Smithers Paul E. sold IIPR
January 1, 2026 · Form 4 insider transaction
Smithers Paul E. sold 10,983 shares of Innovative Industrial Properties, Inc. at $47.36 per share, a transaction worth $520.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Direction
Disposed (sell-side)
Shares
10,983
Price
$47.36
Total value
$520.2K
InsiderSmithers Paul E.
RoleOfficer, Director
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateJanuary 1, 2026
Filing dateJanuary 5, 2026
Shares owned after97,450
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents payment of tax liability by the forfeiture of shares of common stock to Innovative Industrial Properties, Inc. (the "Company") incident to the vesting of the reporting person's restricted stock.