IIPR - NYSE
Innovative Industrial Properties, Inc.
$57.91
+1.1%Innovative Industrial Properties, Inc. is a self-advised Maryland corporation focused on the acquisition, ownership and management of specialized properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities. Innovative Industrial Properties, Inc. has elected to be taxed as a real estate investment trust, commencing with the year ended December 31, 2017.
At a Glance
Live SnapshotInnovative Industrial Properties, Inc. Management Team
Mr. David J. Smith
Chief Financial Officer & Treasurer
Compensation
$990,027
Mr. Ben Regin
Chief Investment Officer
Ms. Catherine Hastings CPA
Chief Operating Officer
Compensation
$1,109,900
Mr. Alan D. Gold
Executive Chairman
Compensation
$3,475,766
Mr. Paul E. Smithers
President, Chief Executive Officer & Director
Compensation
$2,499,195
Ms. Tracie Hager
Senior Vice President of Asset Management
Ms. Kelly C. Spicher
Senior Vice President of Real Estate Counsel
Mr. Andy Bui
Vice President & Chief Accounting Officer
Innovative Industrial Properties, Inc. Insider Positioning
During the last 12 months, insiders have purchased $247K worth of IIPR shares, with no selling activity reported.
3 Months
0
0.00
0
0.00
+0
+$0
3-6 Months
0
0.00
0
0.00
+0
+$0
6-9 Months
5.2K
247.13K
0
0.00
+247K
+$247K
9-12 Months
0
0.00
0
0.00
+0
+$0
Top Buyers
Gold Alan D
Director, Officer: Executive Chairman
$220K
Smith David Jon
Officer: Cfo And Treasurer
$28K
Top Sellers
No selling activity
Insider Activity Analysis
Net Insider Sentiment
Strong bullish signal with $247K net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.
Buy/Sell Ratio
Perfect buy/sell ratio. Only buying activity with zero selling—the most bullish possible insider signal.
Insider Participation
2 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.
Insider Activity Insight
Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.
SEC Filings
IIPR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
DEF 14A DEF 14A 2025 N/A | April 22, 2026 | December 31, 2025 | 2025 | |
DEF 14A DEF 14A 2025 N/A | April 29, 2025 | June 11, 2025 | 2025 | |
DEF 14A DEF 14A 2024 N/A | April 01, 2024 | May 15, 2024 | 2024 | |
DEF 14A DEF 14A N/A | April 27, 2023 | April 27, 2023 | ||
DEF 14A DEF 14A 2022 N/A | April 07, 2022 | May 18, 2022 | 2022 | |
DEF 14A DEF 14A 2021 N/A | April 19, 2021 | June 04, 2021 | 2021 | |
DEF 14A DEF 14A 2020 N/A | April 17, 2020 | June 02, 2020 | 2020 | |
DEF 14A DEF 14A 2019 N/A | April 03, 2019 | May 22, 2019 | 2019 | |
DEF 14A DEF 14A 2018 N/A | April 05, 2018 | May 23, 2018 | 2018 | |
DEF 14A DEF 14A 2017 N/A | April 04, 2017 | May 24, 2017 | 2017 |
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.