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Innovative Industrial Properties, Inc. 2025-2026 Proxy Voting Records

Compiled from SEC Form N-PX filings and Innovative Industrial Properties, Inc.’s Form 8-K, filed 2026-06-09 (Item 5.07 on EDGAR). Page generated 02 October 2026.

11Reported items
336Asset managers
3,011Fund votes
2026-06-09Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore Innovative Industrial Properties, Inc. in the interactive database Compare manager voting policies

Official 2025-2026 meeting results reported by Innovative Industrial Properties, Inc.

These tallies are Innovative Industrial Properties, Inc.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2026-06-09 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

Innovative Industrial Properties, Inc. — official shareholder meeting results, meeting held 2026-06-09
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Alan Gold	15,158,881	--	--	1,718,472	4,992,391	Majority: yes
Elect Director: Scott Shoemaker	10,281,923	--	--	6,595,430	4,992,391	Majority: yes
Elect Director: Paul Smithers	16,624,187	--	--	253,166	4,992,391	Majority: yes
Elect Director: David Boyle	15,237,646	--	--	1,639,707	4,992,391	Majority: yes
Elect Director: Bruce Ives	16,550,854	--	--	326,499	4,992,391	Majority: yes
Proposal 2: Ratification of the appointment of BDO USA, P.C	21,610,111	179,893	79,740	--	--	Majority: yes
Proposal 3: Approval of the adoption of the 2026 Plan.	13,306,826	3,466,132	104,395	--	4,992,391	Majority: yes
Proposal 4: Advisory vote on the compensation of the Company's named executive officers.	10,666,254	6,025,986	185,113	--	4,992,391	Majority: yes

Source: Innovative Industrial Properties, Inc., Form 8-K, filed with the SEC on 2026-06-09 — read the filing on EDGAR.

How asset managers voted at the Innovative Industrial Properties, Inc. 2025-2026 meeting

Each item below shows how the 336 asset managers that disclosed a Innovative Industrial Properties, Inc. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Innovative Industrial Properties, Inc.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval on a non-binding advisory basis of the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 10 wordings of this item as funds reported it.

64% Majority: yes · of votes cast

FOR 64%AGAINST 36%

FOR: 10,666,254AGAINST: 6,025,986

Innovative Industrial Properties, Inc.’s own tally for this item (“Proposal 4: Advisory vote on the compensation of the Company's named executive officers.”): 10,666,254 for, 6,025,986 against, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 37% for, 21% against (58% of the company cast a for/against vote).

The 336 asset managers below cast 59% of the shares they voted on this item FOR (9,747,413 for, 6,678,374 against).

FOR 59%AGAINST 41%

FOR: 9,747,413 (59.3%)AGAINST: 6,678,374 (40.7%)ABSTAIN: 148 (0.0%)NOT VOTED: 60 (0.0%)UNKNOWN: 23 (0.0%)

Largest asset managers voting on “Approval on a non-binding advisory basis of the compensation of the Company's named executive officers.” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Against	Abstain	Vote
Vanguard	4,244,986	47,896	3	For
BlackRock	3,939,749	22,237	0	For
Charles Schwab	0	1,124,303	0	Against
State Street	1,112,648	10,710	0	For
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0	354,101	0	Against
Global X	0	325,423	0	Against
Point72	0	306,366	0	Against
Thrivent	0	285,169	0	Against
Northern Trust	0	281,640	0	Against
Invesco	0	281,141	0	Against
BESSEMER INVESTMENT MANAGEMENT LLC	0	221,938	0	Against
PRINCIPAL GLOBAL INVESTORS	0	184,765	0	Against
Victory Capital	0	170,182	0	Against
Pacer Funds Trust	0	129,951	0	Against
World Funds Trust	0	120,424	0	Against
MELLON INVESTMENTS Corp	0	114,540	0	Against
OLD WESTBURY FUNDS INC	0	110,969	0	Against
First Trust	162	102,088	0	Against
GEODE CAPITAL MANAGEMENT, LLC	0	98,121	0	Against
T. Rowe Price	0	85,757	0	Against
Legal & General Investment Management Ltd	0	77,321	0	Against
DE Shaw	0	73,540	0	Against
ETF Series Solutions	32,158	36,610	0	Against
JPMorgan	0	66,760	0	Against
Nuveen	0	65,878	0	Against

Showing the 25 largest of 336 asset managers. See all 336 in the interactive database.

