# EDGAR Filing Document

**Accession Number:** 0001677576
**File Stem:** 0001104659-26-071876
**Filing Date:** 2026-6
**Character Count:** 9616
**Document Hash:** feb42feb5e7fb9c8f525a4d0333aef78
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-071876.hdr.sgml**: 20260609

**ACCESSION NUMBER**: 0001104659-26-071876

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260609

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260609

**DATE AS OF CHANGE**: 20260609

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INNOVATIVE INDUSTRIAL PROPERTIES INC
- **CENTRAL INDEX KEY:** 0001677576
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 812963381
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37949
- **FILM NUMBER:** 261076679

**BUSINESS ADDRESS:**
- **STREET 1:** 1389 CENTER DRIVE
- **STREET 2:** SUITE 200
- **CITY:** PARK CITY
- **STATE:** UT
- **ZIP:** 84098
- **BUSINESS PHONE:** (858) 997-3332

**MAIL ADDRESS:**
- **STREET 1:** 1389 CENTER DRIVE
- **STREET 2:** SUITE 200
- **CITY:** PARK CITY
- **STATE:** UT
- **ZIP:** 84098

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INNOVATIVE GREENHOUSE PROPERTIES INC
- **DATE OF NAME CHANGE:** 20160620

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): June 9, 2026**

**Innovative Industrial Properties, Inc.**

**(Exact name of registrant as specified in its charter)**

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| | | |
|:---|:---|:---|
| **Maryland** | **001-37949** | **81-2963381** |
| **(State or other jurisdiction**<br> **of incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

**1389 Center Drive, Suite 200**

**Park City, Utah 84098**

**(Address of principal executive offices, including zip code)**

**Registrant's telephone number, including area code: (858) 997-3332**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities Registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| **Common Stock, par value $0.001 per share** | **IIPR** | **New York Stock Exchange** |
| **Series A Preferred Stock, par value $0.001 per share** | **IIPR-PA** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

As described in Item 5.07 below, Innovative Industrial Properties, Inc. (the "Company") held its annual meeting of stockholders (the "Annual Meeting") on June 9, 2026. At the Annual Meeting, the stockholders approved the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan (the "2026 Plan"), which replaces the previously existing Innovative Industrial Properties, Inc. 2016 Omnibus Incentive Plan (the "Prior Plan"). Accordingly, the Prior Plan has been terminated as of June 9, 2026; however, the terms and conditions of the Prior Plan will continue to govern any outstanding awards granted thereunder. Upon recommendation of the Company's compensation committee, the Company's board of directors approved the 2026 Plan on April 20, 2026, subject to stockholder approval at the Annual Meeting.

Subject to adjustments for changes in capitalization and the 2026 Plan's share counting and recycling provisions, as of June 9, 2026, an aggregate of 1,250,000 shares of the Company's common stock may be issued pursuant to awards granted under the 2026 Plan. Officers, employees, consultants and advisors of the Company and its affiliates, as well as members of the Company's board of directors, are eligible to participate in the 2026 Plan. The 2026 Plan provides for the grant of stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, performance units, cash incentive awards, dividend equivalent units, and other stock-based awards.

A summary of the material terms of the 2026 Plan is set forth under the caption "Proposal 3: Adoption of the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan" in the Company's Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 22, 2026 (the "2026 Proxy Statement"). That summary and the above description of the 2026 Plan do not purport to be complete and are qualified in their entirety by reference to the 2026 Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference in this Item 5.02.

**Item 5.07 Submission of Matters to a Vote of Security Holders.**

On June 9, 2026, the Company held its Annual Meeting, at which the stockholders voted on proposals as follows:

**Proposal 1:** Election of five directors, each to serve until the 2027 annual meeting of stockholders and until his successor is duly elected and qualified.

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| | | | |
|:---|:---|:---|:---|
| **Director Nominees** | **Votes For** | **Votes Withheld** | **Broker Non-Votes** |
| &nbsp;&nbsp;Alan Gold | 15158881 | 1718472 | 4992391 |
| &nbsp;&nbsp;Scott Shoemaker | 10281923 | 6595430 | 4992391 |
| &nbsp;&nbsp;Paul Smithers | 16624187 | 253166 | 4992391 |
| &nbsp;&nbsp;David Boyle | 15237646 | 1639707 | 4992391 |
| &nbsp;&nbsp;Bruce Ives | 16550854 | 326499 | 4992391 |

---

**Proposal 2:** Ratification of the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2026.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Votes For** | **Votes Against** | **Votes Against** | **Abstentions** | **Abstentions** | **Broker Non-Votes** | **Broker Non-Votes** |
| 21610111 |  | 179893 |  | 79740 |  | N/A |

---

**Proposal 3:** Approval of the adoption of the 2026 Plan.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Votes For** | **Votes Against** | **Votes Against** | **Abstentions** | **Abstentions** | **Broker Non-Votes** | **Broker Non-Votes** |
| &nbsp;&nbsp;13,306,826 |  | 3466132 |  | 104395 |  | 4992391 |

---

**Proposal 4:** Advisory vote on the compensation of the Company's named executive officers.

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| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Votes For** | **Votes Against** | **Votes Against** | **Abstentions** | **Abstentions** | **Broker Non-Votes** | **Broker Non-Votes** |
| &nbsp;&nbsp;10,666,254 |  | 6025986 |  | 185113 |  | 4992391 |

---

**Proposal 5:** Advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers.

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **One Year** | **Two Years** | **Two Years** | **Three Years** | **Three Years** | **Abstentions** | **Abstentions** | **Broker Non-Votes** | **Broker Non-Votes** |
| &nbsp;&nbsp;16,097,437 |  | 87130 |  | 504627 |  | 188159 |  | 4992391 |

---

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits. The exhibits listed in the Exhibit Index below are being filed herewith.

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| | |
|:---|:---|
| **Exhibit** | **Description of Exhibit** |
| [10.1](https://www.sec.gov/ix?doc=/Archives/edgar/data/1677576/000162828026026588/iipr-20260422.htm#i5cfcb69e4f924143a630959bfaee25c7_471) | [Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan (incorporated herein by reference to Appendix B to the Company's Definitive Proxy Statement on Schedule 14A filed on April 22, 2026).](https://www.sec.gov/ix?doc=/Archives/edgar/data/1677576/000162828026026588/iipr-20260422.htm#i5cfcb69e4f924143a630959bfaee25c7_471) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: June 9, 2026 | INNOVATIVE INDUSTRIAL PROPERTIES, INC. | INNOVATIVE INDUSTRIAL PROPERTIES, INC. |
|  | By: | /s/ David Smith |
|  | Name: | David Smith |
|  | Title: | Chief Financial Officer and Treasurer |

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