Home / Companies / Merck & Co., Inc. / 27 May 2025
Merck & Co., Inc.: meeting of 27 May 2025
Votes reported on Form N-PX, item by item
2,101 Form N-PX filers reported votes at the Merck & Co., Inc. meeting of 27 May 2025. 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
DIRECTOR ELECTIONSIssuer
Director elections
13 nominees; 96.2% of reported votes for; 99 filers withheld from or voted against at least one nominee.
19,308 vote records from 507 filers. 7 of the 504 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)
4,228 vote records from 2,066 filers. 186 of the 2,016 filers that marked the item either way voted against management. 50 filers reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
1,485 vote records from 500 filers. 17 of the 497 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.
111 vote records from 28 filers. 2 of the 28 filers that marked the item either way voted against management.
OTHER SOCIAL ISSUESSecurity holder
Shareholder proposal to revisit DEI goals in executive pay incentives.
1,433 vote records from 485 filers. 28 of the 480 filers that marked the item either way voted against management. 5 filers reported this item without a management mark.
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCESecurity holder
Shareholder proposal regarding a human rights impact assessment.
1,448 vote records from 482 filers. 85 of the 476 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Shareholder proposal regarding a tax transparency report.
1,418 vote records from 481 filers. 125 of the 475 filers that marked the item either way voted against management. 6 filers reported this item without a management mark.
OTHER SOCIAL ISSUESSecurity holder
Shareholder proposal regarding a report on civil liberties in advertising services.
1,418 vote records from 481 filers. 33 of the 477 filers that marked the item either way voted against management. 4 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.
148 vote records from 20 filers. 5 of the 18 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. Auditor | 5. Proposal | 6. Proposal | 7. Proposal | 8. Proposal |
|---|---|---|---|---|---|---|---|
| Vanguard | For | For | For | Against | Against | Against | Against |
| BlackRock and iShares | For | For | For | Against | Against | Against | Against |
| Fidelity | For | For | For | Against | Against | Against | Against |
| Dimensional | For | For | For | Against | Against | Against | Against |
| State Street and SPDR | For | For | For | Against | Against | Against | Against |
| American Century | For | For | For | Against | Against | Against | Against |
| Franklin Templeton | For | For | For | Against | Against | Against | Against |
| Invesco | For | For | For | Against | Against | Against | Against |
| Equitable | For | For | For | Against | Against | Against | Against |
| Charles Schwab | For | For | For | Against | Against | Against | Against |
| Nuveen and TIAA | For | For | For | Against | Against | Against | Against |
| ProShares and ProFunds | For | For | For | Against | Against | Against | Against |
| John Hancock and Manulife | For | For | For | Against | Against | Against | Against |
| Morgan Stanley, Eaton Vance and Calvert | For | Against * | For | Against | For * | For * | Against |
| J.P. Morgan | For | For | For | Against | Against | Against | Against |
| Goldman Sachs | For | For | For | Against | Against | Against | Against |
| WisdomTree | For | For | For | Against | Against | Against | Against |
| PGIM and Prudential | For | For | For | Against | Against | For * | Against |
| Jackson National funds | For | For | For | Against | Against | Against | Against |
| Northern Trust and FlexShares | For | For | For | Against | For * | Against | Against |
| SEI | For | For | For | Against | Against | For * | Against |
| T. Rowe Price | For | For | For | Against | Against | Against | Against |
| Thrivent | For | For | For | Against | Against | Against | Against |
| Lincoln Financial | For | For | For | Against | Against | Against | Against |
| Voya | For | For | For | Against | Against | Against | Against |
| First Trust | For | For | For | Against | Against | Against | Against |
| Russell Investments | For | For | For | Against | Against | For * | Against |
| Nationwide | For | For | For | Against | Against | Against | Against |
| Victory Capital | For | For | For | Against | Against | Against | Against |
| Brighthouse Funds | For | For | For | Against | Against | Against | Against |
| Guggenheim and Rydex | For | For | For | Against | Against | Against | Against |
| Columbia Threadneedle | For | For | For | Against | Against | Against | Against |
| BNY Mellon | For | For | For | Against | Against | Against | Against |
| Principal | For | For | For | Against | Against | Against | Against |
| Capital Group and American Funds | For | For | For | Against | Against | Against | Against |
| Pacific Life funds | For | For | For | Against | Against | Against | Against |
| Global X | For | For | For | No report | No report | No report | No report |
| MFS | For | For | For | Against | Against | For * | Against |
| Transamerica | For | For | For | Against | Against | Against | Against |
| Federated Hermes | For | For | For | Against | Against | Against | Against |
| AllianceBernstein | For | For | For | Against | Against | Against | Against |
| Hartford Funds | For | For | For | Against | Against | Against | Against |
| DWS | For | For | For | Against | For * | For * | Against |
| PIMCO | For | For | For | Against | Against | Against | Against |
| Allspring | For | For | For | Against | Against | Against | Against |
| MassMutual | For | For | For | Against | For * | Against | Against |
| Harbor Funds | For | For | For | Against | Against | Against | Against |
| Virtus | For | For | For | Against | Against | Against | Against |
| VanEck | For | For | For | Against | Against | For * | Against |
| Macquarie and Delaware Funds | For | For | For | Against | For * | Against | Against |
| Janus Henderson | For | For | For | Against | Against | Against | Against |
| Neuberger Berman | For | For | For | Against | Against | For * | Against |
| American Beacon | For | For | For | Against | Against | For * | Against |
| Natixis and Loomis Sayles | For | For | For | Against | Against | Against | Against |
| Lord Abbett | No report | For | No report | No report | No report | No report | No report |
| Dodge & Cox | No report | For | No report | No report | No report | No report | No report |
| Harris Associates and Oakmark | For | For | For | Against | Against | Against | Against |
| Baird | No report | For | No report | No report | No report | No report | No report |
| Artisan Partners | For | For | For | No report | No report | 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 Merck & Co., Inc. meeting?
2,101 Form N-PX filers reported votes at the meeting of 27 May 2025. On say-on-pay, 186 of 2,016 voted against management (9.2%). 4 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 Merck & Co., 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 Merck & Co., Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Merck & Co., Inc. with a meeting date within three days of 27 May 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.