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INSPIRE MEDICAL SYSTEMS INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and INSPIRE MEDICAL SYSTEMS INC.’s Form 8-K, filed 2025-05-05 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 10Reported items
  • 434Asset managers
  • 2,743Fund votes
  • 2025-05-01Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore INSPIRE MEDICAL SYSTEMS INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by INSPIRE MEDICAL SYSTEMS INC.

These tallies are INSPIRE MEDICAL SYSTEMS INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-05 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

INSPIRE MEDICAL SYSTEMS INC. — official shareholder meeting results, meeting held 2025-05-01
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Cynthia B. Burks 20,494,838---- 6,413,4741,819,480 Majority: yes
Elect Director: Timothy P. Herbert 21,076,649---- 5,831,6631,819,480 Majority: yes
Elect Director: Shawn T McCormick 19,908,767---- 6,999,5451,819,480 Majority: yes

Source: INSPIRE MEDICAL SYSTEMS INC., Form 8-K, filed with the SEC on 2025-05-05 — read the filing on EDGAR.

How asset managers voted at the INSPIRE MEDICAL SYSTEMS INC. 2024-2025 meeting

Each item below shows how the 434 asset managers that disclosed a INSPIRE MEDICAL SYSTEMS INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of INSPIRE MEDICAL SYSTEMS INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approval, on an advisory (non- binding) basis, of the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-01.

Combines 6 wordings of this item as funds reported it.

93% fund support · no official result

FOR 93%

The 410 asset managers below cast 93% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the company's reported shares outstanding.

FOR: 93.1%AGAINST: 6.9%ABSTAIN: 0.0%NOT VOTED: 0.0%
Largest asset managers voting on “Approval, on an advisory (non- binding) basis, of the compensation of the Company's named executive officers.” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Fidelity4,933,4930 00For
Vanguard4,012,599704 00For
BlackRock2,628,210191 00For
Invesco01,181,397 00Against
WASATCH ADVISORS LP1,062,5680 00For
State Street951,7040 00For
WASATCH FUNDS TRUST806,2170 00For
BAILLIE GIFFORD OVERSEAS LTD627,9160 00For
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC580,3760 00For
Charles Schwab570,1870 00For
Artisan521,1720 00For
MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST516,4400 00For
GEODE CAPITAL MANAGEMENT, LLC495,5450 00For
Janus Henderson468,6340 00For
Federated Hermes456,6600 00For
Allspring429,5800 00For
BAILLIE GIFFORD & CO LTD419,1020 00For
BAMCO INC /NY/405,0000 00For
TimesSquare Capital Management, LLC376,1940 00For
JANUS INVESTMENT FUND360,4850 00For
Waddell & Reed355,2790 00For
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)349,0000 00For
Jackson National243,49472,391 00For
MUTUAL FUND SERIES TRUST305,0120 00For
Thrivent278,3330 00For

Showing the 25 largest of 410 asset managers. See all 410 in the interactive database.

2. Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2025.

AUDIT-RELATED

Meeting held 2025-05-01.

Combines 3 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.8%

The 120 asset managers below cast 99.9% of the shares they voted on this item FOR (16,395,221 for, 15,421 against).

FOR: 16,395,221 (99.9%)AGAINST: 15,421 (0.1%)ABSTAIN: 1,836 (0.0%)NOT VOTED: 98 (0.0%)
Largest asset managers voting on “Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,937,3760 00For
Fidelity2,589,3050 00For
BlackRock2,041,5020 00For
WASATCH FUNDS TRUST806,2170 00For
Invesco528,0440 00For
JANUS INVESTMENT FUND360,4850 00For
Waddell & Reed355,2790 00For
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)349,0000 00For
Jackson National315,8850 00For
MUTUAL FUND SERIES TRUST305,0120 00For
State Street299,47411 00For
Charles Schwab272,2800 00For
JPMorgan234,9500 00For
Federated Hermes228,3300 00For
Artisan205,9480 00For
PROFESSIONALLY MANAGED PORTFOLIOS192,7190 00For
CARILLON SERIES TRUST182,5200 00For
FRANKLIN STRATEGIC SERIES181,3600 00For
Allspring180,6730 00For
Advisors' Inner Circle Fund II155,0000 00For
WILLIAM BLAIR FUNDS150,9320 00For
TIAA145,7250 00For
Thrivent136,4880 00For
OLD WESTBURY FUNDS INC130,0000 00For
Dimensional128,9170 00For

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

3. Election of Class I Directors: Cynthia B. Burks

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-01.

