Home › Companies › INSPIRE MEDICAL SYSTEMS INC. › 2024-2025
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.
Explore INSPIRE MEDICAL SYSTEMS INC. in the interactive database Compare manager voting policies
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.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Outcome |
|---|---|---|---|---|---|---|
| Elect Director: Cynthia B. Burks | 20,494,838 | -- | -- | 6,413,474 | 1,819,480 | Majority: yes |
| Elect Director: Timothy P. Herbert | 21,076,649 | -- | -- | 5,831,663 | 1,819,480 | Majority: yes |
| Elect Director: Shawn T McCormick | 19,908,767 | -- | -- | 6,999,545 | 1,819,480 | Majority: yes |
Source: INSPIRE MEDICAL SYSTEMS INC., Form 8-K, filed with the SEC on 2025-05-05 — read the filing on EDGAR.
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.
Meeting held 2025-05-01.
Combines 6 wordings of this item as funds reported it.
93% fund support · no official result
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.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Fidelity | 4,933,493 | 0 | 0 | 0 | For |
| Vanguard | 4,012,599 | 704 | 0 | 0 | For |
| BlackRock | 2,628,210 | 191 | 0 | 0 | For |
| Invesco | 0 | 1,181,397 | 0 | 0 | Against |
| WASATCH ADVISORS LP | 1,062,568 | 0 | 0 | 0 | For |
| State Street | 951,704 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 806,217 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD OVERSEAS LTD | 627,916 | 0 | 0 | 0 | For |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 580,376 | 0 | 0 | 0 | For |
| Charles Schwab | 570,187 | 0 | 0 | 0 | For |
| Artisan | 521,172 | 0 | 0 | 0 | For |
| MACQUARIE INVESTMENT MANAGEMENT BUSINESS TRUST | 516,440 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 495,545 | 0 | 0 | 0 | For |
| Janus Henderson | 468,634 | 0 | 0 | 0 | For |
| Federated Hermes | 456,660 | 0 | 0 | 0 | For |
| Allspring | 429,580 | 0 | 0 | 0 | For |
| BAILLIE GIFFORD & CO LTD | 419,102 | 0 | 0 | 0 | For |
| BAMCO INC /NY/ | 405,000 | 0 | 0 | 0 | For |
| TimesSquare Capital Management, LLC | 376,194 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 360,485 | 0 | 0 | 0 | For |
| Waddell & Reed | 355,279 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 349,000 | 0 | 0 | 0 | For |
| Jackson National | 243,494 | 72,391 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 305,012 | 0 | 0 | 0 | For |
| Thrivent | 278,333 | 0 | 0 | 0 | For |
Showing the 25 largest of 410 asset managers. See all 410 in the interactive database.
Meeting held 2025-05-01.
Combines 3 wordings of this item as funds reported it.
99.9% fund support · no official result
The 120 asset managers below cast 99.9% of the shares they voted on this item FOR (16,395,221 for, 15,421 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,937,376 | 0 | 0 | 0 | For |
| Fidelity | 2,589,305 | 0 | 0 | 0 | For |
| BlackRock | 2,041,502 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 806,217 | 0 | 0 | 0 | For |
| Invesco | 528,044 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 360,485 | 0 | 0 | 0 | For |
| Waddell & Reed | 355,279 | 0 | 0 | 0 | For |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 349,000 | 0 | 0 | 0 | For |
| Jackson National | 315,885 | 0 | 0 | 0 | For |
| MUTUAL FUND SERIES TRUST | 305,012 | 0 | 0 | 0 | For |
| State Street | 299,474 | 11 | 0 | 0 | For |
| Charles Schwab | 272,280 | 0 | 0 | 0 | For |
| JPMorgan | 234,950 | 0 | 0 | 0 | For |
| Federated Hermes | 228,330 | 0 | 0 | 0 | For |
| Artisan | 205,948 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 192,719 | 0 | 0 | 0 | For |
| CARILLON SERIES TRUST | 182,520 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 181,360 | 0 | 0 | 0 | For |
| Allspring | 180,673 | 0 | 0 | 0 | For |
| Advisors' Inner Circle Fund II | 155,000 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 150,932 | 0 | 0 | 0 | For |
| TIAA | 145,725 | 0 | 0 | 0 | For |
| Thrivent | 136,488 | 0 | 0 | 0 | For |
| OLD WESTBURY FUNDS INC | 130,000 | 0 | 0 | 0 | For |
| Dimensional | 128,917 | 0 | 0 | 0 | For |
Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.
Meeting held 2025-05-01.
Combines 8 wordings of this item as funds reported it.
