Home / Companies / Marathon Petroleum Corporation / 30 Apr 2025
Marathon Petroleum Corporation: meeting of 30 Apr 2025
Votes reported on Form N-PX, item by item
1,355 Form N-PX filers reported votes at the Marathon Petroleum Corporation meeting of 30 Apr 2025. 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
4 nominees; 93.2% of reported votes for; 61 filers withheld from or voted against at least one nominee.
3,141 vote records from 322 filers. 8 of the 320 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
2,035 vote records from 1,334 filers. 109 of the 1,297 filers that marked the item either way voted against management. 37 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
789 vote records from 322 filers. 7 of the 320 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
SHAREHOLDER RIGHTS AND DEFENSESIssuer
SHAREHOLDER RIGHTS AND DEFENSES: management items
Management items in this category are shown together; filers word and number them differently.
945 vote records from 311 filers. 1 of the 309 filers that marked the item either way voted against management. 2 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.
42 vote records from 18 filers. 1 of the 18 filers that marked the item either way voted against management.
CORPORATE GOVERNANCEIssuer
CORPORATE GOVERNANCE: management items
Management items in this category are shown together; filers word and number them differently.
645 vote records from 272 filers. 1 of the 270 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.
CORPORATE GOVERNANCESecurity holder
Shareholder proposal to support a simple majority vote.
755 vote records from 308 filers. 196 of the 308 filers that marked the item either way voted against management.
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. 1 of the 1 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 7. Proposal |
|---|---|---|---|---|
| Vanguard | For | For | For | Against |
| BlackRock and iShares | For | For | For | Against |
| Fidelity | For | For | For | For * |
| Dimensional | For | For | For | For * |
| State Street and SPDR | For | For | For | Against |
| American Century | For | For | For | For * |
| Franklin Templeton | For | For | For | For * |
| Invesco | For | For | For | For * |
| Equitable | For | For | For | For * |
| Charles Schwab | For | For | For | Against |
| Nuveen and TIAA | For | For | For | For * |
| ProShares and ProFunds | For | For | For | For * |
| John Hancock and Manulife | For | For | For | For * |
| Morgan Stanley, Eaton Vance and Calvert | For | For | For | For * |
| J.P. Morgan | For | For | For | Against |
| Goldman Sachs | For | For | For | For * |
| WisdomTree | For | Against * | For | For * |
| PGIM and Prudential | For | For | For | Against |
| Jackson National funds | For | For | For | For * |
| Northern Trust and FlexShares | For | For | For | For * |
| SEI | For | For | For | Against |
| T. Rowe Price | For | For | For | Against |
| Thrivent | For | For | For | For * |
| Lincoln Financial | For | For | For | Against |
| Voya | For | For | For | For * |
| First Trust | For | For | For | For * |
| Russell Investments | For | For | For | Against |
| Nationwide | For | For | For | For * |
| Victory Capital | For | For | For | For * |
| Brighthouse Funds | For | For | For | For * |
| Guggenheim and Rydex | For | For | For | For * |
| Columbia Threadneedle | For | For | For | For * |
| BNY Mellon | For | For | For | For * |
| Principal | For | For | For | For * |
| Capital Group and American Funds | No report | Split or no vote | No report | No report |
| Pacific Life funds | For | For | For | Against |
| Global X | For | For | For | No report |
| MFS | For | For | For | For * |
| Transamerica | For | For | For | Against |
| Federated Hermes | For | For | For | Against |
| AllianceBernstein | For | For | For | For * |
| Hartford Funds | For | For | For | For * |
| DWS | For | For | For | For * |
| PIMCO | For | For | For | For * |
| Allspring | For | For | For | For * |
| MassMutual | For | For | For | For * |
| Harbor Funds | For | For | For | Against |
| VanEck | For | For | For | Against |
| Macquarie and Delaware Funds | For | For | For | For * |
| Janus Henderson | For | For | For | For * |
| Neuberger Berman | No report | For | No report | No report |
| Natixis and Loomis Sayles | For | For | For | For * |
| Lord Abbett | For | For | For | For * |
| Baird | No report | For | No report | 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 Marathon Petroleum Corporation meeting?
1,355 Form N-PX filers reported votes at the meeting of 30 Apr 2025. On say-on-pay, 109 of 1,297 voted against management (8.4%). 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 Marathon Petroleum Corporation 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 Marathon Petroleum Corporation
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Marathon Petroleum Corporation with a meeting date within three days of 30 Apr 2025. 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.