{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-024499","form_type":"8-K","ticker":"IIPR","cik":"0001677576","company_name":"INNOVATIVE INDUSTRIAL PROPERTIES INC","filed_at":"2025-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.409634+00:00","generated_at":"2026-05-24T15:51:41.713169+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"IIPR board authorizes $100 million common stock repurchase program","bullets":["Board approved repurchase of up to $100M of common stock; expires March 17, 2026.","Repurchases may be made via open market, block trades, or private transactions under Rule 10b-18.","Funding from existing cash and proceeds from Series A preferred ATM offering.","Company may adopt a 10b5-1 plan to repurchase during blackout periods.","Program may be suspended, modified, or discontinued at any time at IIPR's discretion."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-024499","json":"https://secwatch.observer/filing/0001104659-25-024499.json","markdown":"https://secwatch.observer/filing/0001104659-25-024499.md","text":"https://secwatch.observer/filing/0001104659-25-024499.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1677576/000110465925024499/0001104659-25-024499-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1677576/000110465925024499/tm259544d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T15:51:41.713169+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}