X0609 4 2026-10-08 0001677576 INNOVATIVE INDUSTRIAL PROPERTIES INC IIPR 0001298786 Gold Alan D false C/O INNOVATIVE INDUSTRIAL PROPERTIES 11440 WEST BERNARDO COURT, SUITE 100 SAN DIEGO CA 92127 true true false false EXECUTIVE CHAIRMAN false 9.25% Series B Cumulative Redeemable Preferred Stock 2026-10-08 4 P false 40000 25.00 A 40000 D Represents shares purchased by the reporting person in connection with Innovative Industrial Properties, Inc.'s public offering of Series B Preferred Stock at the offering price pursuant to a registration statement on Form S-3 under the Securities Act of 1933, as amended. /s/ Alan D. Gold 2026-10-13