This company is tiny… but already has contracts with 30 federal agencies and services some of the biggest companies in the U.S. And demand for the technology is unprecedented … “unlike anything we have seen in the past,” says a spokesman.

Timothy P. Herbert net worth and biography

Timothy Herbert Biography and Net Worth

CEO of Inspire Medical Systems

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 $9.88 million as of April 1st, 2024. Mr. Herbert owns 63,658 shares of Inspire Medical Systems stock worth more than $9,880,995 as of May 20th. 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?: During the last ninety days, Timothy P. Herbert has sold $8,203,600.00 of Inspire Medical Systems stock. 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 19 times. They sold a total of 81,661 shares worth more than $17,297,798.50. The most recent insider tranaction occured on April, 17th when CFO Richard Buchholz sold 15,000 shares worth more than $3,450,450.00. 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 4/17/2024.

Timothy P. Herbert Insider Trading History at Inspire Medical Systems

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/1/2024	Sell	40,000	$205.09	$8,203,600.00	63,658
2/13/2023	Sell	2,619	$275.05	$720,355.95	9,728
2/8/2023	Sell	3,500	$275.00	$962,500.00	19,375
3/28/2022	Sell	1,546	$250.00	$386,500.00
3/25/2022	Sell	695	$250.00	$173,750.00
3/17/2022	Sell	20,000	$225.40	$4,508,000.00
11/5/2020	Sell	80,000	$163.74	$13,099,200.00	65,845
8/6/2020	Sell	80,000	$105.66	$8,452,800.00
1/13/2020	Sell	9,832	$80.10	$787,543.20
10/22/2019	Sell	25,000	$58.61	$1,465,250.00
9/24/2019	Sell	5,000	$66.14	$330,700.00
9/6/2019	Sell	10,000	$70.00	$700,000.00
9/3/2019	Sell	10,000	$67.19	$671,900.00
8/27/2019	Sell	15,000	$65.96	$989,400.00
8/1/2019	Sell	10,000	$68.02	$680,200.00
7/23/2019	Sell	15,000	$66.95	$1,004,250.00
7/3/2019	Sell	10,000	$65.00	$650,000.00
6/25/2019	Sell	25,000	$58.71	$1,467,750.00
5/28/2019	Sell	25,000	$52.55	$1,313,750.00
4/16/2019	Sell	15,000	$54.97	$824,550.00
3/19/2019	Sell	15,000	$56.47	$847,050.00
1/15/2019	Sell	15,000	$48.70	$730,500.00
12/18/2018	Sell	15,000	$42.88	$643,200.00
11/20/2018	Sell	15,000	$39.89	$598,350.00
5/7/2018	Buy	350	$16.00	$5,600.00

Timothy P. Herbert Buying and Selling Activity at Inspire Medical Systems

Inspire Medical Systems Company Overview

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.

Today's Range

Now: $155.22

$152.90

$159.48

50 Day Range

MA: $211.93

$155.22

$251.22

2 Week Range

Now: $155.22

$123.27

$330.00

Volume

770,300 shs

Average Volume

589,911 shs

Market Capitalization

$4.61 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.35

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Timothy Herbert Biography and Net Worth

What is Timothy P. Herbert's net worth?

How old is Timothy P. Herbert?

What is Timothy P. Herbert's salary?

How do I contact Timothy P. Herbert?

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

Who are Inspire Medical Systems' active insiders?

Are insiders buying or selling shares of Inspire Medical Systems?