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NYSE · CIK 0001677576

IIPR INNOVATIVE INDUSTRIAL PROPERTIES INC

Insider trading from SEC Form 4. Last filing 26 d ago. Close $51.83 on Oct 9, 2026, +34% from the 52-week low and -17% from the high.

In brief

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) has 32 SEC Form 4 filings on file from 9 insiders, the latest filed on Sep 17, 2026. In the last 90 days insiders made 1 open-market buy worth $30k and 1 open-market sell worth $34k, net -$4,498.

6 open-market trades have been scored at IIPR. The newest: Scott Shoemaker (director) sold $34k of stock on Sep 15, 2026, filed Sep 17, 2026, scored 26 (weak). The largest of the 6 shown: David Stecher (director) sold $536k on Mar 3, 2025, scored 54 (moderate). 2 insiders bought within 14 days of each other around Nov 24, 2025.

2 Form 144 notices of planned sales are on file, the latest filed Feb 28, 2025.

Last 90 days

Net insider value
-$4,498
more sold than bought
Buys
1
$30k by 1 insider
Sells
1
$34k by 1 insider
Insiders on file
9
with a Form 4 at this company

Price and insider trades, last year

IIPROct 9, 2026 · close 51.83

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value. Click a marked bar to open the signal.Charts by TradingView Lightweight Charts™

Signals

Open-market buys and sells at INNOVATIVE INDUSTRIAL PROPERTIES INC, scored.

ScoreInsiderValueHoldingsPrice contextFiled
26WeakScott Shoemaker
director
sell
$34k
611 shares
-23%-
23WeakBruce Alan Ives
director
buy
$30k
528 shares
+20%-
60NotableAlan D Gold
EXECUTIVE CHAIRMAN
buy
$128k
2,600 shares
-+11% from low-50% from high
55ModerateAlan D Gold
EXECUTIVE CHAIRMAN
buy
$92k
2,000 shares
+4%+4% from low-53% from high
61NotableDavid Jon Smith
CFO AND TREASURER
buy
$28k
600 shares
-+1% from low-55% from high
54ModerateDavid Stecher
director
sell
$536k
7,599 shares
-85%-

Planned sales

Form 144 notices filed before a sale of restricted or control stock, newest first. The sale itself usually reaches a Form 4 within days. All planned sales

FiledSellerSharesValueSale datePast 3 months
Feb 28, 2025 Stecher David
Director
7,599
0.03% of outstanding
$551kFeb 28, 2025none
Nov 15, 2023 Stecher David
Director
2,500
0.01% of outstanding
$199kNov 15, 2023none

Transactions

The newest 50 of 60 rows filed, every code.

