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Home / Companies / Fortinet, Inc. / 14 Jun 2024

Meeting · year to 30 June 20241,117 filers reporting

Fortinet, Inc.: meeting of 14 Jun 2024

Votes reported on Form N-PX, item by item

1,117 Form N-PX filers reported votes at the Fortinet, Inc. meeting of 14 Jun 2024. Their records fall into 6 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

1

DIRECTOR ELECTIONSIssuer

Director elections

9 nominees; 95.0% of reported votes for; 59 filers withheld from or voted against at least one nominee.

7,065 vote records from 298 filers. 3 of the 295 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

97.7% for1.0% against1.3% other1.0% against management298 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

2,141 vote records from 1,088 filers. 107 of the 1,056 filers that marked the item either way voted against management. 32 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

86.3% for9.9% against3.8% other10.1% against management1,088 filers97.1% for2.8% against0.0% other2.1% against management1,857,049,721 reported shares
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

787 vote records from 295 filers. 11 of the 292 filers that marked the item either way voted against management. 3 filers reported this item without a management mark.

94.6% for3.7% against1.7% other3.8% against management295 filers99.1% for0.8% against0.1% other0.9% against management184,703,734 reported shares
4

COMPENSATIONIssuer

COMPENSATION: management items

Management items in this category are shown together; filers word and number them differently.

53 vote records from 25 filers. 3 of the 25 filers that marked the item either way voted against management.

80.0% for16.0% against4.0% other12.0% against management25 filers95.3% for4.7% against0.0% other2.7% against management1,004,955 reported shares, counted once per item in this group
5

SECTION 14A SAY-ON-PAY VOTESSecurity holder

Shareholder proposal: SECTION 14A SAY-ON-PAY VOTES

3 vote records from 3 filers. 0 of the 3 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management3 filers100.0% for0.0% against0.0% against management135,048 reported shares
6

Several categoriesSecurity holder

Shareholder proposals (not separable from the filings)

Filers described these proposals in wordings that could not be matched to one another, so they are shown together.

1 vote records from 1 filers. 0 of the 1 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management1 filers100.0% for0.0% against0.0% against management15,491 reported shares, counted once per item in this group

How the largest families voted

Family1. Directors2. Say-on-pay3. Auditor
VanguardForForFor
BlackRock and iSharesForForFor
FidelityForForFor
DimensionalForForFor
State Street and SPDRForForFor
American CenturyForAgainst *For
Franklin TempletonForForFor
InvescoForForFor
EquitableForForFor
Charles SchwabForForFor
Nuveen and TIAAForForFor
ProShares and ProFundsForForFor
John Hancock and ManulifeForForFor
Morgan Stanley, Eaton Vance and CalvertForForFor
J.P. MorganForForFor
Goldman SachsForForFor
WisdomTreeForAgainst *For
PGIM and PrudentialForForFor
Jackson National fundsForForFor
Northern Trust and FlexSharesForForFor
SEIForForFor
T. Rowe PriceForForFor
ThriventForForFor
Lincoln FinancialForForFor
VoyaForForFor
First TrustForForFor
Russell InvestmentsForForFor
NationwideForForFor
Victory CapitalForForFor
Brighthouse FundsForForFor
Guggenheim and RydexForForFor
Columbia ThreadneedleForForFor
BNY MellonForAgainst *For
PrincipalForForFor
Capital Group and American FundsNo reportSplit or no voteNo report
Pacific Life fundsForForFor
Global XForForFor
MFSForForFor
TransamericaForForFor
Federated HermesForForFor
AllianceBernsteinForForFor
Hartford FundsForForFor
DWSForForFor
PIMCOForForAgainst *
AllspringForForFor
MassMutualForForFor
Harbor FundsForForFor
VanEckForForFor
Macquarie and Delaware FundsNo reportForNo report
Janus HendersonNo reportForNo report
Neuberger BermanNo reportForNo report
American BeaconForForFor
Natixis and Loomis SaylesForForFor
Lord AbbettNo reportForNo report
BairdNo reportForNo 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 Fortinet, Inc. meeting?

1,117 Form N-PX filers reported votes at the meeting of 14 Jun 2024. On say-on-pay, 107 of 1,056 voted against management (10.1%). One proposal from security holders could be told apart in the filings. 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 Fortinet, 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 Fortinet, Inc.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Fortinet, Inc. with a meeting date within three days of 14 Jun 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.