Innovative Industrial director buys 528 shares at $56.70

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) director Bruce Alan Ives reported an open-market purchase of company common stock.

Rhea-AI Filing Summary

INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR) director Bruce Alan Ives reported an open-market purchase of company common stock. On 2026-08-31, he bought 528 shares at $56.70 per share. Following this transaction, his directly held position increased to 3,180 common shares. The transaction was not reported as made under a Rule 10b5-1 trading plan.

Insider Trade Summary

Net Buyer: 528 shares

Net Buy 1 txn

Insider Ives Bruce Alan

Role Director

Bought 528 shs ($30K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	528	$56.70	$30K

Holdings After Transaction: Common Stock — 3,180 shares (Direct)

Key Figures

Shares purchased: 528 shares Purchase price per share: $56.70 Total shares owned after transaction: 3,180 shares +1 more

4 metrics

Shares purchased 528 shares Common Stock purchased on 2026-08-31

Purchase price per share $56.70 Price per share for 528-share purchase of Common Stock

Total shares owned after transaction 3,180 shares Directly held Common Stock following the reported purchase

Net buy shares 528 shares Net buy direction across all reported transactions in this Form 4

Key Terms

Common Stock, Form 4, Rule 10b5-1, open market or private transaction

4 terms

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Rule 10b5-1 regulatory

"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

open market or private transaction financial

"transaction_code_description: "Purchase in open market or private transaction""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did IIPR director Bruce Alan Ives report?

Bruce Alan Ives reported a purchase of 528 shares of INNOVATIVE INDUSTRIAL PROPERTIES INC common stock on 2026-08-31 in an open-market or private transaction at $56.70 per share.

How many IIPR shares does Bruce Alan Ives hold after this Form 4 transaction?

After the reported transaction, Bruce Alan Ives directly holds 3,180 shares of INNOVATIVE INDUSTRIAL PROPERTIES INC common stock, as stated in the Form 4 filing.

Was the IIPR insider trade by Bruce Alan Ives under a Rule 10b5-1 plan?

No. The filing’s Rule 10b5-1 checkbox is unchecked, indicating the reported purchase of 528 IIPR shares on 2026-08-31 was not reported as made under a Rule 10b5-1 trading plan.

What price did Bruce Alan Ives pay per share for IIPR stock?

He purchased IIPR common stock at a price of $56.70 per share for the 528 shares acquired on 2026-08-31.

What type of security did Bruce Alan Ives acquire in this IIPR Form 4?

Bruce Alan Ives acquired Common Stock of INNOVATIVE INDUSTRIAL PROPERTIES INC, as specified in the Form 4 non-derivative transaction details.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/01/2026 - 04:48 PM EDT Accepted by SEC EDGAR 09/01/2026 - 04:47 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Ives Bruce Alan

(Last) (First) (Middle)

C/O INNOVATIVE INDUSTRIAL PROPERTIES INC

11440 WEST BERNARDO COURT, SUITE 100

(Street)

SAN DIEGO CALIFORNIA 92127

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
INNOVATIVE INDUSTRIAL PROPERTIES INC [ IIPR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/31/2026		P		528	A	$56.7	3,180	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Bruce Alan Ives	09/01/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)