2. Approval, by non-binding advisory vote, on the frequency of executive compensation votes.

SECTION 14A SAY-ON-PAY VOTES

Combines 5 wordings of this item as funds reported it.

51.0% fund support · no official result

ONE YEAR 59%1 YEAR 40%

The 325 asset managers below cast 51.0% of the shares they voted on this item FOR (33,915 for, 32,553 against).

FOR: 33,915 (0.2%)AGAINST: 32,553 (0.2%)ABSTAIN: 3 (0.0%)ONE YEAR: 9,595,286 (58.8%)1 YEAR: 6,574,177 (40.3%)3 YEARS: 59,289 (0.4%)THREE YEARS: 20,614 (0.1%)1-YEAR: 8,259 (0.1%)NOT VOTED: 3,657 (0.0%)TWO YEARS: 400 (0.0%)2 YEARS: 170 (0.0%)1.0: 126 (0.0%)1: 23 (0.0%)3.0: 6 (0.0%)

Largest asset managers voting on “Approval, by non-binding advisory vote, on the frequency of executive compensation votes.” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	Abstain	Vote
Vanguard	3	One Year
BlackRock	0	1 Year
Charles Schwab	0	1 Year
State Street	0	One Year
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0	One Year
Global X	0	1 Year
Point72	0	One Year
Thrivent	0	One Year
Northern Trust	0	1 Year
Invesco	0	One Year
BESSEMER INVESTMENT MANAGEMENT LLC	0	One Year
PRINCIPAL GLOBAL INVESTORS	0	One Year
Victory Capital	0	One Year
Pacer Funds Trust	0	1 Year
World Funds Trust	0	1 Year
MELLON INVESTMENTS Corp	0	One Year
OLD WESTBURY FUNDS INC	0	One Year
First Trust	0	One Year
GEODE CAPITAL MANAGEMENT, LLC	0	One Year
T. Rowe Price	0	One Year
Legal & General Investment Management Ltd	0	One Year
DE Shaw	0	One Year
ETF Series Solutions	0	1 Year
JPMorgan	0	One Year
Nuveen	0	One Year

Showing the 25 largest of 325 asset managers. See all 325 in the interactive database.

3. Approval of the adoption of the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan.

SHAREHOLDER RIGHTS AND DEFENSESMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

79% Majority: yes · of votes cast

FOR 79%AGAINST 21%

FOR: 13,306,826AGAINST: 3,466,132

Innovative Industrial Properties, Inc.’s own tally for this item (“Proposal 3: Approval of the adoption of the 2026 Plan.”): 13,306,826 for, 3,466,132 against, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 46.2% for, 12% against (58% of the company cast a for/against vote).

The 79 asset managers below cast 92% of the shares they voted on this item FOR (9,378,462 for, 846,253 against).

FOR 92%8%

FOR: 9,378,462 (91.7%)AGAINST: 846,253 (8.3%)

Largest asset managers voting on “Approval of the adoption of the Innovative Industrial Properties, Inc. 2026 Omnibus Incentive Plan.” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	4,002,359	41,835	For
BlackRock	3,106,392	0	For
Charles Schwab	548,884	0	For
State Street	342,842	309	For
Global X	280,033	0	For
Invesco	239,619	0	For
Thrivent	0	137,530	Against
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	0	110,969	Against
First Trust	0	101,536	Against
Victory Capital	0	84,515	Against
ETF Series Solutions	32,158	36,610	Against
JPMorgan	66,760	0	For
TIAA	0	63,962	Against
Equitable	59,831	0	For
Northern Trust	52,536	0	For
Columbia Threadneedle	50,503	0	For
Principal Exchange-Traded Funds	0	48,568	Against
Bridge Builder Trust	48,347	0	For
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	45,312	0	For
Lincoln Financial	18,700	17,771	For
Principal	0	23,428	Against

Showing the 25 largest of 79 asset managers. See all 79 in the interactive database.

4. Election of directors, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Alan Gold

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 15,158,881WITHHELD: 1,718,472

Innovative Industrial Properties, Inc.’s own tally for this item (“Elect Director: Alan Gold”): 15,158,881 for, 1,718,472 withheld, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 52.7% for, 6% withheld (59% of the company cast a for/withheld vote).

