Smithers Paul E. sold IIPR
January 2, 2026 · Form 4 insider transaction
Smithers Paul E. sold 5,169 shares of Innovative Industrial Properties, Inc. at $49.47 per share, a transaction worth $255.7K. 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
5,169
Price
$49.47
Total value
$255.7K
InsiderSmithers Paul E.
RoleOfficer, Director
SecurityCommon Stock
Transaction codeF: Shares withheld for taxes
Transaction dateJanuary 2, 2026
Filing dateJanuary 6, 2026
Shares owned after102,934
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
Represents payment of tax liability by the withholding of shares of common stock by Innovative Industrial Properties, Inc. incident to the settlement of the reporting person's restricted stock units.