Home / Companies / Farmer Bros. Co. / 24 Jan 2024
Farmer Bros. Co.: meeting of 24 Jan 2024
Votes reported on Form N-PX, item by item
60 Form N-PX filers reported votes at the Farmer Bros. Co. meeting of 24 Jan 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
5 nominees; 80.0% of reported votes for; 8 filers withheld from or voted against at least one nominee.
195 vote records from 22 filers. 1 of the 22 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
79 vote records from 54 filers. 7 of the 52 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
39 vote records from 22 filers. 0 of the 22 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.
5 vote records from 5 filers. 0 of the 5 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 | For | For |
| BlackRock and iShares | For | For | For |
| Fidelity | For | For | For |
| Dimensional | For | Against * | For |
| State Street and SPDR | No report | For | No report |
| American Century | For | For | For |
| Equitable | For | For | For |
| Charles Schwab | For | For | For |
| John Hancock and Manulife | For | Against * | For |
| Goldman Sachs | No report | Split or no vote | No report |
| Jackson National funds | For | Against * | For |
| Northern Trust and FlexShares | For | For | For |
| T. Rowe Price | No report | For | No report |
| Lincoln Financial | For | Against * | For |
| Victory Capital | For | For | For |
| BNY Mellon | No report | For | No report |
| Federated Hermes | No report | For | No report |
| Neuberger Berman | No report | For | 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 Farmer Bros. Co. meeting?
60 Form N-PX filers reported votes at the meeting of 24 Jan 2024. On say-on-pay, 7 of 52 voted against management (13.5%). 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 Farmer Bros. Co. 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 Farmer Bros. Co.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Farmer Bros. Co. with a meeting date within three days of 24 Jan 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.