INSP · Inspire Medical Systems, Inc. · Executive Compensation

$72.44 +1.10 (+1.54%)

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$2.06B

28.91M

Volume · Oct 21 12.78K Avg daily vol (3M) 799.53K

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Herbert	CEO	$750,572	—	$5,999,655	—	$961,557	—	$7,711,784
Timothy P. Herbert	President and Chief Executive Officer	$750,572	—	$5,999,655	—	$961,557	—	$7,711,784
Carlton W. Weatherby	Chief Strategy Officer	$506,250	—	$1,899,947	—	$428,890	—	$2,835,087
Randall A. Ban	Chief Commercial Officer	$490,794	—	$1,899,947	—	$328,047	$10,500	$2,729,287
Richard Buchholz	Chief Financial Officer	$477,989	—	$1,899,947	—	$319,488	$10,260	$2,707,684
Richard J. Buchholz	Chief Financial Officer	$477,989	—	$1,899,947	—	$319,488	$10,260	$2,707,684
Bryan K. Phillips	SVP, General Counsel, CCO and Corporate Secretary	$475,182	—	$1,899,947	—	$317,612	$9,744	$2,702,484

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy P. Herbert	President and Chief Executive Officer	$725,190	—	$4,949,893	$1,610,435	$820,625	—	$8,106,143
Timothy Herbert	CEO	$725,190	—	$4,949,893	$1,610,435	$820,625	—	$8,106,143
Carlton W. Weatherby	Chief Strategy Officer	$465,189	—	$1,574,939	$512,342	$344,400	—	$2,896,870
Randall A. Ban	Chief Commercial Officer	$474,197	—	$1,574,939	$512,342	$279,966	$10,350	$2,851,794
Bryan K. Phillips	SVP, General Counsel, CCO and Secretary	$431,983	$50,000	$1,574,939	$512,342	$255,043	$9,744	$2,834,051
Richard Buchholz	Chief Financial Officer	$457,844	—	$1,574,939	$512,342	$270,311	$9,189	$2,824,625
Richard J. Buchholz	Chief Financial Officer	$457,844	—	$1,574,939	$512,342	$270,311	$9,189	$2,824,625

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy P. Herbert	President and Chief Executive Officer	$690,000	$33,396	$2,999,761	$3,133,094	$634,524	—	$7,490,775
Timothy Herbert	CEO	$690,000	$33,396	$2,999,761	$3,133,094	$634,524	—	$7,490,775
Philip J. Ebeling	Chief Operating Officer	$455,128	$11,014	$799,743	$835,431	$209,268	$9,900	$2,320,484
Richard J. Buchholz	Chief Financial Officer	$447,243	$10,810	$799,743	$835,431	$205,382	$9,900	$2,308,509
Richard Buchholz	Chief Financial Officer	$447,243	$10,810	$799,743	$835,431	$205,382	$9,900	$2,308,509
Carlton W. Weatherby	Chief Strategy Officer	$200,083	$4,795	$800,112	$742,683	$91,107	$436,167	$2,274,947
Randall A. Ban	Chief Commercial Officer	$370,466	—	$799,743	$835,431	$253,980	$9,900	$2,269,520

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Herbert	CEO	$644,829	$145,086	$2,099,874	$2,227,312	$558,293	—	$5,675,394
Timothy P. Herbert	President and Chief Executive Officer	$644,829	$145,086	$2,099,874	$2,227,312	$558,293	—	$5,675,394
Randall A. Ban	Chief Commercial Officer	$352,825	—	$699,882	$742,396	$406,400	$9,150	$2,210,653
Philip J. Ebeling	Chief Operating Officer	$433,455	$54,182	$699,882	$742,396	$208,492	$9,150	$2,147,557
Richard Buchholz	Chief Financial Officer	$425,406	$53,176	$699,882	$742,396	$204,620	$9,150	$2,134,630
Richard J. Buchholz	Chief Financial Officer	$425,406	$53,176	$699,882	$742,396	$204,620	$9,150	$2,134,630

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy P. Herbert	President and Chief Executive Officer	$620,028	—	—	—	$652,889	—	$1,272,917
Timothy Herbert	CEO	$620,028	—	—	—	$652,889	—	$1,272,917

