{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-038578","form_type":"8-K","ticker":"IIPR","cik":"0001677576","company_name":"INNOVATIVE INDUSTRIAL PROPERTIES INC","filed_at":"2023-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.105075+00:00","generated_at":"2026-06-17T09:19:10.411919+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"David Smith appointed CFO; Catherine Hastings promoted to COO at Innovative Industrial Properties","bullets":["David Smith named CFO and Treasurer effective March 29, 2023; previously CFO at Aventine Property Group.","Catherine Hastings promoted to COO from CFO and Treasurer.","Smith receives $400k base salary and 13,080 RSUs vesting over 3 years.","Severance and change of control agreement entered with Smith, expiring Dec 31, 2025 with auto-renewal."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-038578","json":"https://secwatch.observer/filing/0001104659-23-038578.json","markdown":"https://secwatch.observer/filing/0001104659-23-038578.md","text":"https://secwatch.observer/filing/0001104659-23-038578.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923038578/0001104659-23-038578-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923038578/tm2310946d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T09:19:10.411919+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5ee9c190c1","claim":"David Smith was appointed as Chief Financial Officer and Treasurer at INNOVATIVE INDUSTRIAL PROPERTIES INC.","evidence_excerpt":"On March 29, 2023, David Smith joined Innovative Industrial Properties, Inc. (the “Company”) as Chief Financial Officer and Treasurer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923038578/0001104659-23-038578-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Financial Officer and Treasurer"}],"fact_type":"executive_change"},{"claim_id":"ee49998e0c","claim":"Catherine Hastings changed role as Chief Operating Officer at INNOVATIVE INDUSTRIAL PROPERTIES INC.","evidence_excerpt":"Also effective March 29, 2023, concurrent with Mr. Smith’s appointment, Catherine Hastings was promoted to Chief Operating Officer of the Company, in lieu of her prior position as the Company’s Chief Financial Officer and Treasurer.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1677576/000110465923038578/0001104659-23-038578-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"promoted"},{"label":"Role","value":"Chief Operating Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}