Real Estate

INNOVATIVE INDUSTRIAL PROPERTIES INC CEO pay

Paul Smithers, President and Chief Executive Officer. Fiscal year 2025, as reported to the SEC.

Total compensation

$4.7M

$4,722,417 for fiscal 2025: the Summary Compensation Table total, with stock and option awards at their grant-date value.

Definitive proxy statement, filed 2026-04-22SEC accession number 0001628280-26-026588

In context

The median chief executive among 6 Real Estate companies with $100M – $500M in revenue was paid $3.9M. The middle half ranged from $1.8M to $5.9M.

Paul Smithers's total is above that median.

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Source: INNOVATIVE INDUSTRIAL PROPERTIES INC's definitive proxy statement (SEC Form DEF 14A), Summary Compensation Table, fiscal year 2025. Figures are as reported by the company and are not adjusted or estimated. Context figures are from CEOSalary's snapshot of SEC filings as of 2026-10-28. Not financial, legal or compensation-consulting advice.