Home / Companies / FERGUSON PLC / 28 Nov 2023
FERGUSON PLC: meeting of 28 Nov 2023
Votes reported on Form N-PX, item by item
434 Form N-PX filers reported votes at the FERGUSON PLC meeting of 28 Nov 2023. Their records fall into 8 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
11 nominees; 91.2% of reported votes for; 36 filers withheld from or voted against at least one nominee.
1,980 vote records from 95 filers. 2 of the 92 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
586 vote records from 425 filers. 22 of the 399 filers that marked the item either way voted against management. 26 filers reported this item without a management mark.
2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided
SECTION 14A SAY-ON-PAY VOTESIssuer
Frequency of the say-on-pay vote
one year: 332 filers; for: 28 filers; three years: 14 filers; 1-year: 5 filers; abstain: 5 filers; not applicable: 3 filers.
581 vote records from 414 filers. 17 of the 382 filers that marked the item either way voted against management. 32 filers reported this item without a management mark.
2 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
359 vote records from 95 filers. 4 of the 92 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
709 vote records from 94 filers. 0 of the 91 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
353 vote records from 100 filers. 4 of the 97 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
275 vote records from 94 filers. 1 of the 91 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
213 vote records from 46 filers. 0 of the 44 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Pay-vote frequency | 4. Auditor |
|---|---|---|---|---|
| Vanguard | No report | For | Split or no vote | No report |
| BlackRock and iShares | No report | For | Split or no vote | No report |
| Fidelity | For | For | Split or no vote | For |
| Franklin Templeton | No report | For | Split or no vote | No report |
| Charles Schwab | For | For | Split or no vote | For |
| John Hancock and Manulife | For | For | Split or no vote | For |
| J.P. Morgan | For | For | Split or no vote | For |
| Goldman Sachs | For | For | For | For |
| PGIM and Prudential | For | For | Split or no vote | For |
| Jackson National funds | For | For | For | For |
| Northern Trust and FlexShares | No report | For | Split or no vote | No report |
| SEI | For | For | Split or no vote | For |
| T. Rowe Price | No report | For | Split or no vote | No report |
| Lincoln Financial | For | For | Split or no vote | For |
| Russell Investments | For | For | Split or no vote | For |
| Brighthouse Funds | For | For | Split or no vote | For |
| BNY Mellon | For | For | Split or no vote | For |
| Principal | For | For | Split or no vote | For |
| Global X | For | For | Split or no vote | For |
| Transamerica | For | For | Split or no vote | For |
| Federated Hermes | For | For | Split or no vote | For |
| AllianceBernstein | No report | For | Split or no vote | No report |
| MassMutual | No report | For | Split or no vote | No report |
| Harbor Funds | For | For | Split or no vote | For |
| Janus Henderson | No report | For | Split or no vote | No report |
| Neuberger Berman | No report | For | Split or no vote | No report |
| Natixis and Loomis Sayles | No report | For | Split or no vote | No report |
| Baird | For | For | Split or no vote | For |
* 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 FERGUSON PLC meeting?
434 Form N-PX filers reported votes at the meeting of 28 Nov 2023. On say-on-pay, 22 of 399 voted against management (5.5%). 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 FERGUSON PLC 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 FERGUSON PLC
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing FERGUSON PLC with a meeting date within three days of 28 Nov 2023. 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 30 Sep 2026.