76% Majority: yes · of votes cast
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,937,376 | 0 | 0 | 0 | For |
| Fidelity | 2,589,305 | 0 | 0 | 0 | For |
| BlackRock | 2,041,502 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 806,217 | 0 | 0 | 0 | For |
| Invesco | 528,044 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 0 | 0 | 360,485 | 0 | Abstain |
| Waddell & Reed | 0 | 0 | 355,279 | 0 | Abstain |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 349,000 | 0 | 0 | 0 | For |
| Jackson National | 226,652 | 0 | 89,233 | 0 | For |
| MUTUAL FUND SERIES TRUST | 305,012 | 0 | 0 | 0 | For |
| State Street | 299,309 | 0 | 176 | 0 | For |
| Charles Schwab | 272,280 | 0 | 0 | 0 | For |
| JPMorgan | 234,950 | 0 | 0 | 0 | For |
| Federated Hermes | 228,330 | 0 | 0 | 0 | For |
| Artisan | 205,948 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 150,000 | 0 | 42,719 | 0 | For |
| CARILLON SERIES TRUST | 0 | 0 | 182,520 | 0 | Abstain |
| FRANKLIN STRATEGIC SERIES | 181,360 | 0 | 0 | 0 | For |
| Allspring | 0 | 0 | 180,673 | 0 | Abstain |
| Advisors' Inner Circle Fund II | 155,000 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 0 | 0 | 150,932 | 0 | Abstain |
| TIAA | 145,725 | 0 | 0 | 0 | For |
| Thrivent | 0 | 0 | 136,488 | 0 | Abstain |
| OLD WESTBURY FUNDS INC | 0 | 0 | 130,000 | 0 | Abstain |
| Dimensional | 0 | 0 | 128,917 | 0 | Abstain |
Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.
Meeting held 2025-05-01.
Combines 9 wordings of this item as funds reported it.
74% Majority: yes · of votes cast
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,937,376 | 0 | 0 | 0 | For |
| Fidelity | 2,589,305 | 0 | 0 | 0 | For |
| BlackRock | 2,041,502 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 806,217 | 0 | 0 | 0 | For |
| Invesco | 528,044 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 0 | 0 | 360,485 | 0 | Abstain |
| Waddell & Reed | 0 | 0 | 355,279 | 0 | Abstain |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 349,000 | 0 | 0 | 0 | For |
| Jackson National | 226,652 | 0 | 89,233 | 0 | For |
| MUTUAL FUND SERIES TRUST | 305,012 | 0 | 0 | 0 | For |
| State Street | 15,573 | 0 | 283,912 | 0 | Abstain |
| Charles Schwab | 272,280 | 0 | 0 | 0 | For |
| JPMorgan | 234,950 | 0 | 0 | 0 | For |
| Federated Hermes | 228,330 | 0 | 0 | 0 | For |
| Artisan | 205,948 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 150,000 | 0 | 42,719 | 0 | For |
| CARILLON SERIES TRUST | 0 | 0 | 182,520 | 0 | Abstain |
| FRANKLIN STRATEGIC SERIES | 181,360 | 0 | 0 | 0 | For |
| Allspring | 0 | 0 | 180,673 | 0 | Abstain |
| Advisors' Inner Circle Fund II | 155,000 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 0 | 0 | 150,932 | 0 | Abstain |
| TIAA | 145,725 | 0 | 0 | 0 | For |
| Thrivent | 0 | 0 | 136,488 | 0 | Abstain |
| OLD WESTBURY FUNDS INC | 0 | 0 | 130,000 | 0 | Abstain |
| Dimensional | 0 | 0 | 128,917 | 0 | Abstain |
Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.
Meeting held 2025-05-01.
Combines 8 wordings of this item as funds reported it.
78% Majority: yes · of votes cast
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 3,937,376 | 0 | 0 | 0 | For |
| Fidelity | 2,589,305 | 0 | 0 | 0 | For |
| BlackRock | 2,041,502 | 0 | 0 | 0 | For |
| WASATCH FUNDS TRUST | 806,217 | 0 | 0 | 0 | For |
| Invesco | 528,044 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 0 | 0 | 360,485 | 0 | Abstain |
| Waddell & Reed | 0 | 0 | 355,279 | 0 | Abstain |
| BARON INVESTMENT FUNDS TRUST (f/k/a BARON ASSET FUND) | 349,000 | 0 | 0 | 0 | For |
| Jackson National | 226,652 | 0 | 89,233 | 0 | For |
| MUTUAL FUND SERIES TRUST | 305,012 | 0 | 0 | 0 | For |
| State Street | 299,309 | 0 | 176 | 0 | For |
| Charles Schwab | 272,280 | 0 | 0 | 0 | For |
| JPMorgan | 234,950 | 0 | 0 | 0 | For |
| Federated Hermes | 228,330 | 0 | 0 | 0 | For |
| Artisan | 205,948 | 0 | 0 | 0 | For |
| PROFESSIONALLY MANAGED PORTFOLIOS | 150,000 | 0 | 42,719 | 0 | For |
| CARILLON SERIES TRUST | 182,520 | 0 | 0 | 0 | For |
| FRANKLIN STRATEGIC SERIES | 181,360 | 0 | 0 | 0 | For |
| Allspring | 0 | 0 | 180,673 | 0 | Abstain |
| Advisors' Inner Circle Fund II | 155,000 | 0 | 0 | 0 | For |
| WILLIAM BLAIR FUNDS | 0 | 0 | 150,932 | 0 | Abstain |
| TIAA | 145,725 | 0 | 0 | 0 | For |
| Thrivent | 0 | 0 | 136,488 | 0 | Abstain |
| OLD WESTBURY FUNDS INC | 0 | 0 | 130,000 | 0 | Abstain |
| Dimensional | 0 | 0 | 128,917 | 0 | Abstain |
Showing the 25 largest of 120 asset managers. See all 120 in the interactive database.
Meeting held 2025-05-01.
94% fund support · no official result
The 15 asset managers below cast 94% of the shares they voted on this item FOR (643,930 for, 42,364 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| JPMorgan | 379,355 | 0 | 0 | 0 | For |
| Eversept Partners, LP | 160,893 | 0 | 0 | 0 | For |
| Brighthouse | 0 | 28,983 | 0 | 0 | Against |
| Empower | 24,529 | 0 | 0 | 0 | For |
| ALGERT GLOBAL LLC | 21,453 | 0 | 0 | 0 | For |
| GuideStone | 19,439 | 0 | 0 | 0 | For |
| APG Asset Management US Inc. | 16,408 | 0 | 0 | 0 | For |
| Desjardins Global Asset Management Inc. | 0 | 13,347 | 0 | 0 | Against |
| Metzler Asset Management GmbH | 9,184 | 0 | 0 | 0 | For |
| AGF Investments Trust | 6,886 | 0 | 0 | 0 | For |
| TD ASSET MANAGEMENT INC | 3,534 | 0 | 0 | 0 | For |
| BEACON INVESTMENT ADVISORY SERVICES, INC. | 1,212 | 0 | 0 | 0 | For |
| HC CAPITAL TRUST | 883 | 0 | 0 | 0 | For |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Ma | 154 | 0 | 0 | 0 | For |
| Cornerstone Investment Partners, LLC | 0 | 34 | 0 | 0 | Against |
Meeting held 2025-05-01.
100% fund support · no official result
The 5 asset managers below cast 100% of the shares they voted on this item FOR (80,720 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Brighthouse | 28,983 | 0 | 0 | 0 | For |
| Empower | 24,529 | 0 | 0 | 0 | For |
| GuideStone | 19,439 | 0 | 0 | 0 | For |
| AGF Investments Trust | 6,886 | 0 | 0 | 0 | For |
| HC CAPITAL TRUST | 883 | 0 | 0 | 0 | For |
Meeting held 2025-05-01.
100% fund support · no official result
The 3 asset managers below cast 100% of the shares they voted on this item FOR (4,856 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Zacks Trust | 2,923 | 0 | 0 | 0 | For |
| Tidal Trust III | 1,078 | 0 | 0 | 0 | For |
| Jackson Creek Investment Advisors LLC | 855 | 0 | 0 | 0 | For |
Meeting held 2025-05-01.
100% fund support · no official result
The 3 asset managers below cast 100% of the shares they voted on this item FOR (280 for, 0 against).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Baker Avenue Asset Management, LP | 200 | 0 | 0 | 0 | For |
| River Street Advisors LLC | 69 | 0 | 0 | 0 | For |
| Simplify Exchange Traded Funds | 11 | 0 | 0 | 0 | For |
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
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).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| COLDSTREAM CAPITAL MANAGEMENT INC | 0 | 270 | 0 | 0 | Against |
| Echo45 Advisors LLC | 0 | 0 | 0 | 0 | -- |
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.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Fidelity | 16.74% |
| 2 | Vanguard | 13.62% |
| 3 | BlackRock | 8.92% |
| 4 | Invesco | 4.01% |
| 5 | WASATCH ADVISORS LP | 3.61% |
| 6 | State Street | 3.23% |
| 7 | WASATCH FUNDS TRUST | 2.74% |
| 8 | BAILLIE GIFFORD OVERSEAS LTD | 2.13% |
| 9 | WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 1.97% |
| 10 | Charles Schwab | 1.94% |
Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).
| 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.
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.