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Home / Companies / Richardson Electronics, Ltd. / 10 Oct 2023

Meeting · year to 30 June 2024168 filers reporting

Richardson Electronics, Ltd.: meeting of 10 Oct 2023

Votes reported on Form N-PX, item by item

168 Form N-PX filers reported votes at the Richardson Electronics, Ltd. meeting of 10 Oct 2023. Their records fall into 4 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

1

DIRECTOR ELECTIONSIssuer

Director elections

7 nominees; 40.3% of reported votes for; 56 filers withheld from or voted against at least one nominee.

852 vote records from 67 filers. 38 of the 67 filers that marked the item either way voted against management.

One filer reported a share count too large to be the holding described. No share split is published for this item. How that is decided

41.8% for0.0% against58.2% other56.7% against management67 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

239 vote records from 161 filers. 13 of the 159 filers that marked the item either way voted against management. 2 filers reported this item without a management mark.

4 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

90.1% for8.1% against1.9% other8.2% against management161 filers98.4% for1.6% against0.0% other1.6% against management11,014,826 reported shares
3

SECTION 14A SAY-ON-PAY VOTESIssuer

Frequency of the say-on-pay vote

one year: 149 filers; three years: 7 filers; for: 2 filers; 1-year: 2 filers; : 2 filers; not applicable: 1 filer.

243 vote records from 163 filers. 7 of the 162 filers that marked the item either way voted against management. 1 filer reported this item without a management mark.

4 filers reported share counts too large to be the holding described. Those figures are left out of the share split below; the counts of filers include them. How that is decided

0.6% for0.0% against99.4% other4.3% against management163 filers0.5% for0.0% against99.5% other7.1% against management11,191,566 reported shares
4

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

122 vote records from 66 filers. 0 of the 66 filers that marked the item either way voted against management.

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

98.5% for0.0% against1.5% other0.0% against management66 filers100.0% for0.0% against0.0% other0.0% against management3,146,298 reported shares

How the largest families voted

Family1. Directors2. Say-on-pay3. Pay-vote frequency4. Auditor
VanguardForForSplit or no voteFor
BlackRock and iSharesForForSplit or no voteFor
FidelityAbstain or withhold *ForSplit or no voteFor
DimensionalAbstain or withhold *ForSplit or no vote *For
State Street and SPDRForForSplit or no voteFor
American CenturyAbstain or withhold *ForSplit or no voteFor
Franklin TempletonForForSplit or no voteFor
InvescoForForSplit or no voteFor
EquitableForForSplit or no voteFor
Charles SchwabForForSplit or no voteFor
Nuveen and TIAAAbstain or withhold *ForSplit or no voteFor
ProShares and ProFundsAbstain or withhold *ForSplit or no voteFor
John Hancock and ManulifeAbstain or withhold *ForSplit or no voteFor
Morgan Stanley, Eaton Vance and CalvertAbstain or withhold *Against *Split or no voteFor
J.P. MorganNo reportForSplit or no voteNo report
Goldman SachsAbstain or withhold *ForSplit or no voteFor
WisdomTreeForAgainst *Split or no voteFor
PGIM and PrudentialNo reportForSplit or no voteNo report
Jackson National fundsAbstain or withhold *ForSplit or no vote *For
Northern Trust and FlexSharesForForSplit or no voteFor
T. Rowe PriceAbstain or withhold *ForSplit or no voteFor
Lincoln FinancialForForSplit or no voteFor
VoyaAbstain or withhold *Against *Split or no voteFor
First TrustAbstain or withhold *ForSplit or no voteFor
NationwideAbstain or withhold *ForSplit or no voteFor
Victory CapitalAbstain or withhold *ForSplit or no voteFor
Brighthouse FundsAbstain or withhold *ForSplit or no voteFor
Guggenheim and RydexAbstain or withhold *ForSplit or no voteFor
BNY MellonNo reportAgainst *Split or no voteNo report
PrincipalAbstain or withhold *ForSplit or no voteFor
Pacific Life fundsForForSplit or no voteFor
AllianceBernsteinNo reportForSplit or no voteNo report
DWSForForSplit or no voteFor
AllspringAbstain or withhold *ForSplit or no voteFor
Natixis and Loomis SaylesNo reportForSplit or no voteNo 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 Richardson Electronics, Ltd. meeting?

168 Form N-PX filers reported votes at the meeting of 10 Oct 2023. On say-on-pay, 13 of 159 voted against management (8.2%). 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 Richardson Electronics, Ltd. 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 Richardson Electronics, Ltd.

Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Richardson Electronics, Ltd. with a meeting date within three days of 10 Oct 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.