Combines 8 wordings of this item as funds reported it.

76% Majority: yes · of votes cast

FOR 76%WITHHELD 24%
FOR: 20,494,838WITHHELD: 6,413,474

INSPIRE MEDICAL SYSTEMS INC.’s own tally for this item (“Elect Director: Cynthia B. Burks”): 20,494,838 for, 6,413,474 withheld, per its Form 8-K filed 2025-05-05 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,467,300 outstanding shares: 70% for, 22% withheld (91% of the company cast a for/withheld vote).

The 120 asset managers below cast 100% of the shares they voted on this item FOR (13,702,076 for, 0 against).

FOR 83%ABSTAIN 17%
FOR: 13,702,076 (83.1%)ABSTAIN: 2,786,836 (16.9%)NOT VOTED: 98 (0.0%)
Largest asset managers voting on “Election of Class I Directors: Cynthia B. Burks” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,937,3760 00For
Fidelity2,589,3050 00For
BlackRock2,041,5020 00For
WASATCH FUNDS TRUST806,2170 00For
Invesco528,0440 00For
JANUS INVESTMENT FUND00 360,4850Abstain
Waddell & Reed00 355,2790Abstain
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)349,0000 00For
Jackson National226,6520 89,2330For
MUTUAL FUND SERIES TRUST305,0120 00For
State Street299,3090 1760For
Charles Schwab272,2800 00For
JPMorgan234,9500 00For
Federated Hermes228,3300 00For
Artisan205,9480 00For
PROFESSIONALLY MANAGED PORTFOLIOS150,0000 42,7190For
CARILLON SERIES TRUST00 182,5200Abstain
FRANKLIN STRATEGIC SERIES181,3600 00For
Allspring00 180,6730Abstain
Advisors' Inner Circle Fund II155,0000 00For
WILLIAM BLAIR FUNDS00 150,9320Abstain
TIAA145,7250 00For
Thrivent00 136,4880Abstain
OLD WESTBURY FUNDS INC00 130,0000Abstain
Dimensional00 128,9170Abstain

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

4. Election of Class I Directors: Shawn T McCormick

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-01.

Combines 9 wordings of this item as funds reported it.

74% Majority: yes · of votes cast

FOR 74%WITHHELD 26%
FOR: 19,908,767WITHHELD: 6,999,545

INSPIRE MEDICAL SYSTEMS INC.’s own tally for this item (“Elect Director: Shawn T McCormick”): 19,908,767 for, 6,999,545 withheld, per its Form 8-K filed 2025-05-05 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,467,300 outstanding shares: 68% for, 24% withheld (91% of the company cast a for/withheld vote).

The 120 asset managers below cast 100% of the shares they voted on this item FOR (13,404,863 for, 0 against).

FOR 81%ABSTAIN 19%
FOR: 13,404,863 (81.3%)ABSTAIN: 3,084,049 (18.7%)NOT VOTED: 98 (0.0%)
Largest asset managers voting on “Election of Class I Directors: Shawn T McCormick” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,937,3760 00For
Fidelity2,589,3050 00For
BlackRock2,041,5020 00For
WASATCH FUNDS TRUST806,2170 00For
Invesco528,0440 00For
JANUS INVESTMENT FUND00 360,4850Abstain
Waddell & Reed00 355,2790Abstain
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)349,0000 00For
Jackson National226,6520 89,2330For
MUTUAL FUND SERIES TRUST305,0120 00For
State Street15,5730 283,9120Abstain
Charles Schwab272,2800 00For
JPMorgan234,9500 00For
Federated Hermes228,3300 00For
Artisan205,9480 00For
PROFESSIONALLY MANAGED PORTFOLIOS150,0000 42,7190For
CARILLON SERIES TRUST00 182,5200Abstain
FRANKLIN STRATEGIC SERIES181,3600 00For
Allspring00 180,6730Abstain
Advisors' Inner Circle Fund II155,0000 00For
WILLIAM BLAIR FUNDS00 150,9320Abstain
TIAA145,7250 00For
Thrivent00 136,4880Abstain
OLD WESTBURY FUNDS INC00 130,0000Abstain
Dimensional00 128,9170Abstain

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

5. Election of Class I Directors: Timothy P. Herbert

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2025-05-01.

Combines 8 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD 22%
FOR: 21,076,649WITHHELD: 5,831,663

INSPIRE MEDICAL SYSTEMS INC.’s own tally for this item (“Elect Director: Timothy P. Herbert”): 21,076,649 for, 5,831,663 withheld, per its Form 8-K filed 2025-05-05 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,467,300 outstanding shares: 72% for, 20% withheld (91% of the company cast a for/withheld vote).

The 120 asset managers below cast 100% of the shares they voted on this item FOR (14,014,918 for, 0 against).

FOR 85%ABSTAIN 15%
FOR: 14,014,918 (85.0%)ABSTAIN: 2,473,994 (15.0%)NOT VOTED: 98 (0.0%)
Largest asset managers voting on “Election of Class I Directors: Timothy P. Herbert” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Vanguard3,937,3760 00For
Fidelity2,589,3050 00For
BlackRock2,041,5020 00For
WASATCH FUNDS TRUST806,2170 00For
Invesco528,0440 00For
JANUS INVESTMENT FUND00 360,4850Abstain
Waddell & Reed00 355,2790Abstain
BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND)349,0000 00For
Jackson National226,6520 89,2330For
MUTUAL FUND SERIES TRUST305,0120 00For
State Street299,3090 1760For
Charles Schwab272,2800 00For
JPMorgan234,9500 00For
Federated Hermes228,3300 00For
Artisan205,9480 00For
PROFESSIONALLY MANAGED PORTFOLIOS150,0000 42,7190For
CARILLON SERIES TRUST182,5200 00For
FRANKLIN STRATEGIC SERIES181,3600 00For
Allspring00 180,6730Abstain
Advisors' Inner Circle Fund II155,0000 00For
WILLIAM BLAIR FUNDS00 150,9320Abstain
TIAA145,7250 00For
Thrivent00 136,4880Abstain
OLD WESTBURY FUNDS INC00 130,0000Abstain
Dimensional00 128,9170Abstain

Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.

6. Advisory Vote to Ratify Named Executive Officers' Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-01.

94% fund support · no official result

FOR 94%

The 15 asset managers below cast 94% of the shares they voted on this item FOR (643,930 for, 42,364 against).

FOR: 643,930 (93.8%)AGAINST: 42,364 (6.2%)
Largest asset managers voting on “Advisory Vote to Ratify Named Executive Officers' Compensation” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
JPMorgan379,3550 00For
Eversept Partners, LP160,8930 00For
Brighthouse028,983 00Against
Empower24,5290 00For
ALGERT GLOBAL LLC21,4530 00For
GuideStone19,4390 00For
APG Asset Management US Inc.16,4080 00For
Desjardins Global Asset Management Inc.013,347 00Against
Metzler Asset Management GmbH9,1840 00For
AGF Investments Trust6,8860 00For
TD ASSET MANAGEMENT INC3,5340 00For
BEACON INVESTMENT ADVISORY SERVICES, INC.1,2120 00For
HC CAPITAL TRUST8830 00For
Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma1540 00For
Cornerstone Investment Partners, LLC034 00Against

7. Ratify Ernst & Young LLP as Auditors

DIRECTOR ELECTIONS

Meeting held 2025-05-01.

100% fund support · no official result

FOR 100%

The 5 asset managers below cast 100% of the shares they voted on this item FOR (80,720 for, 0 against).

FOR: 80,720 (100.0%)
Largest asset managers voting on “Ratify Ernst & Young LLP as Auditors” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Brighthouse28,9830 00For
Empower24,5290 00For
GuideStone19,4390 00For
AGF Investments Trust6,8860 00For
HC CAPITAL TRUST8830 00For

8. DIRECTOR

DIRECTOR ELECTIONS

Meeting held 2025-05-01.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (4,856 for, 0 against).

FOR: 4,856 (100.0%)
Largest asset managers voting on “DIRECTOR” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Zacks Trust2,9230 00For
Tidal Trust III1,0780 00For
Jackson Creek Investment Advisors LLC8550 00For

9. 14A Executive Compensation

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2025-05-01.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (280 for, 0 against).

FOR: 280 (100.0%)
Largest asset managers voting on “14A Executive Compensation” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
Baker Avenue Asset Management, LP2000 00For
River Street Advisors LLC690 00For
Simplify Exchange Traded Funds110 00For

10. Approval, on an advisory (non- binding) basis, of the compensation of the Company's named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-05-02 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

Combines 2 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 25,906,913AGAINST: 670,207

INSPIRE MEDICAL SYSTEMS INC.’s own tally for this item (“Proposal 3: Approval, on an Advisory (Non-Binding) Basis, of the Compensation of the Company's Named Executive Officers The Company's stockholders approved, on an advisory (non-binding) basis, the compensation of the Com”): 25,906,913 for, 670,207 against, per its Form 8-K filed 2024-05-07 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 29,467,300 outstanding shares: 88% for, 2% against (90% of the company cast a for/against vote).

The 2 asset managers below cast 0% of the shares they voted on this item FOR (0 for, 270 against).

AGAINST 100%
AGAINST: 270 (100.0%)
Largest asset managers voting on “Approval, on an advisory (non- binding) basis, of the compensation of the Company's named executive officers.” at INSPIRE MEDICAL SYSTEMS INC., 2024-2025
Asset managerForAgainst AbstainWithheldVote
COLDSTREAM CAPITAL MANAGEMENT INC0270 00Against
Echo45 Advisors LLC00 00--

Largest INSPIRE MEDICAL SYSTEMS INC. shareholders voting in 2024-2025

Ranked by the number of INSPIRE MEDICAL SYSTEMS INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 29,467,300 shares outstanding at the time of that meeting.

Top INSPIRE MEDICAL SYSTEMS INC. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1Fidelity 16.74%
2Vanguard 13.62%
3BlackRock 8.92%
4Invesco 4.01%
5WASATCH ADVISORS LP 3.61%
6State Street 3.23%
7WASATCH FUNDS TRUST 2.74%
8BAILLIE GIFFORD OVERSEAS LTD 2.13%
9WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 1.97%
10Charles Schwab 1.94%

Reported INSPIRE MEDICAL SYSTEMS INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

INSPIRE MEDICAL SYSTEMS INC. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
BlackRock 13.67% 13F
Vanguard Group 10.95% 13F
FMR (Fidelity) 8.62% 13F
Wellington Management Group LLP 8.61% 13G
Vanguard Portfolio Management 5.58% 13G
Soleus Capital Master Fund, L.P. 4.99% 13G
Deerfield Mgmt, L.P. 4.40% 13G
State Street 3.42% 13F
Invesco 2.91% 13F
Kenneth Griffin 1.79% 13G

Percentages above are of 29,467,300 shares outstanding, as reported by INSPIRE MEDICAL SYSTEMS INC. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from INSPIRE MEDICAL SYSTEMS INC.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At INSPIRE MEDICAL SYSTEMS INC.'s shareholder meeting held 2025-05-01, in the 2024-2025 proxy season, 434 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,743 separate fund positions. Their filings are grouped here into 10 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. INSPIRE MEDICAL SYSTEMS INC.'s own Form 8-K tally for this meeting is published below, but no row in it could be matched to the most widely held item, so this page states no certified outcome for that item. On that item — Approval, on an advisory (non- binding) basis, of the compensation of the Company's named… — the reporting funds cast 93% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

INSPIRE MEDICAL SYSTEMS INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.