Innovative Industrial Properties, Inc. (IIPR) has 14 known insider and institutional holders on record. The largest holder is HG Vora Capital Management, LLC with 775,000 shares. Other notable holders include Smithers Paul E. and Gold Alan D.
Over the last 12 months, insiders have made 40 transactions in IIPR stock — 34 buys (valued at $1.62M) and 0 sells (valued at RSU Award). Insider buying has outpaced selling during this period, which may signal confidence in the company's prospects.
IIPR Insider Ownership
Top Holder
HG Vora Capital Management, LLC
775,000 shares
Buys (12 mo)
34
$1.62M value
Sells (12 mo)
0
$0.00 value
12-Month Transaction Activity
Top Insider Holders
| # |
Name |
Role |
Shares Owned |
Last Filed |
Relative Size |
| 1 |
Hg Vora Capital Management, Llc |
10 Percent Owner |
775,000 |
2018-09-21 |
|
| 2 |
Smithers Paul E. |
President, CEO and Director |
150,577 |
2026-01-21 |
|
| 3 |
Gold Alan D |
Executive Chairman |
66,702 |
2026-01-21 |
|
| 4 |
Kreitzer Gary A |
Director |
47,840 |
2025-12-30 |
|
| 5 |
Smith David Jon |
CFO and Treasurer |
23,582 |
2026-01-21 |
|
| 6 |
Sistek Robert M. |
CFO and EVP, Investments |
21,432 |
2017-06-01 |
|
| 7 |
Bui Andy |
VP, Chief Accounting Officer |
16,186 |
2026-01-21 |
|
| 8 |
Hastings Catherine |
CFO and Treasurer |
9,021 |
2023-01-20 |
|
| 9 |
Wolfe Brian J. |
VP, Gen. Counsel and Secretary |
8,357 |
2025-01-03 |
|
| 10 |
Boyle David Gerard |
Director |
2,951 |
2025-06-13 |
|
| 11 |
Shoemaker Scott |
Director |
2,796 |
2025-06-13 |
|
| 12 |
Malino Gary |
Director |
1,802 |
2016-12-06 |
|
| 13 |
Curran Mary A |
Director |
1,416 |
2024-05-15 |
|
| 14 |
Stecher David |
Director |
1,346 |
2025-03-05 |
|
Recent Transactions (last 12 months)
| Date |
Name |
Role |
Type |
Shares |
Price |
Value |
| 2026-01-02 |
Shoemaker Scott |
Director |
Option Exercise (Sell) |
911 |
- |
- |
| 2026-01-20 |
Bui Andy |
VP, Chief Accounting Officer |
RSU Award |
6,522 |
- |
- |
| 2026-01-20 |
Smith David Jon |
CFO and Treasurer |
RSU Award |
20,061 |
- |
- |
| 2026-01-20 |
Smithers Paul E. |
President, CEO and Director |
RSU Award |
47,643 |
- |
- |
| 2026-01-20 |
Gold Alan D |
Executive Chairman |
RSU Award |
66,702 |
- |
- |
| 2026-01-02 |
Smithers Paul E. |
President, CEO and Director |
Option Exercise (Sell) |
10,653 |
- |
- |
| 2026-01-01 |
Bui Andy |
VP, Chief Accounting Officer |
Tax Withholding of RSU |
1,204 |
$47.36 |
$57.02K |
| 2026-01-01 |
Smith David Jon |
CFO and Treasurer |
Tax Withholding of RSU |
1,634 |
$47.36 |
$77.39K |
| 2026-01-01 |
Smithers Paul E. |
President, CEO and Director |
Tax Withholding of RSU |
10,983 |
$47.36 |
$520.15K |
| 2025-10-15 |
Kreitzer Gary A |
Director |
RSU Award |
1,839 |
$55.28 |
$101.66K |
| 2025-07-15 |
Kreitzer Gary A |
Director |
RSU Award |
1,782 |
$55.15 |
$98.28K |
| 2025-04-15 |
Kreitzer Gary A |
Director |
RSU Award |
1,732 |
$52.91 |
$91.64K |
| 2025-01-23 |
Kreitzer Gary A |
Director |
RSU Award |
1,307 |
$68.23 |
$89.18K |
| 2024-10-15 |
Kreitzer Gary A |
Director |
RSU Award |
647 |
$135.90 |
$87.93K |
| 2024-07-15 |
Kreitzer Gary A |
Director |
RSU Award |
728 |
$118.94 |
$86.59K |
| 2024-04-15 |
Kreitzer Gary A |
Director |
RSU Award |
783 |
$97.52 |
$76.36K |
| 2024-01-16 |
Kreitzer Gary A |
Director |
RSU Award |
802 |
$93.39 |
$74.9K |
| 2023-10-16 |
Kreitzer Gary A |
Director |
RSU Award |
747 |
$77.76 |
$58.09K |
| 2023-07-17 |
Kreitzer Gary A |
Director |
RSU Award |
739 |
$76.81 |
$56.76K |
| 2023-04-17 |
Kreitzer Gary A |
Director |
RSU Award |
772 |
$71.81 |
$55.44K |
| 2023-01-17 |
Kreitzer Gary A |
Director |
RSU Award |
485 |
$112.49 |
$54.56K |
| 2022-10-17 |
Kreitzer Gary A |
Director |
RSU Award |
567 |
$94.37 |
$53.51K |
| 2022-07-18 |
Kreitzer Gary A |
Director |
RSU Award |
513 |
$99.63 |
$51.11K |
| 2022-04-18 |
Kreitzer Gary A |
Director |
RSU Award |
297 |
$170.22 |
$50.56K |
| 2022-01-18 |
Kreitzer Gary A |
Director |
RSU Award |
207 |
$207.84 |
$43.02K |
