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Innovative Industrial Properties chair Alan D Gold buys $1.0 million of shares

Open market purchase reported on Form 4, filed Oct 13, 2026.

Octans ResearchPublished

Snapshot

Alan D Gold, EXECUTIVE CHAIRMAN of Innovative Industrial Properties (IIPR), bought 40,000 shares in open market purchases on Oct 8, 2026, about $1.0 million at an average price of $25.00 a share, according to a Form 4 filed with the SEC on Oct 13, 2026.

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IIPR
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Market Data

Latest prices for the companies covered in this article
Company1D %Price
($IIPR)▼ −0.73%52.01

as of 09:54 ET · Realtime derived data

What We Know

The filing lists 1 open market purchase line: • Oct 8, 2026: 40,000 shares at $25.00.

After the last purchase, the filing reports 40,000 shares held directly in that account.

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An open market purchase is made with the insider's own money at the market price, unlike option exercises or stock awards, which this brief excludes. The filing does not say why the insider bought.

Bear Case · Room for Disagreement

Limits. Insiders must report trades within two business days; this brief covers one filing and does not net it against sales by the same person or other insiders. Prices are as filed; where a line shows a weighted average, the filing's footnotes give the range.

Method and source. Octans Research reads the structured Form 4 filed with the SEC, keeps open market purchases (code P) only, and computes the total value and the average price from the filed share counts and prices. The filed price must sit within 25% of the closing price on the trade date. The text is generated by a fixed template; no model wrote it.

Chart

$IIPR adjusted close, last 6 months $IIPR adjusted close, last 6 months: series rising from 52.3 to 52.4 (+0.17%) from 2026-04-22 to 2026-10-16. Scale 45 to 65. 4550556065 2026-04-222026-10-16 $IIPR ADJUSTED CLOSE, LAST 6 MONTHS +0.17% 52.39
Source: Tiingo · As of 2026-10-16Indicative, not investment advice.

Sources

  1. [1]SEC EDGAR — Form 4 filed by Alan D Gold for Innovative Industrial Properties, Oct 13, 2026

These are the sources this piece was drafted from. How we verify. Found an error? Tell us and we correct it in public.

$1.0M

Alan D Gold, EXECUTIVE CHAIRMAN of Innovative Industrial Properties (IIPR), bought 40,000 share… · Snapshot

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