Home / Companies / Palo Alto Networks, Inc. / 12 Dec 2023
Palo Alto Networks, Inc.: meeting of 12 Dec 2023
Votes reported on Form N-PX, item by item
1,458 Form N-PX filers reported votes at the Palo Alto Networks, Inc. meeting of 12 Dec 2023. Their records fall into 5 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; 87.9% of reported votes for; 135 filers withheld from or voted against at least one nominee.
3,964 vote records from 394 filers. 10 of the 391 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)
2,484 vote records from 1,422 filers. 812 of the 1,368 filers that marked the item either way voted against management. 54 filers reported this item without a management mark.
4 filers reported share counts too large to be the holding described. No share split is published for this item. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
990 vote records from 392 filers. 6 of the 389 filers that marked the item either way voted against management. 3 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
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
1,235 vote records from 407 filers. 150 of the 403 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.
3 vote records from 1 filers. 0 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 |
|---|---|---|---|
| Vanguard | For | For | For |
| BlackRock and iShares | For | Against * | For |
| Fidelity | For | For | For |
| Dimensional | For | Against * | For |
| State Street and SPDR | For | Against * | For |
| American Century | For | Against * | For |
| Franklin Templeton | For | For | For |
| Invesco | For | For | For |
| Equitable | For | Against * | For |
| Charles Schwab | Split or no vote | Against * | For |
| Nuveen and TIAA | For | Against * | For |
| ProShares and ProFunds | For | Against * | For |
| John Hancock and Manulife | For | Against * | For |
| Morgan Stanley, Eaton Vance and Calvert | For | Against * | For |
| J.P. Morgan | For | Against * | For |
| Goldman Sachs | For | Against * | For |
| WisdomTree | Split or no vote | Against * | For |
| PGIM and Prudential | For | Against * | For |
| Jackson National funds | For | Against * | For |
| Northern Trust and FlexShares | For | For | For |
| SEI | Split or no vote | Against * | For |
| T. Rowe Price | Against * | Against * | For |
| Thrivent | For | Against * | For |
| Lincoln Financial | For | Against * | For |
| Voya | For | For | For |
| First Trust | For | Against * | For |
| Russell Investments | Split or no vote | Against * | For |
| Nationwide | For | Against * | For |
| Victory Capital | For | Against * | For |
| Brighthouse Funds | For | Against * | For |
| Guggenheim and Rydex | For | Against * | For |
| Columbia Threadneedle | For | For | For |
| BNY Mellon | Split or no vote | Against * | For |
| Principal | For | Against * | For |
| Capital Group and American Funds | For | For | For |
| Pacific Life funds | For | Against * | For |
| Global X | Split or no vote | Against * | For |
| MFS | For | Against * | For |
| Transamerica | For | For | For |
| Federated Hermes | For | For | For |
| AllianceBernstein | For | Against * | For |
| Hartford Funds | For | For | For |
| DWS | For | Against * | For |
| Allspring | For | For | For |
| MassMutual | For | Against * | For |
| Harbor Funds | For | For | For |
| Virtus | For | For | For |
| VanEck | Split or no vote | Against * | For |
| Macquarie and Delaware Funds | No report | Against * | No report |
| Janus Henderson | For | For | For |
| Neuberger Berman | Split or no vote | Against * | For |
| American Beacon | For | Against * | For |
| Natixis and Loomis Sayles | For | Against * | For |
| Lord Abbett | For | Against * | For |
| Cohen & Steers | No report | Against * | No report |
| Baird | 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 Palo Alto Networks, Inc. meeting?
1,458 Form N-PX filers reported votes at the meeting of 12 Dec 2023. On say-on-pay, 812 of 1,368 voted against management (59.4%). 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 Palo Alto Networks, 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 Palo Alto Networks, Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Palo Alto Networks, Inc. with a meeting date within three days of 12 Dec 2023. 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.