Home / Companies / Petroleo Brasileiro SA / 25 Apr 2024
Petroleo Brasileiro SA: meeting of 25 Apr 2024
Votes reported on Form N-PX, item by item
135 Form N-PX filers reported votes at the Petroleo Brasileiro SA meeting of 25 Apr 2024. Their records fall into 13 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
16 nominees; 38.5% of reported votes for; 108 filers withheld from or voted against at least one nominee.
2,973 vote records from 123 filers. 6 of the 95 filers that marked the item either way voted against management. 28 filers reported this item without a management mark.
DIRECTOR ELECTIONSSecurity holder
Director elections (nominees put forward by security holders)
3 nominees; 56.1% of reported votes for; 72 filers withheld from or voted against at least one nominee.
522 vote records from 79 filers. No filer marked a management recommendation, so no against-management figure is reported. 79 filers reported this item without a management mark.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
3 vote records from 3 filers. 0 of the 2 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
92 vote records from 21 filers. 0 of the 2 filers that marked the item either way voted against management. 19 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.
240 vote records from 95 filers. 2 of the 4 filers that marked the item either way voted against management. 91 filers reported this item without a management mark.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
171 vote records from 109 filers. 3 of the 92 filers that marked the item either way voted against management. 17 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.
287 vote records from 114 filers. 63 of the 96 filers that marked the item either way voted against management. 18 filers 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.
1,437 vote records from 118 filers. 2 of the 94 filers that marked the item either way voted against management. 24 filers reported this item without a management mark.
OTHERIssuer
OTHER: management items
Management items in this category are shown together; filers word and number them differently.
127 vote records from 23 filers. 2 of the 8 filers that marked the item either way voted against management. 15 filers reported this item without a management mark.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (A)
110 vote records from 73 filers. No filer marked a management recommendation, so no against-management figure is reported. 73 filers reported this item without a management mark.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (B)
64 vote records from 35 filers. No filer marked a management recommendation, so no against-management figure is reported. 35 filers reported this item without a management mark.
AUDIT-RELATEDSecurity holder
Shareholder proposal: AUDIT-RELATED (C)
64 vote records from 35 filers. No filer marked a management recommendation, so no against-management figure is reported. 35 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.
11 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. Directors | 4. Auditor | 10. Proposal | 11. Proposal | 12. Proposal |
|---|---|---|---|---|---|---|
| Vanguard | Abstain or withhold | Abstain or withhold | Split or no vote | For | For | Abstain or withhold |
| BlackRock and iShares | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Fidelity | For | For | No report | Abstain or withhold | For | Against |
| Dimensional | Abstain or withhold | Abstain or withhold | No report | For | Abstain or withhold | For |
| State Street and SPDR | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| American Century | Abstain or withhold | Abstain or withhold | No report | For | Abstain or withhold | For |
| Franklin Templeton | Split or no vote | No report | No report | No report | No report | No report |
| Invesco | Against | For | No report | For | No report | No report |
| Equitable | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Charles Schwab | Abstain or withhold | No report | No report | No report | No report | No report |
| ProShares and ProFunds | Abstain or withhold | Abstain or withhold | No report | For | Abstain or withhold | For |
| Morgan Stanley, Eaton Vance and Calvert | Abstain or withhold | For | No report | For | No report | No report |
| J.P. Morgan | Abstain or withhold | No report | Split or no vote | No report | No report | No report |
| Goldman Sachs | Abstain or withhold * | For | No report | For | No report | No report |
| PGIM and Prudential | For | For | No report | For | No report | No report |
| Jackson National funds | For | No report | For | No report | No report | No report |
| Northern Trust and FlexShares | Abstain or withhold | For | No report | For | No report | No report |
| SEI | Abstain or withhold | No report | No report | No report | No report | No report |
| T. Rowe Price | For | For | No report | For | Abstain or withhold | For |
| Thrivent | Abstain or withhold | For | No report | For | No report | No report |
| Voya | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| First Trust | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Russell Investments | For | No report | No report | No report | No report | No report |
| Nationwide | Abstain or withhold | For | No report | For | No report | No report |
| Victory Capital | Abstain or withhold | For | No report | For | No report | No report |
| Brighthouse Funds | Split or no vote | Split or no vote | No report | Split or no vote | No report | No report |
| Guggenheim and Rydex | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Columbia Threadneedle | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Capital Group and American Funds | Abstain or withhold | For | No report | Abstain or withhold | No report | No report |
| Global X | For | No report | No report | No report | No report | No report |
| MFS | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Transamerica | Abstain or withhold | No report | No report | No report | No report | No report |
| Federated Hermes | Abstain or withhold * | No report | No report | No report | No report | No report |
| Hartford Funds | Abstain or withhold | No report | No report | No report | No report | No report |
| DWS | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Allspring | Abstain or withhold | For | No report | For | Abstain or withhold | For |
| Harbor Funds | For | No report | For | No report | No report | No report |
| VanEck | Abstain or withhold | No report | No report | No report | No report | No report |
| Macquarie and Delaware Funds | Abstain or withhold | Abstain or withhold | No report | For | Abstain or withhold | For |
| Neuberger Berman | Split or no vote | No report | No report | No report | No report | No report |
| Cohen & Steers | Split or no vote | No report | For | No report | No report | No report |
| Artisan Partners | Split or no vote | Split or no vote | No report | Split or no vote | 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 Petroleo Brasileiro SA meeting?
135 Form N-PX filers reported votes at the meeting of 25 Apr 2024. On say-on-pay, 0 of 2 voted against management (0.0%). 3 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 Petroleo Brasileiro SA 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 Petroleo Brasileiro SA
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Petroleo Brasileiro SA with a meeting date within three days of 25 Apr 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.