The 78 asset managers below cast 100% of the shares they voted on this item FOR (9,335,945 for, 0 against).

FOR 91%9%

FOR: 9,335,945 (90.7%)ABSTAIN: 952,656 (9.3%)

Largest asset managers voting on “Election of directors, each to serve until the next annual meeting of stockholders and until their successors ” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	4,040,787	3,410	For
BlackRock	3,106,392	0	For
Charles Schwab	0	548,884	Abstain
State Street	343,047	104	For
Global X	0	280,033	Abstain
Invesco	239,619	0	For
Thrivent	137,530	0	For
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	110,969	0	For
First Trust	101,536	0	For
Victory Capital	84,515	0	For
ETF Series Solutions	68,768	0	For
JPMorgan	66,760	0	For
TIAA	63,962	0	For
Equitable	59,831	0	For
Lincoln Financial	56,542	0	For
Northern Trust	52,536	0	For
Empower	51,946	0	For
Columbia Threadneedle	50,503	0	For
Principal Exchange-Traded Funds	48,568	0	For
Bridge Builder Trust	12,747	35,600	Abstain
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	45,312	0	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

5. Election of directors, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Bruce Ives

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 16,550,854WITHHELD: 326,499

Innovative Industrial Properties, Inc.’s own tally for this item (“Elect Director: Bruce Ives”): 16,550,854 for, 326,499 withheld, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 58% for, 1% withheld (59% of the company cast a for/withheld vote).

The 78 asset managers below cast 100% of the shares they voted on this item FOR (10,240,440 for, 0 against).

FOR 99.5%

FOR: 10,240,440 (99.5%)ABSTAIN: 48,161 (0.5%)

Largest asset managers voting on “Election of directors, each to serve until the next annual meeting of stockholders and until their successors ” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	4,044,193	3	For
BlackRock	3,106,392	0	For
Charles Schwab	548,884	0	For
State Street	343,151	0	For
Global X	280,033	0	For
Invesco	239,619	0	For
Thrivent	137,530	0	For
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	110,969	0	For
First Trust	101,536	0	For
Victory Capital	84,515	0	For
ETF Series Solutions	68,768	0	For
JPMorgan	66,760	0	For
TIAA	63,962	0	For
Equitable	59,831	0	For
Lincoln Financial	36,471	20,071	For
Northern Trust	52,536	0	For
Empower	51,946	0	For
Columbia Threadneedle	50,503	0	For
Principal Exchange-Traded Funds	48,568	0	For
Bridge Builder Trust	48,347	0	For
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	45,312	0	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

6. Election of directors, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: David Boyle

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

90% Majority: yes · of votes cast

FOR 90%10%

FOR: 15,237,646WITHHELD: 1,639,707

Innovative Industrial Properties, Inc.’s own tally for this item (“Elect Director: David Boyle”): 15,237,646 for, 1,639,707 withheld, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 53.0% for, 6% withheld (59% of the company cast a for/withheld vote).

The 78 asset managers below cast 100% of the shares they voted on this item FOR (9,783,340 for, 0 against).

FOR 95%

FOR: 9,783,340 (95.1%)ABSTAIN: 505,262 (4.9%)

Largest asset managers voting on “Election of directors, each to serve until the next annual meeting of stockholders and until their successors ” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	4,040,789	3,408	For
BlackRock	3,106,392	0	For
Charles Schwab	548,884	0	For
State Street	343,151	0	For
Global X	0	280,033	Abstain
Invesco	239,619	0	For
Thrivent	137,530	0	For
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	110,969	0	For
First Trust	101,536	0	For
Victory Capital	84,515	0	For
ETF Series Solutions	68,768	0	For
JPMorgan	66,760	0	For
TIAA	0	63,962	Abstain
Equitable	39,737	20,094	For
Lincoln Financial	36,471	20,071	For
Northern Trust	52,536	0	For
Empower	51,946	0	For
Columbia Threadneedle	50,503	0	For
Principal Exchange-Traded Funds	48,568	0	For
Bridge Builder Trust	12,747	35,600	Abstain
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	45,312	0	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

7. Election of directors, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Paul Smithers

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 16,624,187WITHHELD: 253,166

Innovative Industrial Properties, Inc.’s own tally for this item (“Elect Director: Paul Smithers”): 16,624,187 for, 253,166 withheld, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 58% for, 0.9% withheld (59% of the company cast a for/withheld vote).

