Home / Companies / Driven Brands Holdings Inc. / 9 May 2024
Driven Brands Holdings Inc.: meeting of 9 May 2024
Votes reported on Form N-PX, item by item
272 Form N-PX filers reported votes at the Driven Brands Holdings Inc. meeting of 9 May 2024. Their records fall into 4 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
3 nominees; 70.6% of reported votes for; 58 filers withheld from or voted against at least one nominee.
537 vote records from 85 filers. 15 of the 85 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
415 vote records from 270 filers. 220 of the 260 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
179 vote records from 85 filers. 0 of the 85 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
182 vote records from 88 filers. 39 of the 88 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | For | Against * | For |
| BlackRock and iShares | For | Against * | For |
| Fidelity | Abstain or withhold * | Against * | For |
| Dimensional | Abstain or withhold * | Against * | For |
| State Street and SPDR | Abstain or withhold * | Against * | For |
| American Century | For | Against * | For |
| Franklin Templeton | For | Abstain or withhold * | For |
| Invesco | For | Against * | For |
| Equitable | For | Against * | For |
| Charles Schwab | For | Against * | For |
| Nuveen and TIAA | For | Against * | For |
| John Hancock and Manulife | For | Against * | For |
| Morgan Stanley, Eaton Vance and Calvert | For | Against * | For |
| J.P. Morgan | For | Against * | For |
| Goldman Sachs | No report | Against * | No report |
| WisdomTree | Split or no vote | Split or no vote | Split or no vote |
| PGIM and Prudential | For | Against * | For |
| Jackson National funds | Abstain or withhold * | Against * | For |
| Northern Trust and FlexShares | For | Against * | For |
| SEI | For | Against * | For |
| T. Rowe Price | For | Against * | For |
| Lincoln Financial | Abstain or withhold * | Against * | For |
| Voya | Abstain or withhold * | Against * | For |
| First Trust | For | Against * | For |
| Russell Investments | For | Against * | For |
| Nationwide | For | Against * | For |
| Victory Capital | For | Against * | For |
| Columbia Threadneedle | No report | Against * | No report |
| BNY Mellon | For | Against * | For |
| Principal | For | Against * | For |
| Capital Group and American Funds | No report | Split or no vote | No report |
| Pacific Life funds | For | Against * | For |
| AllianceBernstein | No report | Against * | No report |
| PIMCO | No report | Against * | No report |
| MassMutual | No report | For | No report |
| Janus Henderson | For | Against * | For |
| Neuberger Berman | No report | Against * | No report |
| Natixis and Loomis Sayles | No report | Against * | No report |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Driven Brands Holdings Inc. meeting?
272 Form N-PX filers reported votes at the meeting of 9 May 2024. On say-on-pay, 220 of 260 voted against management (84.6%). The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Driven Brands Holdings Inc. on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Driven Brands Holdings Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Driven Brands Holdings Inc. with a meeting date within three days of 9 May 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.