Alan Gold receives 66,702 RSUs at Innovative Industrial Properties (NYSE: IIPR)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Innovative Industrial Properties executive chairman Alan D. Gold reported a grant of 66,702 restricted stock units on January 20, 2026. Each RSU represents the right to receive one share of common stock upon vesting. One-third of these RSUs is scheduled to vest on each of January 1, 2027, January 1, 2028, and January 1, 2029, contingent on his continued service and satisfaction of conditions under the Company’s nonqualified deferred compensation plan.
Following this grant, Gold also reports existing direct holdings of common stock and RSUs from prior award years, as well as indirect common stock holdings through a Spousal Lifetime Access Trust for the benefit of his spouse and adult child and through an irrevocable trust for the benefit of his adult child.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Gold Alan D
Role
EXECUTIVE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units 2026 | 66,702 | $0.00 | -- |
| holding | Restricted Stock Units 2020 | -- | -- | -- |
| holding | Restricted Stock Units 2021 | -- | -- | -- |
| holding | Restricted Stock Units 2022 | -- | -- | -- |
| holding | Restricted Stock Units 2023 | -- | -- | -- |
| holding | Restricted Stock Units 2024 | -- | -- | -- |
| holding | Restricted Stock Units 2025 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units 2026 — 66,702 shares (Direct);
Restricted Stock Units 2020 — 15,978 shares (Direct);
Restricted Stock Units 2021 — 12,612 shares (Direct);
Restricted Stock Units 2022 — 16,218 shares (Direct);
Restricted Stock Units 2023 — 31,566 shares (Direct);
Restricted Stock Units 2024 — 38,124 shares (Direct);
Restricted Stock Units 2025 — 45,438 shares (Direct);
Common Stock — 213,308 shares (Direct);
Common Stock — 58,500 shares (Indirect, By SLAT)
Footnotes (1)
- A Spousal Lifetime Access Trust ("SLAT") for the benefit of the reporting person's spouse and adult child. The reporting person and the reporting person's spouse control the entity that serves as trustee of the SLAT. SMG Irrevocable Trust for the benefit of the reporting person's adult child. The reporting person and the reporting person's spouse control the entity that serves as trustee of SMG Irrevocable Trust. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of the Innovative Industrial Properties, Inc.'s (the "Company") common stock. One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2027, January 1, 2028, and January 1, 2029, provided that the reporting person continues to be a non-employee director or employee of the Company on such date. The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's NQDC Plan. The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's NQDC Plan. One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2025, January 1, 2026, and January 1, 2027, provided that the reporting person continues to be a non-employee director or employee of the Company on such date. The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's NQDC Plan. One-third of the RSUs shall be released from the forfeiture restriction on each of January 1, 2026, January 1, 2027, and January 1, 2028, provided that the reporting person continues to be a non-employee director or employee of the Company on such date. The vesting of RSUs is subject to satisfaction of the vesting conditions under the Company's Nonqualified Deferred Compensation Plan.
FAQ
What did the latest Form 4 for IIPR disclose about Alan D. Gold?
The Form 4 reports that Alan D. Gold, executive chairman and director of Innovative Industrial Properties (IIPR), received a grant of 66,702 restricted stock units on January 20, 2026 and details his direct and indirect holdings of common stock and RSUs.
How many RSUs were granted to Alan D. Gold in January 2026 at Innovative Industrial Properties (IIPR)?
On January 20, 2026, Alan D. Gold was granted 66,702 restricted stock units labeled as Restricted Stock Units 2026, with a reported price of $0 per unit in the filing.
What is the vesting schedule for the 2026 RSU grant to Alan D. Gold at IIPR?
For the 2026 RSU grant of 66,702 units, the filing states that one-third of the RSUs will be released from forfeiture on each of January 1, 2027, January 1, 2028, and January 1, 2029, subject to his continued service and the vesting conditions under the Company’s nonqualified deferred compensation plan.
What other RSU awards does Alan D. Gold hold at Innovative Industrial Properties?
The filing lists existing direct holdings of restricted stock units from prior years, including Restricted Stock Units 2020 (15,978), 2021 (12,612), 2022 (16,218), 2023 (31,566), 2024 (38,124), and 2025 (45,438), each tied to an equivalent number of underlying shares of common stock.
How much common stock does Alan D. Gold hold directly and indirectly in IIPR?
As of the reported date, the Form 4 shows 213,308 shares of common stock held directly. It also reports 58,500 shares indirectly held through a Spousal Lifetime Access Trust (SLAT) and 2,600 shares indirectly held through the SMG Irrevocable Trust, both for the benefit of family members.
How do the trusts mentioned in the IIPR Form 4 relate to Alan D. Gold’s holdings?
The filing explains that the Spousal Lifetime Access Trust (SLAT) is for the benefit of his spouse and adult child, and the SMG Irrevocable Trust is for the benefit of his adult child. In each case, Alan D. Gold and his spouse control the entity that serves as trustee, and the related common stock holdings are reported as indirect ownership.
What does each RSU represent in Alan D. Gold’s IIPR awards?
Footnotes in the filing state that each restricted stock unit (RSU) represents the contingent right to receive, upon vesting, one share of Innovative Industrial Properties, Inc. common stock, subject to satisfaction of the vesting conditions under the Company’s applicable compensation plans.
Innovative Indus