The 78 asset managers below cast 100% of the shares they voted on this item FOR (10,277,974 for, 0 against).

FOR 99.8%

FOR: 10,277,974 (99.9%)ABSTAIN: 10,627 (0.1%)

Largest asset managers voting on “Election of directors, each to serve until the next annual meeting of stockholders and until their successors ” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	4,044,193	3	For
BlackRock	3,106,392	0	For
Charles Schwab	548,884	0	For
State Street	343,138	13	For
Global X	280,033	0	For
Invesco	239,619	0	For
Thrivent	137,530	0	For
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	110,969	0	For
First Trust	101,536	0	For
Victory Capital	84,515	0	For
ETF Series Solutions	68,768	0	For
JPMorgan	66,760	0	For
TIAA	63,962	0	For
Equitable	59,831	0	For
Lincoln Financial	56,542	0	For
Northern Trust	52,536	0	For
Empower	51,946	0	For
Columbia Threadneedle	50,503	0	For
Principal Exchange-Traded Funds	48,568	0	For
Bridge Builder Trust	48,347	0	For
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	45,312	0	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

8. Election of directors, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified: Scott Shoemaker

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

61% Majority: yes · of votes cast

FOR 61%WITHHELD 39%

FOR: 10,281,923WITHHELD: 6,595,430

Innovative Industrial Properties, Inc.’s own tally for this item (“Elect Director: Scott Shoemaker”): 10,281,923 for, 6,595,430 withheld, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 36% for, 23% withheld (59% of the company cast a for/withheld vote).

The 78 asset managers below cast 100% of the shares they voted on this item FOR (5,949,940 for, 0 against).

FOR 58%ABSTAIN 42%

FOR: 5,949,940 (57.8%)ABSTAIN: 4,338,662 (42.2%)

Largest asset managers voting on “Election of directors, each to serve until the next annual meeting of stockholders and until their successors ” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Abstain	Vote
Vanguard	4,040,776	3,421	For
BlackRock	0	3,106,392	Abstain
Charles Schwab	0	548,884	Abstain
State Street	343,151	0	For
Global X	0	280,033	Abstain
Invesco	239,619	0	For
Thrivent	137,530	0	For
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	110,969	0	For
First Trust	101,536	0	For
Victory Capital	84,515	0	For
ETF Series Solutions	68,768	0	For
JPMorgan	66,760	0	For
TIAA	0	63,962	Abstain
Equitable	0	59,831	Abstain
Lincoln Financial	36,471	20,071	For
Northern Trust	52,536	0	For
Empower	51,946	0	For
Columbia Threadneedle	0	50,503	Abstain
Principal Exchange-Traded Funds	48,568	0	For
Bridge Builder Trust	0	48,347	Abstain
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	0	45,312	Abstain

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

9. Ratification of the appointment of BDO USA, P.C. as the Company's independent registered public accounting firm for the year ending December 31, 2026.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 2 wordings of this item as funds reported it.

99.1% Majority: yes · of votes cast

FOR 99.1%

FOR: 21,610,111AGAINST: 179,893

Innovative Industrial Properties, Inc.’s own tally for this item (“Proposal 2: Ratification of the appointment of BDO USA, P.C”): 21,610,111 for, 179,893 against, per its Form 8-K filed 2026-06-09 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 28,774,470 outstanding shares: 75% for, 0.7% against (76% of the company cast a for/against vote).

The 78 asset managers below cast 99.9% of the shares they voted on this item FOR (10,288,584 for, 18 against).

