Thomas E.  Timbie net worth and biography

Thomas Timbie Biography and Net Worth

Thomas E. Timbie has served as a member of our board of directors since June 2014 and served as our Chief Financial Officer from July 2014 to October 2015. Mr. Timbie is the President of Timbie & Company, LLC, a financial and management consulting firm he founded in 2000. Mr. Timbie has over 30 years of financial experience primarily in the medical device market. During 2005, as the interim Chief Financial Officer of ev3 Inc., acquired by Covidien in 2010 and now part of Medtronic plc. (NYSE: MDT), Mr. Timbie helped lead ev3 through their initial public offering. He was also the Chief Financial Officer of Xomed Surgical Products, Inc., including during its initial public offering in 1996, and continuing in that role until Xomed was acquired by Medtronic plc (NYSE: MDT) in 1999. Prior to Xomed, Mr. Timbie was the Chief Financial Officer of TreBay Medical Corp., a private orthopaedic and microsurgical device company, and the Director of Accounting at Concept Inc., a leader in the arthroscopy device market, now known as Conmed Linvatec (NYSE: CNMD). Timbie has also previously served as a member of the board of directors of Wright Medical Group, Inc., acquired by Stryker Corporation (NYSE: SYK) in November 2020; ev3 Inc., until its acquisition by Covidien (part of Medtronic plc. (NYSE: MDT)); and American Medical Systems, Inc., now part of Endo Pharmaceuticals (NASDAQ: ENDP). Mr. Timbie holds a B.S. in Accounting from University of Florida, an M.B.A. from Stetson University and is a certified public accountant (current status inactive). Mr. Timbie has also served as a board member and audit committee chairman of several public and private medical device companies including Wright Medical, Inc. acquired by Stryker Corporation (NYSE: SYK) in November 2020; ev3 Inc., acquired by Covidien in 2010 and now part of Medtronic plc. (NYSE: MDT); Acclarent, Inc., acquired by Johnson & Johnson (NYSE: JNJ) in 2010; and American Medical Systems, Inc. acquired by Endo Pharmaceuticals (NASDAQ: ENDP) in 2011. Mr. Timbie is also a former board member and audit committee chairman of two health care services companies, LaVie Care Centers and RegionalCare Hospital Partners.

What is Thomas E. Timbie's net worth?

The estimated net worth of Thomas E. Timbie is at least $12.95 million as of March 15th, 2023. Mr. Timbie owns 1,149,069 shares of Treace Medical Concepts stock worth more than $12,950,008 as of April 19th. This net worth estimate does not reflect any other assets that Mr. Timbie may own. Learn More about Thomas E. Timbie's net worth.

How do I contact Thomas E. Timbie?

The corporate mailing address for Mr. Timbie and other Treace Medical Concepts executives is 203 FORT WADE RD. SUITE 150, PONTE VEDRA FL, 32081. Treace Medical Concepts can also be reached via phone at 904-373-5940 and via email at [email protected]. Learn More on Thomas E. Timbie's contact information.

Has Thomas E. Timbie been buying or selling shares of Treace Medical Concepts?

Thomas E. Timbie has not been actively trading shares of Treace Medical Concepts in the last ninety days. Most recently, Thomas E. Timbie sold 50,000 shares of the business's stock in a transaction on Wednesday, March 15th. The shares were sold at an average price of $23.03, for a transaction totalling $1,151,500.00. Following the completion of the sale, the director now directly owns 1,149,069 shares of the company's stock, valued at $26,463,059.07. Learn More on Thomas E. Timbie's trading history.

Who are Treace Medical Concepts' active insiders?

Treace Medical Concepts' insider roster includes Sean Scanlan (SVP), Thomas Timbie (Director), James Treace (Director), John Treace (CEO), and John Treace (Director). Learn More on Treace Medical Concepts' active insiders.

Are insiders buying or selling shares of Treace Medical Concepts?

During the last twelve months, insiders at the sold shares 6 times. They sold a total of 1,182,025 shares worth more than $31,220,476.91. The most recent insider tranaction occured on June, 5th when Director F Barry Bays sold 1,042,318 shares worth more than $27,631,850.18. Insiders at Treace Medical Concepts own 24.4% of the company. Learn More about insider trades at Treace Medical Concepts.

Information on this page was last updated on 6/5/2023.

Thomas E. Timbie Insider Trading History at Treace Medical Concepts

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/15/2023Sell50,000$23.03$1,151,500.001,149,069View SEC Filing Icon  
2/15/2023Sell50,000$21.71$1,085,500.001,199,069View SEC Filing Icon  
12/14/2022Sell50,000$24.00$1,200,000.001,299,069View SEC Filing Icon  
11/21/2022Sell224$22.08$4,945.921,359,139View SEC Filing Icon  
11/18/2022Sell39,706$22.70$901,326.201,359,363View SEC Filing Icon  
11/16/2022Sell50,000$20.14$1,007,000.001,399,069View SEC Filing Icon  
8/16/2022Sell50,000$19.91$995,500.001,449,069View SEC Filing Icon  
8/5/2022Sell4,904$19.04$93,372.161,499,069View SEC Filing Icon  
8/3/2022Sell96,879$18.85$1,826,169.151,552,190View SEC Filing Icon  
10/20/2021Sell11,171$25.18$281,285.78View SEC Filing Icon  
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Thomas E. Timbie Buying and Selling Activity at Treace Medical Concepts

This chart shows Thomas E Timbie's buying and selling at Treace Medical Concepts by year and by quarter.

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Treace Medical Concepts Company Overview

Treace Medical Concepts logo
Treace Medical Concepts, Inc., a medical technology company, designs, manufactures, and markets medical devices in the United States. The company offers Lapiplasty 3D bunion correction system that combines instruments, implants, and surgical methods designed to surgically correct three planes of the bunion deformity. It also provides Lapiplasty mini-incision system designed to allow the Lapiplasty procedure to be performed through a 3.5cm incision. In addition, the company offers Adductoplasty system designed for reproducible realignment, stabilization, and fusion of the midfoot. Treace Medical Concepts, Inc. was founded in 2013 and is headquartered in Ponte Vedra, Florida.
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Today's Range

Now: $11.27
Low: $11.03
High: $11.42

50 Day Range

MA: $13.11
Low: $11.27
High: $15.86

2 Week Range

Now: $11.27
Low: $5.27
High: $27.70

Volume

316,865 shs

Average Volume

319,558 shs

Market Capitalization

$696.04 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.27