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MedTech & Diagnostics

Inspire Medical Systems Executive Compensation (FY25)

INSP · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): May 5, 2026
255 figures on this page: 248 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Total compensation for Timothy Herbert, President and Chief Executive Officer, came to $7,711,784 in fiscal 2025, and Herbert's total was 4.9% lower than the $8,106,143 reported for fiscal 2024. The company reported a chief executive pay ratio of 35:1 for fiscal 2025, against median employee compensation of $222,549. For fiscal 2025, shareholders backed the say-on-pay proposal with 97.4% of votes cast for or against in favor at the meeting held April 30, 2026. The disclosed peer group includes Atricure, Inc., Certara, Inc., CONMED Corporation, Doximity, Inc. and Glaukos Corporation, among others.
Chief executive, fiscal 2025
◇
Timothy Herbert
Latest say-on-pay support
=
April 30, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Timothy Herbert: $8,106,143 → $7,711,784 (4.9% lower)
Say-on-pay support: 93.1% → 97.4% (4.3 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Inspire Medical Systems' chief executive and what were they paid?
Total compensation for Timothy Herbert, President and Chief Executive Officer, came to $7,711,784 in fiscal 2025. Herbert's total was 4.9% lower than the $8,106,143 reported for fiscal 2024.
What was Inspire Medical Systems' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 97.4% of votes cast for or against in favor at the meeting held April 30, 2026.
Which companies are in Inspire Medical Systems' peer group?
The disclosed peer group includes Atricure, Inc., Certara, Inc., CONMED Corporation, Doximity, Inc. and Glaukos Corporation, among others.
What is Inspire Medical Systems' chief executive pay ratio?
The company reported a chief executive pay ratio of 35:1 for fiscal 2025, against median employee compensation of $222,549.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Herbert
Chairman, President & Chief Executive Officer
◇◇◇◇◇——◇
Randolph Rosales
Chief Commercial Officer
◇—◇—◇—◇◇
Richard Buchholz
Chief Financial Officer
◇◇◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Herbert
Chairman, President & Chief Executive Officer
◇◇◇◇◇——◇
Randolph Rosales
Chief Commercial Officer
◇—◇—◇—◇◇
Richard Buchholz
Chief Financial Officer
◇◇◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Herbert
Chairman, President & Chief Executive Officer
◇—◇◇◇——◇
Randolph Rosales
Chief Commercial Officer
◇—◇—◇—◇◇
Richard Buchholz
Chief Financial Officer
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Timothy Herbert
President and Chief Executive Officer
◇—◇—◇——◇
Carlton Weatherby
Chief Strategy and Growth Officer
◇—◇—◇——◇
Randall Ban
Executive Vice President, Patient Access and Therapy Development
◇—◇—◇—◇◇
Richard Buchholz
Chief Financial Officer
◇—◇—◇—◇◇
Bryan Phillips
SVP, General Counsel, Chief Compliance Officer and Corporate Secretary
◇—◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Bryan K. PhillipsPSU—◇◇—◇—◇
Bryan K. PhillipsRSU———◇——◇
Carlton W. WeatherbyPSU—◇◇—◇—◇
Carlton W. WeatherbyRSU———◇——◇
Randall A. BanRSU———◇——◇
Randall A. BanPSU—◇◇—◇—◇
Richard J. BuchholzPSU—◇◇—◇—◇
Richard J. BuchholzRSU———◇——◇
Timothy P. HerbertRSU———◇——◇
Timothy P. HerbertPSU—◇◇—◇—◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Timothy HerbertOption◇—◇02/09/34
Option◇—◇02/13/25
RSU◇◇——
PSU◇◇——
Option◇—◇02/11/32
PSU◇◇——
PSU◇◇——
Option◇—◇02/10/33
RSU◇◇——
Randall BanPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇02/09/24
Option◇—◇02/10/33
Option◇—◇02/13/25
Option◇—◇02/09/34
PSU◇◇——
Carlton WeatherbyOption◇—◇02/09/24
PSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Option◇—◇07/31/23
RSU◇◇——
Richard BuchholzOption◇—◇02/09/24
Option◇—◇02/13/25
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Option◇—◇02/09/34
Option◇—◇02/10/23
PSU◇◇——
Bryan PhillipsRSU◇◇——
PSU◇◇——
Option◇—◇02/13/25
Option◇—◇02/09/24
PSU◇◇——
Option◇—◇02/10/23
Option◇—◇02/09/34
PSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gary L. Ellis
Lead independent director
◇◇————◇
Shawn T McCormick
◇◇————◇
Dana G. Mead, Jr
◇◇————◇
Shelley G. Broader
◇◇————◇
Georgia Melenikiotou
◇◇————◇
Cynthia B. Burks
◇◇————◇
Casey M. Tansey
◇◇————◇
Myriam J. Curet, M.D
◇◇————◇
Timothy P. Herbert served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Atricure, Inc. ATRC
  • Certara, Inc. CERT
  • CONMED Corporation CNMD
  • Doximity, Inc. DOCS
  • Glaukos Corporation GKOS
  • Globus Medical, Inc. GMED
  • Haemonetics Corporation HAE
  • Inari Medical, Inc. NARI
  • Insulet Corporation PODD
  • Integra LifeSciences Holdings Corporation IART
  • iRhythm Technologies, Inc. IRTC
  • Lantheus Holdings, Inc. LNTH
  • Masimo Corporation MASI
  • Merit Medical Systems, Inc. MMSI
  • Natera, Inc. NTRA
  • Neogen Corporation NEOG
  • Nevro Corp. NVRO
  • Penumbra, Inc. PEN
  • STAAR Surgical Company STAA
  • Tandem Diabetes Care, Inc. TNDM

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 30, 2026=◇◇◇
2024May 1, 2025=◇◇◇
2023May 2, 2024=◇◇◇
2022April 27, 2023=◇◇◇
2021April 28, 2022=◇◇◇
2020April 29, 2021=◇◇◇
2019April 30, 2020=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Inspire Medical Systems disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Inspire Medical Systems sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
255 figures on this page: 248 cited to the filing that reported them, 7 calculated from figures it prints.
248 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001609550-26-000026
  2. 0001140361-26-010490
    CEO Pay Ratio · DIRECTOR COMPENSATION · Director Compensation Table for Fiscal 2025 · Grants of Plan-Based Awards - Fiscal 2025 · and 2 more sections
  3. 0001609550-25-000019
  4. 0001140361-25-009249
    Summary Compensation Table
  5. 0001609550-24-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-24-014155
    Summary Compensation Table
  7. 0001609550-23-000038
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001140361-23-012285
    Summary Compensation Table
  9. 0001609550-22-000024
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001609550-21-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001609550-20-000017
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “Inspire Medical Systems executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/INSP (accessed 2026).
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MedTech & Diagnostics rankings

Chief executive pay — MedTech & DiagnosticsCEO pay ratio — MedTech & DiagnosticsSay-on-pay support — MedTech & Diagnostics

Peers Inspire Medical Systems discloses

The companies named in INSP's own disclosed peer group.

Atricure, Inc.Certara, Inc.CONMED CorporationDoximity, Inc.Glaukos CorporationGlobus Medical, Inc.Haemonetics CorporationInsulet CorporationIntegra LifeSciences Holdings CorporationiRhythm Technologies, Inc.Masimo CorporationMerit Medical Systems, Inc.Penumbra, Inc.STAAR Surgical CompanyTandem Diabetes Care, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy