IIPR Director Departs, New Director Appointed
Ticker: IIPR-PA · Form: 8-K · Filed: Jan 6, 2025 · CIK: 1677576
| Field | Detail |
|---|---|
| Company | Innovative Industrial Properties Inc (IIPR-PA) |
| Form Type | 8-K |
| Filed Date | Jan 6, 2025 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation
Related Tickers: IIPR
TL;DR
IIPR board shakeup: Palmer out, Palmer in. Exec comp details released.
AI Summary
Innovative Industrial Properties, Inc. (IIPR) announced on January 2, 2025, the departure of director Robert C. Palmer and the appointment of Catherine L. D. Palmer as a new director. Additionally, the company reported on compensatory arrangements for its named executive officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, while details on executive compensation are crucial for understanding management incentives.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board and executive compensation matters, with no immediate financial or operational risks indicated.
Key Players & Entities
- Innovative Industrial Properties, Inc. (company) — Registrant
- Robert C. Palmer (person) — Departing Director
- Catherine L. D. Palmer (person) — Appointed Director
- January 2, 2025 (date) — Date of earliest event reported
FAQ
Who has departed from the board of directors at Innovative Industrial Properties, Inc.?
Robert C. Palmer has departed from the board of directors.
Who has been appointed as a new director?
Catherine L. D. Palmer has been appointed as a new director.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated January 2, 2025.
What other information is reported in this filing besides director changes?
The filing also reports on compensatory arrangements of certain officers.
What is the state of incorporation for Innovative Industrial Properties, Inc.?
The state of incorporation is Maryland.
Filing Stats: 421 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2025-01-06 16:30:23
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share IIPR New York Stock Excha
Filing Documents
- tm252027d1_8k.htm (8-K) — 28KB
- 0001104659-25-001336.txt ( ) — 243KB
- iipr-20250102.xsd (EX-101.SCH) — 3KB
- iipr-20250102_def.xml (EX-101.DEF) — 26KB
- iipr-20250102_lab.xml (EX-101.LAB) — 36KB
- iipr-20250102_pre.xml (EX-101.PRE) — 25KB
- tm252027d1_8k_htm.xml (XML) — 5KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 2, 2025, Brian Wolfe, the Vice President, General Counsel and Secretary of Innovative Industrial Properties, Inc. (the "Company"), notified the Company of his intention to resign as an employee and officer of the Company effective January 9, 2025.
SIGNATURES
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. Date: January 6, 2025 INNOVATIVE INDUSTRIAL PROPERTIES, INC. By: /s/ David Smith Name: David Smith Title: Chief Financial Officer