Timothy P.  Herbert net worth and biography

Timothy Herbert Biography and Net Worth

Timothy P. Herbert, our founder, has served as our Chief Executive Officer and President and as a member of our Board since November 2007. Prior to joining us, Mr. Herbert spent 11 years at Medtronic plc, a medical equipment development company, where he held management positions in product development, clinical research, sales, marketing, and healthcare reimbursement. Mr. Herbert holds a B.S. in electrical engineering from North Dakota State University and an M.B.A. from the University of St. Thomas. We believe Mr. Herbert's experience in the industry, his role as our Chief Executive Officer and President and his knowledge of the Company enable him to make valuable contributions to our Board.

What is Timothy P. Herbert's net worth?

The estimated net worth of Timothy P. Herbert is at least $11.86 million as of April 1st, 2024. Mr. Herbert owns 63,658 shares of Inspire Medical Systems stock worth more than $11,858,849 as of December 25th. This net worth estimate does not reflect any other assets that Mr. Herbert may own. Additionally, Mr. Herbert receives an annual salary of $1,360,000.00 as CEO at Inspire Medical Systems. Learn More about Timothy P. Herbert's net worth.

How old is Timothy P. Herbert?

Mr. Herbert is currently 61 years old. There are 7 older executives and no younger executives at Inspire Medical Systems. Learn More on Timothy P. Herbert's age.

What is Timothy P. Herbert's salary?

As the CEO of Inspire Medical Systems, Inc., Mr. Herbert earns $1,360,000.00 per year. Learn More on Timothy P. Herbert's salary.

How do I contact Timothy P. Herbert?

The corporate mailing address for Mr. Herbert and other Inspire Medical Systems executives is 5500 WAYZATA BLVD SUITE 1600, GOLDEN VALLEY MN, 55416. Inspire Medical Systems can also be reached via phone at (844) 672-4357 and via email at [email protected]. Learn More on Timothy P. Herbert's contact information.

Has Timothy P. Herbert been buying or selling shares of Inspire Medical Systems?

Timothy P. Herbert has not been actively trading shares of Inspire Medical Systems over the course of the past ninety days. Most recently, Timothy P. Herbert sold 40,000 shares of the business's stock in a transaction on Monday, April 1st. The shares were sold at an average price of $205.09, for a transaction totalling $8,203,600.00. Following the completion of the sale, the chief executive officer now directly owns 63,658 shares of the company's stock, valued at $13,055,619.22. Learn More on Timothy P. Herbert's trading history.

Who are Inspire Medical Systems' active insiders?

Inspire Medical Systems' insider roster includes Randy Ban (Insider), Richard Buchholz (CFO), Philip Ebeling (COO), Jerry Griffin (Director), Timothy Herbert (CEO), Steven Jandrich (VP), Chau Khuong (Director), Georgia Melenikiotou (Director), Marilyn Nelson (Director), John Rondoni (CTO), and Casey Tansey (Director). Learn More on Inspire Medical Systems' active insiders.

Are insiders buying or selling shares of Inspire Medical Systems?

In the last year, insiders at the sold shares 12 times. They sold a total of 82,063 shares worth more than $16,763,484.79. The most recent insider tranaction occured on September, 9th when Director Shawn Mccormick sold 800 shares worth more than $176,000.00. Insiders at Inspire Medical Systems own 4.1% of the company. Learn More about insider trades at Inspire Medical Systems.

Information on this page was last updated on 9/9/2024.

Timothy P. Herbert Insider Trading History at Inspire Medical Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/1/2024Sell40,000$205.09$8,203,600.0063,658View SEC Filing Icon  
2/13/2023Sell2,619$275.05$720,355.959,728View SEC Filing Icon  
2/8/2023Sell3,500$275.00$962,500.0019,375View SEC Filing Icon  
3/28/2022Sell1,546$250.00$386,500.00View SEC Filing Icon  
3/25/2022Sell695$250.00$173,750.00View SEC Filing Icon  
3/17/2022Sell20,000$225.40$4,508,000.00View SEC Filing Icon  
11/5/2020Sell80,000$163.74$13,099,200.0065,845View SEC Filing Icon  
8/6/2020Sell80,000$105.66$8,452,800.00View SEC Filing Icon  
1/13/2020Sell9,832$80.10$787,543.20View SEC Filing Icon  
10/22/2019Sell25,000$58.61$1,465,250.00
9/24/2019Sell5,000$66.14$330,700.00
9/6/2019Sell10,000$70.00$700,000.00
9/3/2019Sell10,000$67.19$671,900.00View SEC Filing Icon  
8/27/2019Sell15,000$65.96$989,400.00View SEC Filing Icon  
8/1/2019Sell10,000$68.02$680,200.00View SEC Filing Icon  
7/23/2019Sell15,000$66.95$1,004,250.00View SEC Filing Icon  
7/3/2019Sell10,000$65.00$650,000.00View SEC Filing Icon  
6/25/2019Sell25,000$58.71$1,467,750.00View SEC Filing Icon  
5/28/2019Sell25,000$52.55$1,313,750.00View SEC Filing Icon  
4/16/2019Sell15,000$54.97$824,550.00View SEC Filing Icon  
3/19/2019Sell15,000$56.47$847,050.00View SEC Filing Icon  
1/15/2019Sell15,000$48.70$730,500.00View SEC Filing Icon  
12/18/2018Sell15,000$42.88$643,200.00View SEC Filing Icon  
11/20/2018Sell15,000$39.89$598,350.00View SEC Filing Icon  
5/7/2018Buy350$16.00$5,600.00View SEC Filing Icon  
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Timothy P. Herbert Buying and Selling Activity at Inspire Medical Systems

This chart shows Timothy P Herbert's buying and selling at Inspire Medical Systems by year and by quarter.

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Inspire Medical Systems Company Overview

Inspire Medical Systems logo
Inspire Medical Systems, Inc., a medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally. The company offers Inspire system, a neurostimulation technology that provides a safe and effective treatment for moderate to severe OSA. It also develops a novel, closed-loop solution that continuously monitors a patient's breathing and delivers mild hypoglossal nerve stimulation to maintain an open airway. The company was incorporated in 2007 and is headquartered in Golden Valley, Minnesota.
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Today's Range

Now: $186.29
Low: $184.01
High: $188.62

50 Day Range

MA: $191.65
Low: $172.85
High: $211.63

2 Week Range

Now: $186.29
Low: $123.00
High: $257.40

Volume

161,777 shs

Average Volume

586,601 shs

Market Capitalization

$5.58 billion

P/E Ratio

174.10

Dividend Yield

N/A

Beta

1.31