DateInsiderTransactionSharesPriceValueHoldings afterFiled
Sep 15, 2026Scott Shoemaker
director
SOpen-market sale
Common Stock
-611$56.36$34k2,00026 d ago
Aug 31, 2026Bruce Alan Ives
director
POpen-market purchase
Common Stock
+528$56.70$30k3,18042 d ago
Jun 19, 2026Paul E. Smithers
PRESIDENT, CEO AND DIRECTOR
AGrant or award
Common Stock
+22,299--172,876Jun 23, 2026
Jun 19, 2026David Jon Smith
CFO AND TREASURER
AGrant or award
Common Stock
+9,219--32,801Jun 23, 2026
Jun 19, 2026Alan D Gold
EXECUTIVE CHAIRMAN
AGrant or award
Restricted Stock Units 2026derivative
+33,960$0.00$033,960Jun 23, 2026
Jun 9, 2026Bruce Alan Ives
director
AGrant or award
Common Stock
+2,652--2,652Jun 11, 2026
Jun 9, 2026Scott Shoemaker
director
AGrant or award
Restricted Stock Units 2026derivative
+2,652$0.00$02,652Jun 10, 2026
Jun 9, 2026David Gerard Boyle
director
AGrant or award
Restricted Stock Units 2026derivative
+2,652$0.00$02,652Jun 10, 2026
Jan 2, 2026Scott Shoemaker
director
MOption exercise
Common Stock
+911$0.00$02,611Feb 3, 2026
Jan 2, 2026Scott Shoemaker
director
MOption exercise
Restricted Stock Units 2020derivative
-911$0.00$00Feb 3, 2026
Jan 20, 2026Andy Bui
VP, CHIEF ACCOUNTING OFFICER
AGrant or award
Common Stock
+6,522--16,186Jan 21, 2026
Jan 20, 2026Paul E. Smithers
PRESIDENT, CEO AND DIRECTOR
AGrant or award
Common Stock
+47,643--150,577Jan 21, 2026
Jan 20, 2026David Jon Smith
CFO AND TREASURER
AGrant or award
Common Stock
+20,061--23,582Jan 21, 2026
Jan 20, 2026Alan D Gold
EXECUTIVE CHAIRMAN
AGrant or award
Restricted Stock Units 2026derivative
+66,702$0.00$066,702Jan 21, 2026
Jan 2, 2026Paul E. Smithers
PRESIDENT, CEO AND DIRECTOR
MOption exercise
Common Stock
+10,653$0.00$0108,103Jan 6, 2026
Jan 2, 2026Paul E. Smithers
PRESIDENT, CEO AND DIRECTOR
FTax withholding
Common Stock
-5,169$49.47$256k102,934Jan 6, 2026
Jan 2, 2026Paul E. Smithers
PRESIDENT, CEO AND DIRECTOR
MOption exercise
Restricted Stock Units 2020derivative
-10,653$0.00$00Jan 6, 2026
Jan 1, 2026Andy Bui
VP, CHIEF ACCOUNTING OFFICER
FTax withholding
Common Stock
-1,204$47.36$57k9,664Jan 5, 2026
Jan 1, 2026David Jon Smith
CFO AND TREASURER
MOption exercise
Common Stock
+4,555$0.00$05,155Jan 5, 2026
Jan 1, 2026Paul E. Smithers
PRESIDENT, CEO AND DIRECTOR
FTax withholding
Common Stock
-10,983$47.36$520k97,450Jan 5, 2026
Jan 1, 2026David Jon Smith
CFO AND TREASURER
FTax withholding
Common Stock
-1,634$47.36$77k3,521Jan 5, 2026
Jan 1, 2026David Jon Smith
CFO AND TREASURER
MOption exercise
Restricted Stock Units 2025derivative
-4,555$0.00$09,110Jan 5, 2026
Apr 16, 2020Gary A Kreitzer
director
AGrant or award
Common Stock
+387$69.82$27k47,840Dec 30, 2025
Jul 16, 2020Gary A Kreitzer
director
AGrant or award
Common Stock
+314$92.58$29k48,153Dec 30, 2025
Oct 16, 2020Gary A Kreitzer
director
AGrant or award
Common Stock
+248$130.55$32k48,402Dec 30, 2025
Jan 19, 2021Gary A Kreitzer
director
AGrant or award
Common Stock
+188$184.49$35k48,589Dec 30, 2025
Apr 16, 2021Gary A Kreitzer
director
AGrant or award
Common Stock
+204$182.49$37k48,793Dec 30, 2025
Jul 16, 2021Gary A Kreitzer
director
AGrant or award
Common Stock
+192$207.00$40k48,985Dec 30, 2025
Oct 18, 2021Gary A Kreitzer
director
AGrant or award
Common Stock
+178$240.98$43k49,162Dec 30, 2025
Jan 18, 2022Gary A Kreitzer
director
AGrant or award
Common Stock
+207$207.84$43k49,369Dec 30, 2025
Apr 18, 2022Gary A Kreitzer
director
AGrant or award
Common Stock
+297$170.22$51k49,667Dec 30, 2025
Jul 18, 2022Gary A Kreitzer
director
AGrant or award
Common Stock
+513$99.63$51k50,180Dec 30, 2025
Oct 17, 2022Gary A Kreitzer
director
AGrant or award
Common Stock
+567$94.37$54k50,747Dec 30, 2025
Jan 17, 2023Gary A Kreitzer
director
AGrant or award
Common Stock
+485$112.49$55k51,232Dec 30, 2025
Apr 17, 2023Gary A Kreitzer
director
AGrant or award
Common Stock
+772$71.81$55k52,003Dec 30, 2025
Jul 17, 2023Gary A Kreitzer
director
AGrant or award
Common Stock
+739$76.81$57k52,742Dec 30, 2025
Oct 16, 2023Gary A Kreitzer
director
AGrant or award
Common Stock
+747$77.76$58k53,490Dec 30, 2025
Jan 16, 2024Gary A Kreitzer
director
AGrant or award
Common Stock
+802$93.39$75k54,292Dec 30, 2025
Apr 15, 2024Gary A Kreitzer
director
AGrant or award
Common Stock
+783$97.52$76k55,075Dec 30, 2025
Jul 15, 2024Gary A Kreitzer
director
AGrant or award
Common Stock
+728$118.94$87k55,802Dec 30, 2025
Oct 15, 2024Gary A Kreitzer
director
AGrant or award
Common Stock
+647$135.90$88k56,449Dec 30, 2025
Jan 23, 2025Gary A Kreitzer
director
AGrant or award
Common Stock
+1,307$68.23$89k57,756Dec 30, 2025
Apr 15, 2025Gary A Kreitzer
director
AGrant or award
Common Stock
+1,732$52.91$92k59,488Dec 30, 2025
Jul 15, 2025Gary A Kreitzer
director
AGrant or award
Common Stock
+1,782$55.15$98k61,270Dec 30, 2025
Oct 15, 2025Gary A Kreitzer
director
AGrant or award
Common Stock
+1,839$55.28$102k63,109Dec 30, 2025
Nov 24, 2025Alan D Gold
EXECUTIVE CHAIRMAN
POpen-market purchase
Common Stockindirect: By Trust
+2,600$49.09$128k2,600Nov 25, 2025
Nov 20, 2025David Jon Smith
CFO AND TREASURER
POpen-market purchase
Common Stock
+600$45.90$28k600Nov 20, 2025
Nov 19, 2025Alan D Gold
EXECUTIVE CHAIRMAN
POpen-market purchase
Common Stockindirect: By SLAT
+1,000$46.26$46k57,500Nov 20, 2025
Nov 20, 2025Alan D Gold
EXECUTIVE CHAIRMAN
POpen-market purchase
Common Stockindirect: By SLAT
+1,000$45.70$46k58,500Nov 20, 2025
Jun 11, 2025David Gerard Boyle
director
AGrant or award
Common Stock
+2,796--2,951Jun 13, 2025
50 of 60 rows shown.

