Home / Companies / Ocean Power Technologies, Inc. / 28 Feb 2024
Ocean Power Technologies, Inc.: meeting of 28 Feb 2024
Votes reported on Form N-PX, item by item
31 Form N-PX filers reported votes at the Ocean Power Technologies, Inc. meeting of 28 Feb 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
DIRECTOR ELECTIONSIssuer
Director elections
12 nominees; 94.4% of reported votes for; 2 filers withheld from or voted against at least one nominee.
102 vote records from 6 filers. 0 of the 6 filers that marked the item either way voted against management.
DIRECTOR ELECTIONSSecurity holder
Director elections (nominees put forward by security holders)
4 nominees; 0.0% of reported votes for; no filer withheld from or voted against at least one nominee.
42 vote records from 6 filers. No filer marked a management recommendation, so no against-management figure is reported. 6 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
72 vote records from 31 filers. 4 of the 27 filers that marked the item either way voted against management. 4 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
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
18 vote records from 6 filers. 0 of the 6 filers that marked the item either way voted against management.
SHAREHOLDER RIGHTS AND DEFENSESIssuer
SHAREHOLDER RIGHTS AND DEFENSES: management items
Management items in this category are shown together; filers word and number them differently.
18 vote records from 6 filers. 2 of the 6 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
18 vote records from 6 filers. 0 of the 6 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Directors | 3. Say-on-pay | 4. Auditor |
|---|---|---|---|---|
| Vanguard | For | Split or no vote | For | For |
| BlackRock and iShares | For | Split or no vote | For | For |
| Fidelity | For | Split or no vote | For | For |
| State Street and SPDR | No report | No report | For | No report |
| Charles Schwab | For | Split or no vote | Split or no vote | Split or no vote |
| BNY Mellon | No report | No report | For | No report |
| Natixis and Loomis Sayles | No report | No report | Against * | 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 Ocean Power Technologies, Inc. meeting?
31 Form N-PX filers reported votes at the meeting of 28 Feb 2024. On say-on-pay, 4 of 27 voted against management (14.8%). 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 Ocean Power Technologies, 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 Ocean Power Technologies, Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Ocean Power Technologies, Inc. with a meeting date within three days of 28 Feb 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.