Director Bruce Alan Ives filed a Form 4 with the SEC on September 1, 2026, disclosing a purchase of Innovative Industrial Properties Inc common stock on August 31, 2026.

Key Highlights

  • Reporting person: Bruce Alan Ives, listed as a Director of Innovative Industrial Properties Inc
  • Transaction: Purchase (transaction code P) of 528 shares of common stock on August 31, 2026
  • Price paid: $56.7 per share
  • Post-transaction ownership: 3,180 shares of common stock held directly following the reported transaction
  • Filing date: September 1, 2026, filed by one reporting person

Bruce Alan Ives Discloses Open-Market Common Stock Purchase at $56.7

According to the Form 4 filing, Bruce Alan Ives, a Director of Innovative Industrial Properties Inc (NYSE:IIPR), acquired 528 shares of the company's common stock on August 31, 2026. The transaction was coded "P," indicating an open-market purchase. The reported price per share was $56.7, and the filing indicates the shares were acquired directly.

Following the reported transaction, the filing discloses that Ives beneficially owned 3,180 shares of common stock on a direct basis. No derivative securities were reported in Table II of the filing, and no Rule 10b5-1 plan box was checked in connection with this transaction. The filing was signed by Bruce Alan Ives and submitted to the SEC on September 1, 2026.

What Was Disclosed

A Director of Innovative Industrial Properties Inc reported the direct purchase of 528 shares of common stock at $56.7 per share on August 31, 2026, bringing his total direct beneficial ownership to 3,180 shares, as disclosed in a Form 4 filed September 1, 2026.