Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

INNOVATIVE INDUSTRIAL PROPERTIES INC

IIPR · NYSE · CIK 0001677576 · Real Estate · REIT—Industrial

INSIDER SIGNAL

62.4 / 100

2 buyers · 2 purchase transaction lines · $1.0M gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeModerate
RoleModerate
RecencyStrong
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+14.0 / 35
Purchase size+17.3 / 25
Role+13.0 / 20
Recency+8.5 / 10
Conviction+9.7 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 2 insider(s), not 4+
  • ⚠ Role scores low · most senior buyer: EXECUTIVE CHAIRMAN (CEO, chair and 10% owners score lowest)
  • ✓ Recent activity · latest purchase 2026-10-08

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Ives Bruce AlanDirector
○●
Smith David JonCFO AND TREASURER
○
Smithers Paul E.PRESIDENT, CEO AND DIRECTOR
○
Shoemaker ScottDirector
▼
Gold Alan DEXECUTIVE CHAIRMAN
●
● Purchase▼ Sale○ Other

—

Purchase breadth & concentration

QUALIFYING BUYERS2
PURCHASE CONCENTRATION97%Largest buyer: Gold Alan D · $1.0M
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-08-31–2026-08-31

Roles in the peak window: Director. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

62.4 / 100

Latest recorded score

↓ -0.3 ptsversus the previous recorded snapshot
  1. 63.1
  2. 62.9
  3. 62.7
  4. 62.4

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

6Purchases
1Sales
13Other Form 4 lines
17SEC filings · 365 days
BUYING2 qualifying P line(s) · 180 days
SELLING1 sale line(s) · context only
OTHER3 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot detected in parsed evidence

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
4,257,715
Previous report
3,763,844
Avg daily volume
532,794
Days to cover
8.0

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-08Gold Alan DPurchase (P)9.25% Series B Cumulative Redeemable Preferred Stock40,000USD 25.00USD 1,000,000SEC filing ↗
2026-08-31Ives Bruce AlanPurchase (P)Common Stock528USD 56.70USD 29,938SEC filing ↗
2025-11-24Gold Alan DPurchase (P)Common Stock2,600USD 49.09USD 127,634SEC filing ↗
2025-11-20Smith David JonPurchase (P)Common Stock600USD 45.90USD 27,540SEC filing ↗
2025-11-20Gold Alan DPurchase (P)Common Stock1,000USD 45.70USD 45,700SEC filing ↗
2025-11-19Gold Alan DPurchase (P)Common Stock1,000USD 46.26USD 46,260SEC filing ↗
2022-08-12Gold Alan DPurchase (P)Common Stock1,000USD 97.79USD 97,790SEC filing ↗
2022-08-10Gold Alan DPurchase (P)Common Stock1,000USD 94.22USD 94,220SEC filing ↗
2020-09-04Curran Mary APurchase (P)Common Stock500USD 118.26USD 59,130SEC filing ↗
2020-03-17Kreitzer Gary APurchase (P)Common Stock2,000USD 58.60USD 117,200SEC filing ↗
2020-03-13Curran Mary APurchase (P)Common Stock750USD 70.16USD 52,620SEC filing ↗

Form 4 evidence

20 transaction lines in the latest 365-day window; 150 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-08Gold Alan DPurchase (P)9.25% Series B Cumulative Redeemable Preferred Stock40,000USD 25.00USD 1,000,000SEC filing ↗
2026-09-15Shoemaker ScottSale (S)Common Stock611USD 56.36USD 34,436SEC filing ↗
2026-08-31Ives Bruce AlanPurchase (P)Common Stock528USD 56.70USD 29,938SEC filing ↗
Show recent Form 4 evidence (20 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-08Gold Alan DPurchase (P)9.25% Series B Cumulative Redeemable Preferred Stock40,000USD 25.00USD 1,000,000SEC filing ↗
2026-09-15Shoemaker ScottSale (S)Common Stock611USD 56.36USD 34,436SEC filing ↗
2026-08-31Ives Bruce AlanPurchase (P)Common Stock528USD 56.70USD 29,938SEC filing ↗
2026-06-19Smithers Paul E.Award / grant (A)Common Stock22,299USD —USD —SEC filing ↗
2026-06-19Smith David JonAward / grant (A)Common Stock9,219USD —USD —SEC filing ↗
2026-06-09Ives Bruce AlanAward / grant (A)Common Stock2,652USD —USD —SEC filing ↗
2026-01-20Smithers Paul E.Award / grant (A)Common Stock47,643USD —USD —SEC filing ↗
2026-01-20Smith David JonAward / grant (A)Common Stock20,061USD —USD —SEC filing ↗
2026-01-20Bui AndyAward / grant (A)Common Stock6,522USD —USD —SEC filing ↗
2026-01-02Shoemaker ScottOption exercise / conversion (M)Common Stock911USD 0.00USD 0SEC filing ↗
2026-01-02Smithers Paul E.Option exercise / conversion (M)Common Stock10,653USD 0.00USD 0SEC filing ↗
2026-01-02Smithers Paul E.Tax withholding (F)Common Stock5,169USD 49.47USD 255,710SEC filing ↗
2026-01-01Smithers Paul E.Tax withholding (F)Common Stock10,983USD 47.36USD 520,155SEC filing ↗
2026-01-01Smith David JonOption exercise / conversion (M)Common Stock4,555USD 0.00USD 0SEC filing ↗
2026-01-01Smith David JonTax withholding (F)Common Stock1,634USD 47.36USD 77,386SEC filing ↗
2026-01-01Bui AndyTax withholding (F)Common Stock1,204USD 47.36USD 57,021SEC filing ↗
2025-11-24Gold Alan DPurchase (P)Common Stock2,600USD 49.09USD 127,634SEC filing ↗
2025-11-20Smith David JonPurchase (P)Common Stock600USD 45.90USD 27,540SEC filing ↗
2025-11-20Gold Alan DPurchase (P)Common Stock1,000USD 45.70USD 45,700SEC filing ↗
2025-11-19Gold Alan DPurchase (P)Common Stock1,000USD 46.26USD 46,260SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerIIPR
CIK0001677576
SectorReal Estate
IndustryREIT—Industrial Yahoo Finance
SEC SIC6500 Real Estate
ExchangeNYSE

Data coverage

Local Form 4 history150 transaction lines from 2020-01-01 to 2026-10-08
11 P purchase lines · 44 S sale lines · 95 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.