Insiders

Everyone who has filed a Form 4 here.

Questions about IIPR

Answered from the filings on this page, as of the latest one.

Are insiders buying IIPR?

As of Sep 17, 2026, SEC Form 4 filings show 1 open-market buy worth $30k by 1 insider and 1 open-market sell worth $34k by 1 insider at INNOVATIVE INDUSTRIAL PROPERTIES INC in the last 90 days, net -$4,498. Only purchases (code P) and sales (code S) count; grants, option exercises and tax withholding do not.

Who was the last insider to trade IIPR on the open market?

Scott Shoemaker (director) sold $34k of IIPR on Sep 15, 2026 and filed the Form 4 on Sep 17, 2026. InsiderTell scored 26 (weak).

How many insiders file Form 4 at INNOVATIVE INDUSTRIAL PROPERTIES INC?

9 people have filed a Form 4 at INNOVATIVE INDUSTRIAL PROPERTIES INC, among them David Gerard Boyle (director), Andy Bui (VP, CHIEF ACCOUNTING OFFICER), Alan D Gold (EXECUTIVE CHAIRMAN). Officers, directors and holders of more than 10% of a share class must report their trades within two business days.

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

IIPR insider trading: INNOVATIVE INDUSTRIAL PROPERTIES INC | InsiderTell