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Herbert	CEO	$505,856	—	—	$3,918,240	$441,511	—	$4,865,607
Timothy P. Herbert	President and Chief Executive Officer	$505,856	—	—	$3,918,240	$441,511	—	$4,865,607
Philip J. Ebeling	Chief Operating Officer	$215,833	—	—	$3,206,830	$117,737	—	$3,540,400
Richard Buchholz	Chief Financial Officer	$383,379	—	—	$1,569,110	$209,133	—	$2,161,622
Richard J. Buchholz	Chief Financial Officer	$383,379	—	—	$1,569,110	$209,133	—	$2,161,622
Randall A. Ban	Chief Commercial Officer	$327,782	—	—	$1,569,110	$250,860	—	$2,147,752
Steven L. Jandrich	Chief Compliance Officer and Vice President Human Resources	$301,930	—	—	$1,569,110	$115,292	—	$1,986,332

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Herbert	CEO	$439,875	—	—	$2,047,305	$412,383	—	$2,899,563
Timothy P. Herbert	President and Chief Executive Officer	$439,875	—	—	$2,047,305	$412,383	—	$2,899,563
Randall A. Ban	Chief Commercial Officer	$297,984	—	—	$1,438,640	$240,040	—	$1,976,664
Richard Buchholz	Chief Financial Officer	$333,373	—	—	$629,940	$187,523	—	$1,150,836
Richard J. Buchholz	Chief Financial Officer	$333,373	—	—	$629,940	$187,523	—	$1,150,836

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy Herbert	CEO	$417,606	—	—	$2,424,007	$419,156	—	$3,260,769
Timothy P. Herbert	President and Chief Executive Officer	$417,606	—	—	$2,424,007	$419,156	—	$3,260,769
Richard Buchholz	Chief Financial Officer	$311,269	—	—	$656,960	$190,603	—	$1,158,832
Richard J. Buchholz	Chief Financial Officer	$311,269	—	—	$656,960	$190,603	—	$1,158,832
Randall A. Ban	Chief Commercial Officer	$287,907	—	—	$538,000	$237,444	—	$1,063,351

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Timothy P. Herbert	President and Chief Executive Officer	$380,000	—	—	$83,901	$135,660	—	$599,561
Timothy Herbert	CEO	$380,000	—	—	$83,901	$135,660	—	$599,561
Randall A. Ban	Chief Commercial Officer	$278,168	—	—	$19,818	$215,225	—	$513,211
Richard Buchholz	Chief Financial Officer	$255,748	—	—	$8,708	$65,216	—	$329,672
Richard J. Buchholz	Chief Financial Officer	$255,748	—	—	$8,708	$65,216	—	$329,672

Executive changes

Person	Role	Change	Effective	Filed
Michael H. Carrel	Class III director	Appointed	2026-07-20	2026-07-24
Casey Tansey	member of the Board of Directors	Retired	2026-07-30	2026-07-22
Dana G. Mead, Jr.	Class II director	Appointed	2026-04-30	2026-05-05
Georgia Melenikiotou	Class II director	Appointed	2026-04-30	2026-05-05
Gary L. Ellis	Class II director	Appointed	2026-04-30	2026-05-05
Richard J. Buchholz	interim Chief Financial Officer	Appointed	2026-01-09	2026-01-12
Richard J. Buchholz	Chief Financial Officer	Resigned	2025-12-31	2025-08-26
Randall A. Ban	Executive Vice President, Patient Access and Therapy Development	Retired	2026-01-30	2025-08-04
Philip J. Ebeling	Chief Operating Officer	Resigned	2024-08-09	2024-07-22
Timothy P. Herbert	Board Chair	Appointed	2024-05-02	2024-02-05
Gary Ellis	Lead Independent Director	Appointed	2024-05-02	2024-02-05
Marilyn Carlson Nelson	Chair of the Board of Directors	Retired	2024-05-02	2024-02-05
Myriam J. Curet, M.D.	Class III director	Appointed	2023-12-21	2023-12-28
Charisse Y. Sparks, M.D.	Chief Medical Officer	Appointed	2023-07-27	2023-08-01
Charisse Y. Sparks, M.D.	Class III director	Appointed	2022-07-28	2022-08-02
Cynthia Burks	Class II director	Appointed	2022-07-28	2022-08-02

Leadership

Timothy P. Herbert Chairman
Phil Ebeling COO
Bryan K. Phillips General Counsel
Charisse Y. Sparks Board Member
Charisse Y. Sparks, M.D. Board Member
Cynthia Burks Board Member
Dana G. Mead, Jr. Board Member
Gary Ellis Board Member
Gary L. Ellis Board Member
Georgia Garinois-Melenikiotou Board Member
Georgia Melenikiotou Board Member
Michael H. Carrel Board Member
Myriam J. Curet, M.D. Board Member
Shelley Broader Board Member

Key facts CIK 1609550 CUSIP 457730109 13F (30d) 35 filings 34 filers Visit website Investor relations