INNOVATIVE INDUSTRIAL PROPERTIES INC·4

Jan 21, 7:08 PM ET

Bui Andy 4

4 · INNOVATIVE INDUSTRIAL PROPERTIES INC · Filed Jan 21, 2026

Research Summary

AI-generated summary of this filing

Updated

IIPR VP Andy Bui Receives Restricted Stock Award

What Happened
Andy Bui, Vice President and Chief Accounting Officer of Innovative Industrial Properties, Inc. (IIPR), was granted 6,522 restricted shares on January 20, 2026. The filing shows no purchase price or cash exchanged (price N/A) — this was an award/grant (transaction code A) as part of compensation, not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-01-20 (reported on Form 4 filed 2026-01-21).
  • Transaction type: Grant / restricted stock award (Code A).
  • Shares granted: 6,522; price: N/A (no cash price reported).
  • Shares owned after transaction: Not specified in the provided filing data.
  • Vesting note (F1): One-third of the shares vest (released from forfeiture) on each of Jan 1, 2027; Jan 1, 2028; and Jan 1, 2029, provided Bui remains an employee or non-employee director on those dates.
  • Filing timeliness: Filed the day after the transaction (appears timely).

Context
Restricted stock grants are compensation/retention awards that vest over time and do not represent an immediate market purchase or sale. They do not necessarily signal the insider's near-term view of the stock price; they reflect company compensation decisions and future ownership if vesting conditions are met.

Insider Transaction Report

Form 4
Period: 2026-01-20
Bui Andy
VP, CHIEF ACCOUNTING OFFICER
Transactions
  • Award

    Common Stock

    [F1]
    2026-01-20+6,52216,186 total
Footnotes (1)
  • [F1]Represents grant of restricted stock. One-third of the shares 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 Innovative Industrial Properties, Inc. on such date.
Signature
/s/ Andy Bui|2026-01-21

Documents

1 file
  • 4
    form4-01222026_120109.xmlPrimary