secwatch.observer — SEC 8-K summary
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Issuer:     INNOVATIVE INDUSTRIAL PROPERTIES INC (IIPR)
CIK:        0001677576
Form:       8-K
Filed at:   2023-03-30T23:59:59+00:00
Accession:  0001104659-23-038578
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

David Smith appointed CFO; Catherine Hastings promoted to COO at Innovative Industrial Properties
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1677576/000110465923038578/0001104659-23-038578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1677576/000110465923038578/tm2310946d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-038578

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer