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$IIPR

$57.27 -$0.05 (0.09%)

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Insider Transactions

Insider Transaction Summary

Vora Capital Management, LLC HG

528,600 shares

Net: 0 B/S: -

Paul E. Smithers

150,577 shares

Net: +42,144 B/S: ∞

Alan D Gold

66,702 shares

Net: +71,302 B/S: ∞

Gary A Kreitzer

63,109 shares

Net: +7,116 B/S: ∞

David Jon Smith

23,582 shares

Net: +23,582 B/S: ∞

Robert M. Sistek

21,432 shares

Net: 0 B/S: -

Andy Bui

16,186 shares

Net: +5,318 B/S: ∞

CATHERINE HASTINGS

9,021 shares

Net: 0 B/S: -

Brian J. Wolfe

8,357 shares

Net: 0 B/S: -

David Gerard Boyle

2,951 shares

Net: +2,796 B/S: ∞

Scott Shoemaker

2,611 shares

Net: +3,707 B/S: ∞

Gary Malino

1,802 shares

Net: 0 B/S: -

Mary A Curran

1,416 shares

Net: 0 B/S: -

David Stecher

1,346 shares

Net: 0 B/S: -

Insider Name	Current Shares	Net Change (1yr)	Buy/Sell Ratio
Vora Capital Management, LLC HG	528,600	0	-
Paul E. Smithers	150,577	+42,144	∞
Alan D Gold	66,702	+71,302	∞
Gary A Kreitzer	63,109	+7,116	∞
David Jon Smith	23,582	+23,582	∞
Robert M. Sistek	21,432	0	-
Andy Bui	16,186	+5,318	∞
CATHERINE HASTINGS	9,021	0	-
Brian J. Wolfe	8,357	0	-
David Gerard Boyle	2,951	+2,796	∞
Scott Shoemaker	2,611	+3,707	∞
Gary Malino	1,802	0	-
Mary A Curran	1,416	0	-
David Stecher	1,346	0	-

Individual Transactions

January 20, 2026

Andy Bui

Grant/Award Acquisition

Change: +6,522

Price: $0.00

Shares: 16,186

Value: +$0

David Jon Smith

Grant/Award Acquisition

Change: +20,061

Price: $0.00

Shares: 23,582

Value: +$0

Paul E. Smithers

Grant/Award Acquisition

Change: +47,643

Price: $0.00

Shares: 150,577

Value: +$0

Alan D Gold

Grant/Award Acquisition

Change: +66,702

Price: $0.00

Shares: 66,702

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Andy Bui	Jan 21	Grant/Award Acquisition (A) Compensation/Award	16,186	+6,522	$0.00	+$0
David Jon Smith	Jan 21	Grant/Award Acquisition (A) Compensation/Award	23,582	+20,061	$0.00	+$0
Paul E. Smithers	Jan 21	Grant/Award Acquisition (A) Compensation/Award	150,577	+47,643	$0.00	+$0
Alan D Gold	Jan 21	Grant/Award Acquisition (A) Compensation/Award	66,702	+66,702	$0.00	+$0

January 02, 2026

Paul E. Smithers

Tax Payment

Change: -5,169

Price: $49.47

Shares: 102,934

Value: -$255,710

Paul E. Smithers

Option Exercise/Conversion

Change: +10,653

Price: $0.00

Shares: 108,103

Value: +$0

Scott Shoemaker

Option Exercise/Conversion

Change: +911

Price: $0.00

Shares: 2,611

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Paul E. Smithers	Jan 06	Tax Payment (F) Tax Payment	102,934	-5,169	$49.47	-$255,710
Paul E. Smithers	Jan 06	Option Exercise/Conversion (M) Compensation/Award	108,103	+10,653	$0.00	+$0
Scott Shoemaker	Feb 03	Option Exercise/Conversion (M) Compensation/Award	2,611	+911	$0.00	+$0

January 01, 2026

Andy Bui

Tax Payment

Change: -1,204

Price: $47.36

Shares: 9,664

Value: -$57,021

David Jon Smith

Tax Payment

Change: -1,634

Price: $47.36

Shares: 3,521

Value: -$77,386

Paul E. Smithers

Tax Payment

Change: -10,983

Price: $47.36

Shares: 97,450

Value: -$520,154

David Jon Smith

Option Exercise/Conversion

Change: +4,555

Price: $0.00

Shares: 5,155

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Andy Bui	Jan 05	Tax Payment (F) Tax Payment	9,664	-1,204	$47.36	-$57,021
David Jon Smith	Jan 05	Tax Payment (F) Tax Payment	3,521	-1,634	$47.36	-$77,386
Paul E. Smithers	Jan 05	Tax Payment (F) Tax Payment	97,450	-10,983	$47.36	-$520,154
David Jon Smith	Jan 05	Option Exercise/Conversion (M) Compensation/Award	5,155	+4,555	$0.00	+$0

November 24, 2025

Alan D Gold

Open Market Purchase

Change: +2,600

Price: $49.09

Shares: 2,600

Value: +$127,634

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Alan D Gold	Nov 25	Open Market Purchase (P) Market Purchase	2,600	+2,600	$49.09	+$127,634

November 20, 2025

David Jon Smith

Open Market Purchase

Change: +600

Price: $45.90

Shares: 600

Value: +$27,540

Alan D Gold

Open Market Purchase

Change: +1,000

Price: $45.70

Shares: 58,500

Value: +$45,695

Insider	Filing Date	Transaction	Shares	Change	Price	Value
David Jon Smith	Nov 20	Open Market Purchase (P) Market Purchase	600	+600	$45.90	+$27,540
Alan D Gold	Nov 20	Open Market Purchase (P) Market Purchase	58,500	+1,000	$45.70	+$45,695

November 19, 2025

Alan D Gold

Open Market Purchase

Change: +1,000

Price: $46.26

Shares: 57,500

Value: +$46,260

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Alan D Gold	Nov 20	Open Market Purchase (P) Market Purchase	57,500	+1,000	$46.26	+$46,260

October 15, 2025

Gary A Kreitzer

Grant/Award Acquisition

Change: +1,839

Price: $55.28

Shares: 63,109

Value: +$101,659

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Gary A Kreitzer	Dec 30	Grant/Award Acquisition (A) Compensation/Award	63,109	+1,839	$55.28	+$101,659

July 15, 2025

Gary A Kreitzer

Grant/Award Acquisition

Change: +1,782

Price: $55.15

Shares: 61,270

Value: +$98,277

Insider	Filing Date	Transaction	Shares	Change	Price	Value
Gary A Kreitzer	Dec 30	Grant/Award Acquisition (A) Compensation/Award	61,270	+1,782	$55.15	+$98,277

June 11, 2025

David Gerard Boyle

Grant/Award Acquisition

Change: +2,796

Price: $0.00

Shares: 2,951

Value: +$0

Scott Shoemaker

Grant/Award Acquisition

Change: +2,796

Price: $0.00

Shares: 2,796

Value: +$0

Gary A Kreitzer

Grant/Award Acquisition

Change: +3,495

Price: $0.00

Shares: 47,453

Value: +$0

Insider	Filing Date	Transaction	Shares	Change	Price	Value
David Gerard Boyle	Jun 13	Grant/Award Acquisition (A) Compensation/Award	2,951	+2,796	$0.00	+$0
Scott Shoemaker	Jun 13	Grant/Award Acquisition (A) Compensation/Award	2,796	+2,796	$0.00	+$0
Gary A Kreitzer	Jun 13	Grant/Award Acquisition (A) Compensation/Award	47,453	+3,495	$0.00	+$0