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Home / Companies / Garmin Ltd. / 7 Jun 2024

Meeting · year to 30 June 2024889 filers reporting

Garmin Ltd.: meeting of 7 Jun 2024

Votes reported on Form N-PX, item by item

889 Form N-PX filers reported votes at the Garmin Ltd. meeting of 7 Jun 2024. Their records fall into 9 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

11 nominees; 93.8% of reported votes for; 76 filers withheld from or voted against at least one nominee.

6,053 vote records from 233 filers. 10 of the 231 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

93.6% for3.9% against2.6% other4.3% against management233 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

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

1,588 vote records from 875 filers. 110 of the 838 filers that marked the item either way voted against management. 37 filers reported this item without a management mark.

0 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided

82.6% for12.2% against5.1% other13.1% against management875 filers
3

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

621 vote records from 232 filers. 10 of the 230 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

94.0% for3.9% against2.2% other4.3% against management232 filers99.7% for0.3% against0.0% other0.3% against management46,606,058 reported shares
4

CAPITAL STRUCTUREIssuer

CAPITAL STRUCTURE: management items

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

1,818 vote records from 230 filers. 1 of the 228 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

98.3% for0.0% against1.7% other0.4% against management230 filers99.1% for0.9% against0.0% other0.9% against management139,618,943 reported shares, counted once per item in this group
5

COMPENSATIONIssuer

COMPENSATION: management items

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

2,558 vote records from 289 filers. 5 of the 287 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

90.3% for1.4% against8.3% other1.7% against management289 filers98.4% for1.6% against0.0% other1.6% against management187,146,860 reported shares, counted once per item in this group
6

CORPORATE GOVERNANCEIssuer

CORPORATE GOVERNANCE: management items

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

2,974 vote records from 231 filers. 3 of the 229 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

97.0% for0.9% against2.2% other1.3% against management231 filers98.6% for1.3% against0.1% other1.4% against management202,678,326 reported shares, counted once per item in this group
7

OTHER SOCIAL ISSUESIssuer

OTHER SOCIAL ISSUES: management items

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

82 vote records from 37 filers. 0 of the 36 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

97.3% for0.0% against2.7% other0.0% against management37 filers100.0% for0.0% against0.0% against management3,450,138 reported shares, counted once per item in this group
8

OTHERIssuer

OTHER: management items

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

130 vote records from 45 filers. 0 of the 43 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

93.3% for0.0% against6.7% other0.0% against management45 filers100.0% for0.0% against0.0% other0.0% against management3,677,381 reported shares, counted once per item in this group
9

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.

13 vote records from 2 filers. 0 of the 2 filers that marked the item either way voted against management.

100.0% for0.0% against0.0% against management2 filers100.0% for0.0% against0.0% against management119,536 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
InvescoForAgainst *For
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
NationwideForAgainst *For
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
TransamericaForForFor
Federated HermesNo reportForNo report
AllianceBernsteinForForFor
Hartford FundsForAgainst *Against *
DWSForForFor
PIMCOForForAgainst *
AllspringForForFor
MassMutualForForFor
VirtusForForFor
VanEckForForFor
Macquarie and Delaware FundsForForFor
Janus HendersonForForFor
Neuberger BermanNo reportForNo report
Natixis and Loomis SaylesForForFor
Lord AbbettNo reportForNo report
BairdNo reportForNo report
Artisan PartnersForForFor

* 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 Garmin Ltd. meeting?

889 Form N-PX filers reported votes at the meeting of 7 Jun 2024. On say-on-pay, 110 of 838 voted against management (13.1%). 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 Garmin Ltd. 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 Garmin Ltd.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Garmin Ltd. with a meeting date within three days of 7 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.