Home / Companies / Mastercard Incorporated / 24 Jun 2025
Mastercard Incorporated: meeting of 24 Jun 2025
Votes reported on Form N-PX, item by item
2,219 Form N-PX filers reported votes at the Mastercard Incorporated meeting of 24 Jun 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
12 nominees; 96.1% of reported votes for; 92 filers withheld from or voted against at least one nominee.
20,348 vote records from 590 filers. 5 of the 580 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
4,231 vote records from 2,191 filers. 112 of the 2,137 filers that marked the item either way voted against management. 54 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
1,696 vote records from 588 filers. 24 of the 579 filers that marked the item either way voted against management. 9 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.
74 vote records from 30 filers. 1 of the 29 filers that marked the item either way voted against management. 1 filer 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.
4,853 vote records from 582 filers. 2 of the 574 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.
DIVERSITY, EQUITY, AND INCLUSIONSecurity holder
Consideration of a stockholder proposal requesting a racial equity audit report
1,621 vote records from 565 filers. 69 of the 555 filers that marked the item either way voted against management. 10 filers reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Consideration of a stockholder proposal requesting a report on affirmative action risks
1,617 vote records from 562 filers. 29 of the 554 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.
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.
37 vote records from 19 filers. 6 of the 19 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor | 6. Proposal | 7. Proposal |
|---|---|---|---|---|---|
| Vanguard | For | For | For | Against | Against |
| BlackRock and iShares | For | For | For | Against | Against |
| Fidelity | For | For | For | Against | Against |
| Dimensional | For | For | For | Against | Against |
| State Street and SPDR | For | For | For | Against | Against |
| American Century | For | For | For | Against | Against |
| Franklin Templeton | For | For | For | Against | Against |
| Invesco | For | For | For | Against | Against |
| Equitable | For | For | For | Against | Against |
| Charles Schwab | For | For | For | Against | Against |
| Nuveen and TIAA | For | For | For | Against | Against |
| ProShares and ProFunds | For | For | For | Against | Against |
| John Hancock and Manulife | For | For | For | Against | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | For | For | For * | Against |
| J.P. Morgan | For | For | For | Against | Against |
| Goldman Sachs | For | For | For | Against | Against |
| WisdomTree | For | For | For | Against | Against |
| PGIM and Prudential | For | For | For | Against | Against |
| Jackson National funds | For | For | For | Against | Against |
| Northern Trust and FlexShares | For | For | For | Against | Against |
| SEI | For | For | For | Against | Against |
| T. Rowe Price | For | For | For | Against | Against |
| Thrivent | For | For | For | Against | Against |
| Lincoln Financial | For | For | For | Against | Against |
| Voya | For | For | For | Against | Against |
| First Trust | For | For | For | Against | Against |
| Russell Investments | For | For | For | Against | Against |
| Nationwide | For | For | For | Against | Against |
| Victory Capital | For | For | For | Against | Against |
| Brighthouse Funds | For | For | For | Against | Against |
| Guggenheim and Rydex | For | For | For | Against | Against |
| Columbia Threadneedle | For | For | For | Abstain or withhold * | Against |
| BNY Mellon | For | For | For | Against | Against |
| Principal | For | For | For | Against | Against |
| Capital Group and American Funds | For | For | For | Against | Against |
| Pacific Life funds | For | For | For | Against | Against |
| Global X | For | For | For | No report | No report |
| MFS | For | For | For | Against | Against |
| Transamerica | For | For | For | Against | Against |
| Federated Hermes | For | For | For | Against | Against |
| AllianceBernstein | For | For | For | Against | Against |
| Hartford Funds | For | For | For | Against | Against |
| DWS | For | For | For | Against | Against |
| PIMCO | For | For | Against * | For * | Against |
| Allspring | For | For | For | Against | Against |
| MassMutual | For | For | For | Against | Against |
| Harbor Funds | For | For | For | Against | Against |
| Virtus | For | For | For | Against | Against |
| VanEck | For | For | For | Against | Against |
| Macquarie and Delaware Funds | For | For | For | Against | Against |
| Janus Henderson | For | For | For | Against | Against |
| Neuberger Berman | For | For | For | Against | Against |
| American Beacon | For | For | For | Against | Against |
| Natixis and Loomis Sayles | For | For | For | Against | Against |
| Lord Abbett | For | For | For | Against | Against |
| Cohen & Steers | No report | For | No report | No report | No report |
| Harris Associates and Oakmark | No report | For | No report | No report | No report |
| Baird | For | For | For | Against | Against |
| Artisan Partners | For | For | 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 Mastercard Incorporated meeting?
2,219 Form N-PX filers reported votes at the meeting of 24 Jun 2025. On say-on-pay, 112 of 2,137 voted against management (5.2%). 2 proposals 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 Mastercard Incorporated 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 Mastercard Incorporated
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Mastercard Incorporated with a meeting date within three days of 24 Jun 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.