IIPR · Insider Trading

Innovative Industrial Properties, Inc. Common stock

Every open-market purchase and sale reported by IIPR officers, directors and 10%+ beneficial owners on SEC Form 4, which must be filed within two business days of the transaction. Sales often reflect scheduled 10b5-1 plans or tax withholding rather than a directional view, so read counts alongside the size and the filer.

Form 4 Filings
50
most recent
Open-Market Buys
5
code P
Sales
3
code S
Reporting Insiders
10
current holders
IIPR — Recent Form 4 Transactions (latest 2026-10-13)
FiledInsiderRole TypeSharesValue
2026-10-13 Alan D Gold EXECUTIVE CHAIRMAN Buy +40,000 +$1.00M
2026-09-17 Scott Shoemaker Director Sell −611 −$34.44K
2026-09-01 Bruce Alan Ives Director Buy +528 +$29.94K
2026-06-23 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR A +22,299 —
2026-06-23 Alan D Gold EXECUTIVE CHAIRMAN A — —
2026-06-23 David Jon Smith CFO AND TREASURER A +9,219 —
2026-06-11 Bruce Alan Ives Director A +2,652 —
2026-06-10 David Gerard Boyle Director A — —
2026-06-10 Scott Shoemaker Director A — —
2026-02-03 Scott Shoemaker Director M +911 —
2026-01-21 Andy Bui VP, CHIEF ACCOUNTING OFFICER A +6,522 —
2026-01-21 David Jon Smith CFO AND TREASURER A +20,061 —
2026-01-21 Alan D Gold EXECUTIVE CHAIRMAN A — —
2026-01-21 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR A +47,643 —
2026-01-06 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR MIXED +5,484 −$255.71K
2026-01-05 Andy Bui VP, CHIEF ACCOUNTING OFFICER F −1,204 −$57.02K
2026-01-05 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR F −10,983 −$520.15K
2026-01-05 David Jon Smith CFO AND TREASURER MIXED +2,921 −$77.39K
2025-12-30 Gary A Kreitzer Director A +15,655 +$1.37M
2025-11-25 Alan D Gold EXECUTIVE CHAIRMAN Buy +2,600 +$127.63K
2025-11-20 David Jon Smith CFO AND TREASURER Buy +600 +$27.54K
2025-11-20 Alan D Gold EXECUTIVE CHAIRMAN Buy +2,000 +$91.95K
2025-06-13 Gary A Kreitzer Director A +3,495 —
2025-06-13 David Gerard Boyle Director A +2,796 —
2025-06-13 Scott Shoemaker Director A — —
2025-03-05 David Stecher Director Sell −7,599 −$536.11K
2025-02-25 David Jon Smith CFO AND TREASURER A +13,665 deriv. —
2025-02-25 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR A +32,457 —
2025-02-25 Alan D Gold EXECUTIVE CHAIRMAN A — —
2025-02-24 Andy Bui VP, CHIEF ACCOUNTING OFFICER A +4,785 —
2025-01-06 Andy Bui VP, CHIEF ACCOUNTING OFFICER F −672 −$44.78K
2025-01-03 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR F −6,803 −$453.35K
2025-01-03 Brian J. Wolfe VP, GEN. COUNSEL AND SECRETARY F −571 −$38.05K
2024-05-15 Gary A Kreitzer Director A +1,770 —
2024-05-15 David Stecher Director A +1,416 —
2024-05-15 Scott Shoemaker Director A — —
2024-05-15 Mary A Curran Director A — —
2024-01-18 David Jon Smith CFO AND TREASURER A +10,893 deriv. —
2024-01-18 Andy Bui VP, CHIEF ACCOUNTING OFFICER A +2,181 —
2024-01-18 Alan D Gold EXECUTIVE CHAIRMAN A — —
2024-01-18 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR A +27,231 —
2024-01-18 Brian J. Wolfe VP, GEN. COUNSEL AND SECRETARY A — —
2024-01-03 Andy Bui VP, CHIEF ACCOUNTING OFFICER F −517 −$52.12K
2024-01-03 Paul E. Smithers PRESIDENT, CEO AND DIRECTOR F −3,598 −$362.75K
2024-01-03 Brian J. Wolfe VP, GEN. COUNSEL AND SECRETARY F −885 −$89.23K
2023-11-15 David Stecher Director Sell −2,500 −$201.89K
2023-06-07 Gary A Kreitzer Director A +2,808 —
2023-06-07 Scott Shoemaker Director A — —
2023-06-07 Mary A Curran Director A — —
2023-06-07 David Stecher Director A +2,247 —
IIPR — Current Insider Holders
InsiderRole Shares HeldValue
Paul E. Smithers PRESIDENT, CEO AND DIRECTOR 172,876 $9.60M
Gary A Kreitzer Director 61,269 $3.40M
Alan D Gold EXECUTIVE CHAIRMAN 42,600 $2.37M
David Jon Smith CFO AND TREASURER 32,801 $1.82M
Andy Bui VP, CHIEF ACCOUNTING OFFICER 16,186 $898.97K
Brian J. Wolfe VP, GEN. COUNSEL AND SECRETARY 8,357 $464.15K
Bruce Alan Ives Director 3,180 $176.62K
David Gerard Boyle Director 2,951 $163.90K
Scott Shoemaker Director 2,000 $111.08K
David Stecher Director 1,416 $78.64K
IIPR Insider Trading FAQ
Who are the insiders at IIPR?
10 officers, directors and 10%+ beneficial owners currently report holdings in IIPR via SEC Form 4.
Are IIPR insiders buying or selling?
Across the 50 most recent Form 4 filings for IIPR, 5 were open-market purchases (code P) and 3 were sales (code S). Sales frequently reflect scheduled 10b5-1 plans or tax withholding rather than a view on the stock.
How current is IIPR insider data?
Form 4 must be filed within two business days of the transaction, so this is close to real time. The most recent IIPR filing is dated 2026-10-13.
How to read Form 4 activity

Form 4 reports a change in beneficial ownership by an officer, director or 10%+ holder, and must be filed within two business days of the transaction — so this is close to real time, unlike the 45-day-lagged 13F institutional data.

Transaction codes matter more than the raw buy/sell count. Code P is an open-market purchase — an insider choosing to buy with their own money, which is the signal most research treats as informative. Code S is a sale, but sales are frequently pre-scheduled under a 10b5-1 plan or cover tax withholding on vesting equity, so a run of sales often says nothing directional. Codes A and M are grants and option exercises rather than open-market decisions.

Full filing history and per-insider positions are on the IIPR quote page; the site-wide leaderboard is on the insider transactions hub.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.