Innovative Industrial Properties Inc (IIPR) · Insider trading
What Innovative Industrial Properties's directors, officers and largest holders bought and sold themselves, from the Form 4 each of them files with the SEC within two business days of a trade. Open-market purchases and sales first: those are the trades somebody chose to make at the market price.
Bought, 12 months
$1.28M
3 insiders, 6 trades
Sold, 12 months
$34,436
1 insider, 0% under a plan
Net, 12 months
+$1.24M
bought less sold
Latest filing
2026-10-13
filings read to 2026-10-19
Who traded, two years
| Insider | Bought | Sold | Trades | Last trade | Holds after |
|---|---|---|---|---|---|
| Gold Alan DDirector, EXECUTIVE CHAIRMAN | $1.22M | – | 4 | 2026-10-08 | 40,000 |
| Stecher DavidDirector | – | $536,109 | 1 | 2025-03-03 | 1,346 |
| Shoemaker ScottDirector | – | $34,436 | 1 | 2026-09-15 | 2,000 |
| Ives Bruce AlanDirector | $29,938 | – | 1 | 2026-08-31 | 3,180 |
| Smith David JonCFO AND TREASURER | $27,540 | – | 1 | 2025-11-20 | 600 |
Open-market purchases and sales
Newest first. “Plan” marks a trade made under a 10b5-1 plan set up in advance.
| Date | Insider | Trade | Shares | Price | Value | Holds after | Filing |
|---|---|---|---|---|---|---|---|
| 2026-10-08 | Gold Alan DDirector, EXECUTIVE CHAIRMAN | Buy | 40,000 | 25.00 | $1.00M | 40,000 | Form 4 |
| 2026-09-15 | Shoemaker ScottDirector | Sale | 611 | 56.36 | $34,436 | 2,000 | Form 4 |
| 2026-08-31 | Ives Bruce AlanDirector | Buy | 528 | 56.70 | $29,938 | 3,180 | Form 4 |
| 2025-11-24 | Gold Alan DDirector, EXECUTIVE CHAIRMAN | Buyindirect | 2,600 | 49.09 | $127,634 | 2,600 | Form 4 |
| 2025-11-20 | Gold Alan DDirector, EXECUTIVE CHAIRMAN | Buyindirect | 1,000 | 45.70 | $45,700 | 58,500 | Form 4 |
| 2025-11-20 | Smith David JonCFO AND TREASURER | Buy | 600 | 45.90 | $27,540 | 600 | Form 4 |
| 2025-11-19 | Gold Alan DDirector, EXECUTIVE CHAIRMAN | Buyindirect | 1,000 | 46.26 | $46,260 | 57,500 | Form 4 |
| 2025-03-03 | Stecher DavidDirector | Sale | 7,599 | 70.55 | $536,109 | 1,346 | Form 4 |
Grants, exercises and other transactions
Pay, tax and paperwork rather than a choice to trade at the market price. Two years.
14 × grant or award7 × shares withheld for tax3 × option exercise
Show them
| Date | Insider | What | Shares | Price | Holds after | Filing |
|---|---|---|---|---|---|---|
| 2026-06-19 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Grant or award A | +22,299 | – | 172,876 | Form 4 |
| 2026-06-19 | Smith David JonCFO AND TREASURER | Grant or award A | +9,219 | – | 32,801 | Form 4 |
| 2026-06-09 | Ives Bruce AlanDirector | Grant or award A | +2,652 | – | 2,652 | Form 4 |
| 2026-01-20 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Grant or award A | +47,643 | – | 150,577 | Form 4 |
| 2026-01-20 | Smith David JonCFO AND TREASURER | Grant or award A | +20,061 | – | 23,582 | Form 4 |
| 2026-01-20 | Bui AndyVP, CHIEF ACCOUNTING OFFICER | Grant or award A | +6,522 | – | 16,186 | Form 4 |
| 2026-01-02 | Shoemaker ScottDirector | Option exercise M | +911 | – | 2,611 | Form 4 |
| 2026-01-02 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Option exercise M | +10,653 | – | 108,103 | Form 4 |
| 2026-01-02 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Shares withheld for tax F | −5,169 | 49.47 | 102,934 | Form 4 |
| 2026-01-01 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Shares withheld for tax F | −10,983 | 47.36 | 97,450 | Form 4 |
| 2026-01-01 | Smith David JonCFO AND TREASURER | Option exercise M | +4,555 | – | 5,155 | Form 4 |
| 2026-01-01 | Smith David JonCFO AND TREASURER | Shares withheld for tax F | −1,634 | 47.36 | 3,521 | Form 4 |
| 2026-01-01 | Bui AndyVP, CHIEF ACCOUNTING OFFICER | Shares withheld for tax F | −1,204 | 47.36 | 9,664 | Form 4 |
| 2025-10-15 | Kreitzer Gary ADirector | Grant or award A | +1,839 | 55.28 | 63,109 | Form 4 |
| 2025-07-15 | Kreitzer Gary ADirector | Grant or award A | +1,782 | 55.15 | 61,270 | Form 4 |
| 2025-06-11 | Kreitzer Gary ADirector | Grant or award A | +3,495 | – | 47,453 | Form 4 |
| 2025-06-11 | Boyle David GerardDirector | Grant or award A | +2,796 | – | 2,951 | Form 4 |
| 2025-04-15 | Kreitzer Gary ADirector | Grant or award A | +1,732 | 52.91 | 59,488 | Form 4 |
| 2025-02-24 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Grant or award A | +32,457 | – | 108,433 | Form 4 |
| 2025-02-24 | Bui AndyVP, CHIEF ACCOUNTING OFFICER | Grant or award A | +4,785 | – | 10,868 | Form 4 |
| 2025-01-23 | Kreitzer Gary ADirector | Grant or award A | +1,307 | 68.23 | 57,756 | Form 4 |
| 2025-01-01 | Bui AndyVP, CHIEF ACCOUNTING OFFICER | Shares withheld for tax F | −672 | 66.64 | 6,083 | Form 4 |
| 2025-01-01 | Wolfe Brian J.VP, GEN. COUNSEL AND SECRETARY | Shares withheld for tax F | −571 | 66.64 | 8,357 | Form 4 |
| 2025-01-01 | Smithers Paul E.Director, PRESIDENT, CEO AND DIRECTOR | Shares withheld for tax F | −6,803 | 66.64 | 75,976 | Form 4 |
How to read it
- Buy, sale
- Code P and S on the form: shares bought or sold in the market, at the market price. The other codes are mostly pay (a grant, an option exercised) or tax (shares the company withheld), and say little about what the insider thinks of the price.
- Plan
- A sale or purchase under a Rule 10b5-1 plan, set up in advance and running on its own schedule. Since April 2023 the form has a box for it. Much executive selling is planned and says more about diversifying than about the company.
- Holds after
- The shares the insider still held after the trade, in the form the trade was in (directly, or indirectly through a trust or a fund).
- Value
- Shares times the price the form reports, which is often an average over several fills on the day.
Read from the SEC's own quarterly data sets of Forms 3, 4 and 5, and from each day's filings since the last one. A correcting amendment replaces the lines it restates. Every row links to its filing. None of this is advice: insiders sell for many reasons, and buy for fewer.