IIPR stockholders approve 2026 incentive plan (1.25M shares), re-elect directors, pass say-on-pay frequency of 1 year

INNOVATIVE INDUSTRIAL PROPERTIES INC

Stockholders approved the 2026 Omnibus Incentive Plan, authorizing 1,250,000 new shares of common stock for issuance.
All five director nominees (Gold, Shoemaker, Smithers, Boyle, Ives) were elected; Shoemaker had lowest support (10.3M for, 6.6M withheld).
Ratification of BDO USA as independent auditor for 2026 passed with 21.6M for, 179k against.
Advisory say-on-pay passed with 10.7M for, 6.0M against (64% support); frequency set at one year with 16.1M votes.
The 2026 Plan replaces the 2016 Plan, which is terminated except for outstanding awards.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.8

INNOVATIVE INDUSTRIAL PROPERTIES INC shareholders approved Adoption of the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan at the 2026-06-09 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2026-06-09

Exact text from the filing

the stockholders approved the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan (the "2026 Plan"), which replaces the previously existing Innovative Industrial Properties, Inc. 2016 Omnibus Incentive Plan (the "Prior Plan")

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1639 shareholder votes filed in the last 30 days. Browse all shareholder votes →

INNOVATIVE INDUSTRIAL PROPERTIES INC filing history →

Source: SEC EDGAR

accession 0001104659-26-071876

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