Bruce Alan | Director | Open-market purchase | +528 | $56.70 | 3,180 | Form 4 |
| 19 June 2026 | Smithers Paul E. | President, CEO and Director | Grant or award | +22,299 | — | 172,876 | Form 4 |
| 19 June 2026 | Smith David Jon | CFO and Treasurer | Grant or award | +9,219 | — | 32,801 | Form 4 |
| 9 June 2026 | Ives Bruce Alan | Director | Grant or award | +2,652 | — | 2,652 | Form 4 |
| 20 January 2026 | Smithers Paul E. | President, CEO and Director | Grant or award | +47,643 | — | 150,577 | Form 4 |
| 20 January 2026 | Smith David Jon | CFO and Treasurer | Grant or award | +20,061 | — | 23,582 | Form 4 |
| 20 January 2026 | Bui Andy | VP, Chief Accounting Officer | Grant or award | +6,522 | — | 16,186 | Form 4 |
| 2 January 2026 | Shoemaker Scott | Director | Option exercise | +911 | — | 2,611 | Form 4 |
| 2 January 2026 | Smithers Paul E. | President, CEO and Director | Option exercise | +10,653 | — | 108,103 | Form 4 |
| 2 January 2026 | Smithers Paul E. | President, CEO and Director | Shares withheld for tax | −5,169 | $49.47 | 102,934 | Form 4 |
| 1 January 2026 | Smithers Paul E. | President, CEO and Director | Shares withheld for tax | −10,983 | $47.36 | 97,450 | Form 4 |
| 1 January 2026 | Smith David Jon | CFO and Treasurer | Option exercise | +4,555 | — | 5,155 | Form 4 |
| 1 January 2026 | Smith David Jon | CFO and Treasurer | Shares withheld for tax | −1,634 | $47.36 | 3,521 | Form 4 |
| 1 January 2026 | Bui Andy | VP, Chief Accounting Officer | Shares withheld for tax | −1,204 | $47.36 | 9,664 | Form 4 |
| 24 November 2025 | Gold Alan D | Executive Chairman | Open-market purchase | +2,600 | $49.09 | 2,600 | Form 4 |
| 20 November 2025 | Gold Alan D | Executive Chairman | Open-market purchase | +1,000 | $45.70 | 58,500 | Form 4 |
| 20 November 2025 | Smith David Jon | CFO and Treasurer | Open-market purchase | +600 | $45.90 | 600 | Form 4 |
| 19 November 2025 | Gold Alan D | Executive Chairman | Open-market purchase | +1,000 | $46.26 | 57,500 | Form 4 |
Names appear as in the filing, surname first. A dash in the price column means the filing reports none, as in grants and gifts.
How to read the table
Only open-market purchases and sales are trades the insider chose to make at the market price, and they are the ones counted in the summary above. Grants, option exercises and shares withheld for tax come from pay plans. A sale marked as a 10b5-1 plan was scheduled in advance under a written plan.
Where each row comes from
From the Form 4 that each executive, director or large shareholder must file with the SEC within two business days of a transaction, read up to 10 November 2026. Each row links to its filing on EDGAR. Only transactions in shares are listed, not derivatives, and amended filings are left out. The accounts of the company are on the Innovative Industrial Properties page; the method, in data sources.
Information prepared from the Form 4 filings submitted to the SEC, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.