Herbert Timothy P. 4

What Happened Timothy P. Herbert, President, CEO and a director of Inspire Medical Systems (INSP), had 1,635 shares of common stock withheld by the company to satisfy taxes related to the vesting of a restricted stock unit (RSU) award. The withholding was recorded at $59.76 per share for a total value of approximately $97,708. This is a routine tax-withholding disposition (transaction code F), not an open-market sale or an additional purchase.

Key Details

• Transaction date: 2026-02-13
• Filing date: 2026-02-18 (filed within the SEC’s two-business-day window; timely)
• Shares withheld/disposed: 1,635 shares
• Price per share: $59.76
• Total value withheld: ~$97,708
• Transaction code: F (payment of exercise price or tax liability; here used to satisfy taxes on vesting of RSUs)
• Footnotes: F1 — shares were withheld by the issuer to satisfy taxes on vesting of a restricted stock unit award; F2 — some securities are held by the Timothy P. Herbert 2018 Family Continuation Trust c/u the 2018 GRAT.
• Exhibit: Exhibit 24 — Power of Attorney
• Shares owned after transaction: not specified in the provided excerpt of the filing

Context Tax-withholding dispositions of vested equity awards are routine and do not necessarily indicate a change in an insider’s view of the company. This transaction removed shares that would have been issued to satisfy withholding obligations; it is recorded as a disposal for tax purposes rather than an open-market sale.