FOR 99.9%

FOR: 10,288,584 (100.0%)AGAINST: 18 (0.0%)

Largest asset managers voting on “Ratification of the appointment of BDO USA, P.C. as the Company's independent registered public accounting fir” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Against	Vote
Vanguard	4,044,196	0	For
BlackRock	3,106,392	0	For
Charles Schwab	548,884	0	For
State Street	343,133	18	For
Global X	280,033	0	For
Invesco	239,619	0	For
Thrivent	137,530	0	For
Pacer Funds Trust	129,951	0	For
World Funds Trust	120,424	0	For
OLD WESTBURY FUNDS INC	110,969	0	For
First Trust	101,536	0	For
Victory Capital	84,515	0	For
ETF Series Solutions	68,768	0	For
JPMorgan	66,760	0	For
TIAA	63,962	0	For
Equitable	59,831	0	For
Lincoln Financial	56,542	0	For
Northern Trust	52,536	0	For
Empower	51,946	0	For
Columbia Threadneedle	50,503	0	For
Principal Exchange-Traded Funds	48,568	0	For
Bridge Builder Trust	48,347	0	For
Jackson National	47,026	0	For
Amplify ETF Trust	45,744	0	For
QUANTITATIVE MASTER SERIES LLC	45,312	0	For

Showing the 25 largest of 78 asset managers. See all 78 in the interactive database.

10. Advisory Vote on Say on Pay Frequency

SECTION 14A SAY-ON-PAY VOTES

— fund support · no official result

ONE YEAR 100%

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

ONE YEAR: 72,704 (100.0%)

Largest asset managers voting on “Advisory Vote on Say on Pay Frequency” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	For	Against	Abstain	Withheld	Vote
Empower	0	0	0	0	One Year
Lincoln Financial	0	0	0	0	One Year
CLEARWATER INVESTMENT TRUST	0	0	0	0	One Year
Wilshire Advisors LLC	0	0	0	0	One Year
TD Waterhouse Canada Inc.	0	0	0	0	One Year

11. Approve Omnibus Stock Plan

COMPENSATION

0% fund support · no official result

AGAINST 100%

The 3 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 72,417 against).

AGAINST: 72,417 (100.0%)

Largest asset managers voting on “Approve Omnibus Stock Plan” at Innovative Industrial Properties, Inc., 2025-2026
Asset manager	Against	Vote
Empower	51,946	Against
Lincoln Financial	20,071	Against
CLEARWATER INVESTMENT TRUST	400	Against

Largest Innovative Industrial Properties, Inc. shareholders voting in 2025-2026

Ranked by the number of Innovative Industrial Properties, Inc. shares each manager voted on the most widely held ballot item of the 2025-2026 meeting, shown as a share of the 28,774,470 shares outstanding at the time of that meeting.

Top Innovative Industrial Properties, Inc. shareholders by shares voted, 2025-2026
#	Asset manager	% of shares outstanding
1	Vanguard	14.92%
2	BlackRock	13.77%
3	Charles Schwab	3.91%
4	State Street	3.90%
5	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	1.23%
6	Global X	1.13%
7	Point72	1.06%
8	Thrivent	0.99%
9	Northern Trust	0.98%
10	Invesco	0.98%

Reported Innovative Industrial Properties, Inc. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

Innovative Industrial Properties, Inc. beneficial owners on record for the 2025-2026 proxy season
Holder	% outstanding	Disclosure
BlackRock	16.62%	13F
Vanguard Group	14.84%	13F
Vanguard Portfolio Management	9.95%	13G
State Street Corporation	6.23%	DEF14A
Charles Schwab	1.99%	13F
Goldman Sachs	1.88%	13F
Invesco	1.72%	13F
Point72	1.62%	13F
Alan Gold	1.35%	DEF14A
Northern Trust	1.32%	13F

Percentages above are of 28,774,470 shares outstanding, as reported by Innovative Industrial Properties, Inc. on its Form 10-Q dated 2026-05-05 (see the filing on EDGAR). This is the count contemporaneous with the 2025-2026 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from Innovative Industrial Properties, Inc.’s 10-Q dated 2026-05-05. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At Innovative Industrial Properties, Inc.'s shareholder meeting held 2026-06-09, in the 2025-2026 proxy season, 336 asset managers reported how they voted in their SEC Form N-PX filings, covering 3,011 separate fund positions. Their filings are grouped here into 11 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Approval on a non-binding advisory basis of the compensation of the Company's named executive… — FOR was 64% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: Innovative Industrial Properties, Inc.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2026-06-09.

Innovative Industrial Properties, Inc. proxy season coverage: 2023-2024 · 2024-2025 · 2025-2026 (this page).